Losing streak continue on the d-street, last week Nifty 50 spot index closed below psychological level of 5000. It made a low of 4836.70 which confirmed negative biasness.A combination of various factor such as rising macro challenges , policy paralysis , uncertainty related to foreign taxation(GAAR), monsoon expectation, the Spain debt crisis and muted threat […]
Indian equities were volatile in this week because of F&O expiry and finally markets lost the ground and closed negative @ 5190.60 down by 1.9% as compared to previous week. This week markets opened on a lower note and the down trend continued during the whole week. Nifty 50 Spot index took support at 5154.30 […]
Looks like inflation is slowly and gradually on the decrease. Headline inflation fell to 7.47% from 9.11% in December, 2011 as measured by Wholesale Price Index (WPI). It is expected that these values will still fall to 6-7% by the end of this fiscal year, March 2012. Though food inflation declined to 3.36% by the […]
