The dollar index has been rising from the last one month and seems to be heading higher. The stock market is inversely correlated to the dollar index. If dollar index starts falling from here, then we can see a good really in the stock market.
Bharat Forge, a steel forging and general engineering company, posted good results in Q3 FY10. The net sales rose 14% and the net profit was up at Rs.38 cr. as against Rs.4.3...
Posted by
vineet on Dec 23rd, 2008 in
Metal,
Steel |
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Current Scenario
1. Indian economy growing @ 8 to 9 %, is one of the fastest growing economies in the world.
2. Industrial prodn. showing encouraging trends. Index of industrial production for Capital goods is growing @ 8.4% CAGR and growth in index for consumer durables was @10.5% CAGR during 2005-06.
3. The 10th plan investment in infrastructure has been envisaged at around Rs.880,550 crores.
4. The major sector...