INR opens 49.96 , stocks 7 sessions rise in a row 1st time in 1.5 years , 1trillion in cash , INFOSYS RESULT
US RETAILS disappoints , sends US shares down , Oil slips on demand forecast , CU recovers 40% in year , Goldman issues stocks.
SEE – SAW M&M & Lupin invest in Research , Appolo reduces budget Aditya Birla Group sees overhaul , Satyam to be RENAMED
Rupee
INR is expected to stay near 1-½ month highs...
Q4FY09 is likely to be a sequentially better quarter for India, in terms of overall real growth. Strong consumption growth remained intact during the quarter with the positive impact of GOI’s VI Pay Commission and reduction in the trade deficit as compared to the previous quarters. As Q4FY09 results are approaching, we have following expectations for different sectors and companies.
Automobiles
During the...