The markets began rallying when RaghuramRajan took over as the new RBI governor. This rally led to short covering and some sharp FII inflows as well. The rally had a blow off on Tuesday when we reopened after an extended weekend on account of Ganesh Chaturthi and the Syrian crisis being partially resolved. The rally […]
Posts Tagged ‘NSEL’
Markets, NSEL and RaghuramRajan
September 16th, 2013
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Markets, NSEL and Rupee
August 27th, 2013
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Markets have made a new low for the calendar year 2013 on Thursday the 22nd of August. The new lows were 17,759 on the SENSEX and 5,249 on the NIFTY. The previous lows were in April 2013 and the values were 18,144 and 5,477 respectively. Whenever the markets bounce from new lows the resultant rally […]
NSEL – Unregulated Exchange in serious crisis
August 19th, 2013
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NSEL or the National Spot Exchange Limited is an unregulated exchange. SEBI or FMC have no jurisdiction over it and as a result of the same investors funds to the extent of Rs 5,600 crs are stuck and to a large extent gone. FMC or the forward markets commission regulates commodities markets while SEBI regulates […]
