| PSU stocks gain as Sensex logs first weekly gain in three weeks | 07-NOV-09 |
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| The BSE Sensex climbed 0.6 per cent on Friday, posting its first weekly rise in the past three weeks, with banks leading the rebound as investors picked bargains after last month’s fall. Gains in global stocks after the US labour department said initial claims for state unemployment benefit had dropped to their lowest level since early January also underpinned the market. |
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| On a growth path | 02-NOV-09 |
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| Better realisations and demand scenario along with stable margins suggest that the going should be good for Wipro. |
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| Provisioning woes | 02-NOV-09 |
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| The recent monetary policy announcements pertaining to asset quality and inflation would put pressure on the profitability of banks in the medium term. |
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| Apollo Tyres: Volume push | 21-OCT-09 |
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| While the Indian and South African operations show good results, those in Europe require more work. |
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| Markets at a glance | 19-OCT-09 |
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| Postive cues from the global markets and a strong IIP boosted domestic sentiments and helped recoup losses of the previous week. IIP numbers came at 10.4 per cent, the highest in the last 22 months. The market crossed psychological levels of 17,000 and 5,000 for Sensex and Nifty, respectively. |
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| The return of optimism | 19-OCT-09 |
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| Even six months back, few would have predicted the strong rally in the Indian stock market that has seen the BSE Sensex rise 112 per cent from its low point of March 2009. Analysts in India usually look for the domestic drivers of such dramatic swings (improved corporate performance, sharp industrial recovery, etc). While these are relevant and indeed important, it should not be lost sight of that markets across the globe have recovered from the sharp fall last year that followed the breakout of the global financial crisis; last week the Dow crossed the 10,000 mark. The rebound in markets around the world has been driven primarily by the liquidity that central banks have been pumping into their respective economies. |
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| Nifty likely to face resistance at 5,300 | 02-OCT-09 |
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| Investors were reluctant to buy or sell aggressively today ahead of a closely-watched US job report on Friday. The trading volume in Nifty futures and options (F&O) suggested mere change of hands as buy- and sell-side traders were evenly matched. |
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| Sensex snaps seven-day rally | 01-SEP-09 |
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| After posting gains for seven consecutive days, the Sensex On Monday ended in the red, owing to profit booking and negative cues from the Asian markets. India’s gross domestic product (GDP) at 6.1 per cent in the first quarter of 2009-10 also failed to enthuse investor sentiment. |
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| Nifty crosses crucial 4,700 level | 29-AUG-09 |
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| Strong European cues on optimism that global economy will recover sooner than later lifted the key domestic indices from its day's low to a three-week high of 15,922.34 points. |
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| Markets at a glance | 24-AUG-09 |
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| The key benchmark indices were under pressure on concerns that a deficient monsoon could hurt growth numbers. Weakness in Chinese markets impacted domestic markets. Though the week started on a bearish note with major losses on Monday, a pull-back was seen during the second half of the week. |
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| Turning around? | 10-AUG-09 |
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| The recently concluded June 2009 quarter results have brought some cheer to the markets and were ahead of expectations on a few counts. As against the estimated decline of 7-15 per cent in earnings for the BSE Sensex companies, its aggregate reported profit after tax (PAT) was down 4.2 per cent. |
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