RBI Governor Raghuram Rajan delivered ahead of expectations and gave new life to the tired stock markets. His 50 basis point cut in Repo rates to a level of 6.75% which is the lowest level in four and half years was one of the options given to pollsters but not a probable one. The other […]
Posts Tagged ‘SENSEX’
RBI delivers and throws the challenge to industry
October 5th, 2015
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Excess Volatility – a sign of nervousness and therefore weakness
January 12th, 2015
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The markets last week were on tenterhooks and it appeared that they were sitting on a volcano. We had a terrible Tuesday and a terrific Thursday and Feel Fine Friday to end the week. Three day of fall was worth 979 points on the SENSEX and 293 points on NIFTY with terrible Tuesday accounting for […]
Iraq and rail hikes
June 23rd, 2014
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Iraq spooked the market and they have turned extremely volatile. A sharp rally on Tuesday was neutralised by a sharp fall on Wednesday. Markets ended weak and the SENSEX was down 0.49% and NIFTY down 0.41%. The week ahead sees June futures expire on Thursday. At the current close of 7,511 points, NIFTY is up […]
