Tuesday, May 22, 2012
 
 Exclusive Interviews
India still remains a good growth story
Dharmakirti Joshi, Chief Economist, CRISIL talks on various factors that have led to a depreciation in the rupee, its impact on the economy and the future of the rupee.
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Commoditisation of broking business has been good for investors
Having seen most of the ups and downs in the Indian financial services, Parag Parikh of PPFAS shares his insights on the present state of the broking industry.
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Markets Give Up Morning Gains
5/22/2012 Mid session update

The Indian markets have given up their morning gains and are trading in the red zone, with the Sensex and Nifty both down by 0.35%. Nifty is still trading below the 4900 levels, while the Sensex is holding the 16100 levels.

Markets Trading Higher
5/22/2012 Mid morning update

As expected in our morning updates, the Indian markets opened in the positive territory extending yesterday’s gains.

The Indian equity markets may extend yesterday’s gains and open positive. The SGX Nifty is trading up by 43 points at 4,925, indicating a gap up opening to the markets today.

Markets Move Nowhere, Nifty Holds 4900
5/21/2012 Post Market Update

The Indian markets gave up all the day’s gains and finally ended the day moving nowhere. The markets were at a high point of the day till noon but gave up all the gains in the last hour of trade.

Markets Remain Quiet, Nifty Holds 4900
5/21/2012 Mid Market Commentary

The Indian markets are holding their morning gains. At present, Sensex is trading higher 85 points while Nifty is up with 29 points. Nifty is holding the 4900 which is known as psychological mark.

Nifty Hovers Around 4900
5/21/2012 Mid morning update

As mentioned in our morning updates, Indian markets opened sideways in line with global cues. At present, both the indices are trading higher, with the Sensex up by 69 points to 16222 and nifty up by 22 points to 4914 points.

Indian equity markets may open sideways with a negative bias. The SGX Nifty is trading down by 9 points at 4889 indicating a flattish gap down opening to markets today.

The markets recovered from their initial fall today. The falling rupee was also seen recovering from the near 55 levels. A good financial performance by SBI has helped the lift the market sentiments.

Markets Recover On SBI Results
5/18/2012 Mid session update

After opening on weak note today, the Indian markets recovered all of their losses post the announcement of SBI's Q4 results, which came in better than the street's expectation. The Sensex and Nifty are both marginally up by 0.20%.

Markets Trading Down, Rupee At New Low
5/18/2012 Mid morning update

The markets have opened in the negative again today owing to the strong negative cues. The rupee has recorded a new low.

Indian equity markets give up yesterday’s marginal gains and open negative. The SGX Nifty is trading down by 85 points at 4757 indicating a gap down opening to markets today.

Markets Manage To Close In Gains
5/17/2012 Post market commentary

After yesterday’s disappointing performance by Indian equities, the markets gave investors a sigh of relief. Though the markets kept shedding few points every hours, they still managed to finish the day in positives.

The Indian markets have cut down some of their morning gains, but are still trading in the positive territory. The Spanish GDP data has come in negative, which has led to a negative opening  in the European markets.

Markets Open In Gains
5/17/2012 Mid morning update

The markets have opened in gains today following positive global cues. The Sensex is trading up 1.02% at 16194, while the Nifty is up 1.05% at 4909.

Indian equity markets cut back its losses and open positive. The SGX Nifty is trading up by 25 points at 4869 indicating a gap up opening to markets today.

Markets Down Over 1%, Tata Motors Down 7%
5/16/2012 Post market commentary

The falling rupee and renewed Euro zone worries have dragged the markets down by over 1% today. The shares of Tata Motors declined by 7% over flat global sales. For the first time in this calender year (after the rally), the Sensex came down below the 16000 mark.

Markets Below 16K, Rupee At All-Time Low
5/16/2012 Mid session update

The markets have further sunk in value, as the rupee stands at an all-time low now. The shares of Tata Motors are now down by nearly 7% from yesterday's closing value.

The markets have opened sharply down today in reaction to the political turmoil in Greece. The rupee is trading in its all-time low range, increasing the concerns.

Indian equity markets may give up its gains and open negative in line with weak global cues. The SGX Nifty is trading down by 66 points at 4867 indicating a gap down opening to markets today.

The markets opened in the negative zone today, and then continued to show strength through most part of the day, closing higher by almost 0.70%. Buying was seen in the markets, which helped them close on a positive note.

Markets Move Higher
5/15/2012 Mid session update

The Indian markets have finally seen some buying opportunity after being beaten down significantly in the past few trading sessions. The Sensex and Nifty are both recovering from their morning lows, trading up 0.72% and 0.64% respectively.

Markets Trading In Narrow Range
5/15/2012 Mid morning update

As mentioned in our morning update, the Indian markets opened negative in line with global cues. At present, both the indices are trading in a very narrow range, with the Sensex up 0.05% to levels of 16224, and Nifty trading marginally lower by 0.03% to levels of 4906.

Indian equity markets may open negative as the skeletons of the sovereign euro-debt crisis re-emerge to haunt the global economy. The SGX Nifty is trading down by 39 points at 4837 indicating a gap down opening to markets today.

Markets Close In Red, L&T Up After Q4 Results
5/14/2012 Post market commentary

The markets have shown a negative reaction to the Apr 2012 inflation numbers. The sentiment remained negative for the entire day.

Markets Wary On WPI Numbers, L&T Results
5/14/2012 Mid session update

The Indian markets have extended their morning losses on the back of weak global cues and the Wholesale Price Index (WPI) numbers announcement, which fueled negative sentiments among investors.

Copyright 2012 by DSIJ Pvt. Ltd.