Budget Disappoints: INR Weak, (49) Stocks Tumble- Borrowing above forecast at 3.62 Trillion, Deficit 5.5% of GDP could go to 6% Vs target of 2.5%, No credit off take, Yields run away 25BP , OMO & MSS give hope, Dollex Rises.
US Holiday, OIL & CU SLIP, Honda Rises on Insight (Hybrid Car), JP Shares hit 3m low, Lloyds issues profit warning
IIFCL to lend to banks at 7.45%, Air India to ground planes , LIC...
INR strengthens on stocks, IIP contracts lays basis for rate cut, Bonds down on borrowing and SDL auction, Cash Plenty.
Obama subsidy on troubled mortgages sends cheer in market , Oil and metals continue slide.
FDI in Real Estate?, DLF quits WB, Big TV says no to IPL
Rupee
INR rose on Friday supported by firm Asian stock markets and the USD’s weakness against some regional currencies. INR was at 48.74/75...
INR opens weaker on Asian Stocks, Govt Aide says 460 billion of additional borrowing , REUTERS FORECAST inflation 4.43 , IIP at 1.3
Gold Shines , US Stimulus cheers west but disappoints Asia OIL Slips and Slips 4% more
Rumors of ICICI top guard changing, PNB Chairman tipped to be Deputy Guv., DLF Slow down , EPFO may size Subiksha , Tata may sell property, Primal may be sold to Glaxo, Reliance Infatel to sell stake...
INR weaker on US stimulus, RBI says will buy Gsecs in auction yields fall, Stocks open lower. Cash a plenty
US stimulus long promises low specifics, Fed no buy back of Sec. : Global markets in a tailspin. OIL FALLS 5%
Wokhardt promoters 40% holding pledged, DLF on borrowing spree, CBI in Satyam
Rupee
INR at 48.83 lower than Wednesday, tracking the USD’s strength against other major currencies and losses...
INR opens weaker, RBI ED says call to be targeted in Repo corridor, Stocks to be up on GDP and Stimulus News, Gsecs sink on supply.
Coca Cola and Pepsi see slowdown, US Stimulus postponed to Tuesday, Cu rises on hope Oil slips on Gloom, US BAD bank to take toxic assets?
SEBI scanner on pledged promoter shares, M&M to make planes, PSU banks package to bail out domestic export auto industry
Rupee
Ø INR...