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Second biggest fall, Markets down by >5% - 3/Mar
2008-03-03 04:58:53
The Indian stock markets (and other markets around the world) had a very bad day today. The Sensex closed 900.84 points (5.12%) down at 16,677.88 and Nifty closed 270.50 points (5.18%) at 4,953.00.... ...
Read more: Second , Markets

India Budget 2008 Update
2008-02-29 03:05:24
Highlights of the budget (green for positive, red for negative): Govt proposes debt waiver and relief for Small and marginal farmers. Complete loan waiver for small framers with holdings upto 2... ...
Read more: India , Update

Markets end in deep red, IPO Update - 6/Feb
2008-02-06 06:17:24
The Indian stock markets had a bad day just like the other Asian markets and ended in deep red. The Sensex was down 523.67 points (2.81%) at 18,139.49 and Nifty was down 161.35 points (2.94%) at... ...
Read more: Update , Markets

Markets end flat - 5/Feb
2008-02-05 05:59:21
The Indian stock markets ended flat today in a day of volatility - the Sensex closed 2.84 points (0.02%) up at 18,663.16 and Nifty closed 20.40 points (0.37%) up at 5,483.90. In the Asian markets,... ...
Read more: Markets

Markets Flat, Current IPOs battered - 5/Feb
2008-02-05 03:28:36
The Indian stock markets are currently trading flat - the Sensex is 5.33 points up and the Nifty is 19.80 points up. But there is a fair bit of volatility in the markets now. The Asian markets closed... ...
Read more: Current , Markets

Press release on 25% 'public' holding
2008-02-04 08:05:11
A recent press release by the finance ministry has suggested that it would be mandatory for any listed company to have at least 25% 'public' holding of its shares to remain listed. The key here is... ...
Read more: Press

Markets close higher - 2/Feb
2008-02-04 06:33:56
The Indian stock markets managed a strong close, though the close was off the day's high. The Sensex was up 417.74 points (2.29%) at 18,660.32 and Nifty was up 146.25 points (2.75%) at 5,463.50. In... ...
Read more: Markets

Indian, Asian markets up - 4/Feb
2008-02-04 00:15:54
The Indian as well as other Asian stock markets are trading well into the positive. The Sensex is up 488.79 points (2.68%) at 18,731.37 and Nifty is up 172.65 points (3.25%) at 5,489.90. In the Asian... ...


Markets end week on a high note but close lower as compared to previous week - 1/Feb
2008-02-01 06:12:05
The Indian stock markets ended the week on a positive note - the Sensex jumped 593.87 points (3.36%) to close at 18,242.58 and Nifty went up 179.80 points (3.50%) to close at 5,317.25. But as... ...
Read more: Markets

Future Cap trading 16% up, markets up - 1/Feb
2008-01-31 23:11:23
Future Capital Holdings debuted today in the stock exchanges - the first IPO to list in 2008. It had a decent opening. As against the IPO price of Rs. 765.00, it is now trading at Rs. 894.10, a gain... ...
Read more: Future

Markets close in red after volatile trade - 31/Jan
2008-01-31 06:56:42
The Indian stock markets closed in the red after volatile trade, primarily due to F&O maturity today. The markets started the day on a low, then was trading in the positive in the afternoon... ...
Read more: Markets

Fed cuts rates by 50bps, Indian markets down
2008-01-30 23:40:35
The Fed cut the Fed funds rate by 50bps again yesterday to 3%. This makes it the lowest since Jun/05. This makes it a 125bps reduction in less than 10 days. It has also cut the discount rate by... ...


RBI leaves rates unchanged in monetary policy - 29/Jan
2008-01-29 07:00:14
The Reserve Bank of India has announced the monetary policy and they have kept all rates (bank rate, repo rate, reverse repo rate and CRR) unchanged. The GDP growth is expected to be 8.50% and though... ...
Read more: leaves

Market ends flat, loses gains after monetary policy announcement - 29/Jan
2008-01-29 06:15:25
The Indian stock markets ended on a flat to negative note. The Sensex was down 60.84 points (0.34%) at 18,091.34 and Nifty was up 6.70 points (0.13%) at 5,280.80. The Sensex actually hit an intraday... ...
Read more: gains , Market

Markets recover but end in red - 28/Jan
2008-01-28 06:56:26
The Indian stock markets started the day in deep red but managed to recoup some of its losses to end with a modest decline. The Sensex lost 208.88 points (1.14%) to close at 18,152.78 and Nifty lost... ...
Read more: recover , Markets

