India’s Inflation declines to 0.18 percent for the week ended on April 4 as compared to previous week's Inflation of 0.26 per cent, government data showed on Thursday.
The annual inflation rate was 7.71 per cent during the corresponding week of the previous year.
Wholesale Price Index (WPI) for all commodities was up 0.4%, At 228.2 on week-on-week (WoW) basis. Primary articles were up 1.1% (WoW), whereas, manufacturing products climbed 0.1% (WoW). Fuel Group was up 0.5% (WoW) and Jet Fuel Price was ...
Fourth quarterly results of following companies are going to be disclosed on Thursday, April 16, 2009. The list includes many big companies which would direct Indian stock market according to their quarterly results.
COMPANY...
Yesterday: The Indian Stock market has closed positive even after bad numbers declared by Infy.
Today: It looks like that bull is not in a mood to give up. The target for the sensex is 11500 but as market is well above 25-28% we may see huge profit booking at this level. The volatility of Indian Stock Market may increase and big surprises may be seen. It is suggested to trade ...
FII and DII activity that was seen on Wednesday, April 15, 2009 is shown below. The report shows that FII were net buyer of Rs 684.5 crore where as DII saw buying of 290.22 crore.
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Fourth Quarter Results
Infosys Technologies has announced its fourth quarter results. Its Q4 FY09 net profit declined 1.7% at Rs 1,613 crore as against Rs 1,641 crore on quarter-on-quarter basis.
It reported a decline of 2.61% in revenues at Rs 5,635 crore as against Rs 5,786 crore QoQ.
Note: Infosys' numbers included tax reversal of Rs 108 crore for FY09 and Rs 15 crore ...
Last trading session: Indian Stock Market was exactly the replica of our prediction and finally we touched the magic mark of 11000 on intraday basis.
Today: Indian Stock Market still looks up and all eyes are set on the result of Infosys which may be released before market opens today. If the result of Infosys comes out to be positive the market will see sharp ...
India's exports fell 31 percent lower from previous year, said G.K. Pillai (Trade Secretary). He also said "March exports, we have only the provisional estimates...It is just under $12 billion".
This is for a sixth straight month according to the latest provisional estimate for March, and are likely to extend the fall till September before recovering, the trade secretary said on Monday.
Recession in developed economies crimped demand for Indian goods and export growth slowed to 7.3 per cent in April-February to $156.6 billion from a year earlier, sharply lower from close to 20 per cent seen in 2007/08.
"This negative growth will continue up till September... Then, you will ...
Indian Stock Market would be closed today on Tuesday, April 14, 2009 to celebrate Dr. Ambedkar Jayanti. So Take rest and do your own research for trading in next session.
Yesterday’s Trading session: Indian Stock Market trend was exact replica of our prediction. Market opened with the positive note, went down in afternoon and again regained to end with positive trend.
INSTANEX: At close, the Instanex FII Index was up 0.89% to 240.57 (+1.34% at 3 pm) and the Instanex DII 15 Portfolio was up 0.84% (+1.27% at 3 pm). Sensex was up 1.51% (+2.05% at 3 pm) and Nifty was up 1.21% (+1.90% at 3 pm). The other Instanex Ownership Indices were also up – the Instanex Promoter 15 portfolio was up 2.56% (+3.16% at 3 pm), the Instanex Top 15 portfolio was up 2.10% (+2.62% at 3 pm) and the Instanex Retail 15 portfolio was up 1.25% (+1.77% at 3 pm).
Out of the 15 components of the Instanex FII Index, ...
FII and DII activity that was seen on Monday, April 13, 2009 is shown below. The report shows that FII were net buyer of Rs 580.49crore where as DII saw selling of 152.25 crore.
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Tech Mahindra has won the bid for Satyam Computer Services. The long-drawn race finally drew to a close as it was confirmed that Tech Mahindra bid for Satyam at Rs 58 per share, while Larsen & Toubro, the other player in the fray, bid at Rs 49.50 per share.
Tech Mahindra will have to pay Rs 1757 crore for 31% at Rs 58 per share, whereas for the total 51% stake the company will have to pay Rs 2890 crore. Satyam will now have a market capitalization of Rs 5666 crore on expanded equity. Sources say that Tech Mahindra may rope in PE investor and will subscribe ...
Last week: As predicted by us Indian Stock Market saw a positive trend throughout the week. BSE saw a net uptrend of 4.1% last week. For more details, visit Review for last week ended Friday, April 10, 2009
Today: Indian Stock Market is expected to open positive, but some downtrend would be seen in afternoon. Overall the market would be positive. Good opportunities would be seen for intraday trading. But market would see resistance at 11000 market for sensex ...
Here are few FAQs that have been discussed with Abhishek Parakh (founder, EquityPandit.com).
Q. Kindly tell us about EquityPandit.com paid services.
Abhishek: EquityPandit.com was started as many of the investors and traders were loosing their hard earned money in downtrend of Indian Stock Markets. EquityPandit.com ...
The positive rally in the global financial markets including Indian Stock Market over the last one month continued last week as well. There exist a feeling in traders and investors that the worst of the global economic downturn may be over. But this is not true. There have been few factors which have occurred consecutively which made market to show positive sign.
Here are some of the main factors behind the global market ...
India: Indian stock market has led the pack of positive rally last week with BSE-Sensex ending higher by 4.4% over the closing levels of last week. One of the reasons for this positive rally is that FII have been coming back to Indian Stock Markets. The past week saw strong buying activity from foreign institutional investors (FIIs), wherein they pumped in a total of nearly Rs 13.5 bn. This is the highest figure recorded during the year. Inflation too saw 30 years record low at 0.26% as compared to 0.31% last week.
Other ...
