Foreign Institutional Investors (FIIs) welcome budget

The stock market investors, particularly FIIs, on Friday welcomed the Budget as much for its omissions as for its commissions. An intra-day gain of 420 points and a closing gain of 175 for the Sensex made for a happy picture with lots of green and few reds in the charts, in sharp contrast to the [...]

New product and category launches to boost revenue for Koutons: ShareKhan

Koutons Retail India New product and category launches to boost revenue Koutons Retail is an integrated apparel manufacturing and retail company in India. Positioned as a value retailer selling high-quality fashionable clothing at affordable prices, the company targets lower to middle income group. Koutons Retail operates through its four brands namely: Koutons, Charlie Outlaw, Les [...]

Morgan Stanley view on Indian and Global stock markets

Remain cautious on global economy, vulnerable to double dip; risky assets to be under periodic pressure; dollar could rally in short-term: Stephen Roach Stephen Roach of Morgan Stanley said that he remains cautious on global economy. He feels that the economy is vulnerable to double dip. Risky assets will be under periodic pressure. He feels [...]

Global tremors add to the Indian Stock Markets woes: ShareKhan

The first month of the new year was eventful for the market. Third quarter results (of good, bad and ugly varieties); some positive economic data flow; and monetary tightening by the central bank?the market was witness to all. The result season began on a good note with information technology companies reporting better than expected numbers [...]

Post market commentary 05/02/2010: ShareKhan

Eurozone bears on prowl After yesterday’s trample, bears continue beating Indian market on a worldwide sell-off on Eurozone fear. Global signals The European bourses hit the 10-week low after fresh worries over the global economy. At the time of writing this report FTSE 100 was down by 1.61%. All the Asian indices closed 1-3% lower. [...]

DOW slides 268 points, oil, and gold dive as well

Fears about the global economy and sovereign credit hammered stocks Thursday, causing the Dow Jones Industrial Average to briefly cross below 10,000 for its worst day since April. Other markets gyrated as well, with commodities reeling while Treasury prices and the dollar rallied as investors sought safety. The Dow average /quotes/comstock/10w!i:dji/delayed  (INDU  10,002, -268.29, -2.61%) [...]

Pace of FII selling could lead to a nasty fall in markets -Raamdeo Agrawal

Raamdeo Agrawal, Director & Co Founder, Motilal Oswal Financial Services said no major surprises were there in the current earning season. JLR & Corus will change Sensex FY11 EPS estimate. The pace of FII selling could lead to nasty fall in the markets. He further added that RBI’s GDP projection of 7.5% will go well [...]

Job creation top priority in 2010 -President Barack Obama

President Barack Obama renewed his pledge on Saturday to make job creation his top priority in 2010 but said it was also critical to rein in a record budget deficit that threatened an economic recovery. Obama used his weekly radio and Internet address to remind Americans of the various proposals he put forward in the [...]

Breach of 4700 levels can lead to further losses -CLSA

Laurence Balanco, Asian Technical Research at CLSA said that key support for Nifty is seen at 4650-4700. He feels that Nifty can test 4700 level. He also feels that the breach of 4650 will lead to further losses. Next support beyond 4700 is at 4000. He further said that Dollar Index can hit 83 mark. [...]

US Economic Growth Best in six years

The United States economy grew at its fastest pace in over six years at the end of 2009, but a sluggish job market is still souring economists on the sustainability of the recovery. Gross domestic product expanded at an annual rate of 5.7 percent in the fourth quarter, well above analysts’ expectations. It had grown [...]

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