$ rise ,INR goes beyond 50.10 , MS says 52-53 on BOP, TV says diesel cut minister says no, REUTERS’ POLL – WPI -3.3% , GDP 6.2%, 34,000 CR. Of borrowing till March, Repo 27,000+ CR. Yields harden, SGX Nifty -3 Flat.
US Stocks fall on housing data, Obama optimistic but not specific, Cu and Oil rebound on fall in inventories
Piramal may find buyer, RCom wants to borrow 13,000 Cr in 3M
Rupee
INR fell towards 50...
S&P changes outlook to –ve from stable, hits INR, banks, Govt. cuts excise (10% to 8%) & ST (12% to 10%) , Stocks rise but fears of more borrowing, estimated 300 bln. INR tax loss, Cash surplus 77,000 Cr+, Auctions in line give some relief.
Fed Speak: No nationalization committed to banking sector, markets recover partially on Fed Statement
DRL , exits China , Reality of Realty
Rupee
INR weakened on...
INR opens weaker 49.87, brief recovery on Profit Booking , USD weakness helps, Bonds Fall: RBI OMO bearish say dealers, Outsourcers up on INR weakness , stocks break even , Inflation 3.92%, RBI employees on strike
US Industrials , 6Y low , jobless benefits record high, Oil rises 14% on inventory fall, Germany steps in to help rest of Europe
NHAI single bids for roads , Kingfisher asked to settle dues.
Rupee
INR...
INR past 50, NDF, Asian currencies, Taiwan economy, Stocks . Bonds rally on Guv. Comments, OMO 6000 Cr in line. Nomura predicts cuts, Fri. RBI strike- Mon. Holiday 5 days LAF today, Stocks in hazy territory.
Obama package of $275 Billion for housing , Housing data disappoints , OIL slips inventories at 11Y high, Al lowest since 2002
PSU banks to get capital for capital adequacy?, Unitech cancels projects, Air...
INR free fall on NDF arbitrage, RBI sold $3.1 billion in Nov and only $318 million in Dec, Eastern EUR Recession, Yields rise on supply, OMO buy back announcement on Wed. after market.
Recession deepens in East Europe, US manufacturing recession is worsening, Gold Shines OIL Slips
DLF to sell company to PE, DLF Bangalore re launched, Federal Mogal to down size by 1900.
Rupee
INR dropped sharply to 2M lows on...