Markets recover but end in red - 28/Jan
2008-01-28 06:56:10
The Indian stock markets started the day in deep red but managed to recoup some of its losses to end with a modest decline. The Sensex lost 208.88 points (1.14%) to close at 18,152.78 and Nifty lost... ...
Read more: recover , Markets

Record point gain in Sensex, volatile week of trade
2008-01-25 06:02:37
The Indian stock markets - for that matter, the stock markets across the world - had a crazy week. If you compare the markets closing this week as compared to the previous week, the Sensex lost 3.43%... ...
Read more: point , Record

Markets up 5% - 25/Jan 12:15pm
2008-01-25 00:55:04
The Indian stock markets are trading in the positive - the Sensex is up 864.38 points (5.02%) at 18,086.12 and Nifty is up 276.40 points (5.49%) at 5,309.85. In the Asian markets, Nikkei is up 4.10%,... ...
Read more: Markets

Market ends in deep red, Soc Gen fraud - 23/Jan
2008-01-24 06:49:28
The Indian stock markets started on a positive note based on global cues but failed to sustain initial gains and finally ended quite in the red. The table below gives the status of important indices... ...
Read more: fraud , Market

Markets in deep red after strong opening - 24/Jan 1300hrs
2008-01-24 01:53:28
The Indian stock markets opened strong but have lost all the gains and are trading in the negative now. The Sensex is down 332.63 points (1.89%) at 17,261.44 and Nifty is down 125.95 points (2.42%)... ...
Read more: Markets

Markets bounce back - 23/Jan
2008-01-23 07:19:29
The Indian stock markets bounced back today on the back of strong performance by Asian markets, essentially driven (in sentiment more than anything else) by yesterday's Fed rate cut. The table below... ...
Read more: Markets

Sensex records biggest ever point gain - 23/Jan 1330hrs
2008-01-23 02:23:32
The Indian stock markets have notched up the biggest intraday point gain. The Sensex is up 1,184.91 points (7.08%) at 17,914.85 and Nifty is up 375.50 points (7.66%) at 5,274.80. In the Asian... ...


Sensex up 1.5%, Nifty up 2.4% - 23/Jan
2008-01-22 23:29:22
The Indian stock markets are trading in the positive now - the Sensex is up 239.79 points (1.43%) at 16,969.73 and Nifty is up 115.05 points (2.35%) at 5,014.35. The Asian markets are also trading... ...


Fed cuts rates by 75bps
2008-01-22 07:55:15
The Fed cut the Federal funds rate (the rate that banks charge each other for overnight loans) by 75 bps to 3.50% from 4.25%. This decision has been taken after an emergency call amongst Fed... ...


Sensex down 17.59%, Nifty down 20.26% this year - 22/Jan
2008-01-22 06:42:53
The Indian stock markets ended the day on a reasonably good note given the things that happened intraday. The session opened with invocation of lower circuit, trading was suspended, and when the... ...


High Inflation, Slow Growth - What Will The Government/RBI Do?
2008-03-31 03:21:12
The Wholesale Price Index (WPI) inflation number for the week of 15th Mar came out at 6.68%, crossing the 6% mark sooner than analysts' expectations. In two weeks, the WPI inflation has gone up by... ...
Read more: Inflation , Growth , Government

Derivative losses in Indian Companies - a background and the way forward
2008-04-10 01:50:35
The Institute of Chartered Accountants of India (ICAI) has recently ruled that companies should disclose and provide for derivative losses in their profit and loss accounts for the financial year... ...
Read more: Companies , background

Market marginally up, how to fight against inflation?
2008-04-16 08:58:30
The markets opened on a firm note but ended with marginal gains. The Sensex was up 0.56% (90.53 points) to close at 16,244.19 and Nifty was up 0.16% (7.65 points) to close at 4,887.30. The good news... ...
Read more: Market , fight , against

RBI hikes CRR by 50bps in two stages
2008-04-17 11:02:52
The RBI announced a CRR hike of 50bps from 7.5% to 8% in two stages. The first 25bps increase would be effective 26/Apr and the second 25bps increase would be effective 10/May. This would suck out... ...


Market makes merry due to low inflation (?), but is it sustainable?
2008-04-17 07:54:13
The Indian stock markets closed higher today. The Sensex was up 237.01 points (1.46%) to close at 16,481.20 and Nifty was up 71.10 points (1.45%) to close at 4,958.40. What cheered the markets... ...
Read more: Market , makes

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