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Nifty above 3450; IT, Bank, Oil, Power indices up 3-5%
the markets were witnessing huge buying interest on the back of uptrend in oil & gas, power, technology, banking, metal, realty, FMCG and select telecom stocks. Positive global cues were also supportive to our markets.
Heavyweights like Reliance Industries, ONGC, NTPC, Infosys, Bharti, ICICI Bank, TCS, Wipro, HUL, BHEL, SBI, HDFC and Reliance […]
Banking Sectors Down - An Overview
The markets had fallen sharply lower in trade yesterday, breaking a five-session rally. Banking stocks were under tremendous pressure and were among the worst it in trade yesterday.
Most Banks had touched their 52 week lows in the first week of March 2009 and since then these stocks rallied by an average of 20-30% led by […]
US Economic Data Better then Expect - Market Positive
U.S. markets Wednesday as rosy growth unexpected order-durable goods and sales of new homes have increased optimism that the country the ’s economy stabilized. Trade was volatile as demand low in an auction of the assembly offset from the U.S. treasury for a bit.
The Dow gained 89.94 points or 1.17% to close at 7.749.81. The […]
US Treasury Plan ride Banking Stocks rally
BSE Bankex rose nearly 6% in the opening bell. it Traded in 4575, up 249 points. The winner higher among sectoral indices of BSE. The Gainers include higher so the bank up nearly 10% and HDFC Bank up 7%.
The trigger: Rally in financial markets USA
The report compiled banking shares rally on the markets […]
