It is an alarming situation when the entire world is fighting with this historical economic crisis; inflation is adding additional pressure on government as well as consumers. Major contributor of this whopping hike in inflation is food inflation at present context. Mismatch between demand and supply worldwide created chaos and sent prices of many commodities at multi year highs.
According to the latest data, food...
Now, when everyone is saying that Indian markets are over stretched and are trading on a higher P/E band, the hundred million dollar question is that will our markets be able to end the year on a positive note? At the current mark of 17,000, Sensex is trading at a P/E of 21. While comparing it with the historical average i.e. 16x, it surely looks expensive. But, this is on account of EPS of Sensex and Nifty, which...
INR @ 48.13 falls on Asian Stocks, Yields may ease as US debt 3Y auction sails through, Market – No major impact on liquidity due to CMBs. IIP set to rise 3rd month in a row Reuters Poll ,Stocks weak on overseas cues and rains. All eyes on FOMC , US wholesale inventories fall , Analyst warms about Banks , China factory output below expectation sends commodity block currencies lower , Oil slips as US Gov....
INR may gain on FII fall on $ strength, Yields to fall as Gov. says cancelled auction not to be included in this week , 10Y sees 7.13% , Rain plays spoil sport stocks melt.
US lost 247,000 jobs in July best month since Aug 08: $ RISES ON GOOD NEWS??? , S&P, FTSE, Nikkei all see 10M Highs. Gold retreats as ECB limits gold sales but inflation hedge may add shine.
PFRDA No limit , launch on 1st Dec, RBI to be...
INR @ 48.57 on oil demand and stock market sentiment r , WPI may be negative 1.46 %REUTERS POLL , HLL , Tata Steel , Reliance disappoint , Chinese Markets send scare.Chinese bank may stem lending , China Stocks fall 5% , Oil slips 6% on inventory surge , Cu falls on Chinese demand
INR
INR @ 48.57 dropped to fresh one-week lows on Thursday as mostly weak regional stocks raised concerns about the outlook for the...