Posted on April 08, 2011
Equitymaster submits:
After starting firmly in the positive, the benchmark indices in the Indian stock market shed most of the early gains and ended the session in the negative today. The BSE-Sensex closed with a decline of around 140 points (0.7%). The NSE-Nifty lost 41 points (0.7%). The smaller indices lost some momentum, after seeing gains over the past few days. The BSE Midcap and BSE Small cap both closed lower by 1.3% and 1.4% respectively. The overall market breadth was also negative, with almost 2 stocks declining for every one that advanced.
FMCG and consumer goods stocks managed to stay afloat. But, stocks in the realty and auto space drove markets lower. Most major Asian stock markets closed in the positive today, with Japan also being the top gainer despite another earthquake scare last night. Europe is trading positive. The rupee was seen trading at Rs 44.1 to the dollar at
Complete Story »
Posted on April 07, 2011
Equitymaster submits:
Although the Indian stock markets did go into the positive during the closing stages, they could not hold on to the gains for long and eventually ended the day marginally in the negative. Thus, while BSE-Sensex closed with a decline in the region of 20 points, NSE-Nifty lost a meager 6 points. BSE Midcap and BSE Small cap indices hogged the limelight yet again, going up by 1% each. On the Sensex, three stocks fell for every two that ended in the positive.
While most Asian stock markets closed in the positive today, Europe is trading largely in the negative currently. The rupee was seen trading at Rs 44.2 to the dollar at the time of writing.
With investors lapping up most of the cheap large cap stocks over the past couple of months, the attention seems to have now shifted to mid and small caps. It should be noted
Complete Story »
Posted on April 06, 2011
Greentech Media submits:
By Eric Wesoff
In light of the presumed slowdown of the European solar markets due to declining feed-in tariffs, the global solar industry is training its gaze on other growth markets: the U.S., China and India, as well as Ontario, Canada and Gainesville, Florida.
The U.S. is a prime target today. With a healthy utility sector and regional policies that make the country more than just a two-state game (those two states being California, and New Jersey), the U.S. could double to two gigawatts in 2011. There is a large pipeline of solar projects in the
Complete Story »
Posted on April 06, 2011
Equitymaster submits:
The benchmark indices in the Indian stock market opened in the positive today. However as the session progressed, they moved into negative territory. Mid-session, the indices managed to come off their day’s lows. However, a negative closing could not be avoided and the markets ended the trading session in the red. The BSE-Sensex traded lower by around 106 points (0.5%) whereas NSE-Nifty closed lower by 20 points (0.4%). BSE Midcap and BSE Small cap indices on the other hand had a better outing, bucking the trend and closing higher by 0.4% and 0.8% respectively. The market breadth still remained positive with the advance to decline ratio on the Sensex being in favor of the former.
Asian indices closed mixed today, with China seeing some strong gains while Europe is trading in the green currently. Rupee was trading at Rs 44.2 to the dollar at the time of writing.
Bank stocks
Complete Story »
Posted on April 06, 2011
Equitymaster submits:
The benchmark indices in the Indian stock market opened in the positive today. However as the session progressed, they moved into negative territory. Mid-session, the indices managed to come off their day’s lows. However, a negative closing could not be avoided and the markets ended the trading session in the red. The BSE-Sensex traded lower by around 106 points (0.5%) whereas NSE-Nifty closed lower by 20 points (0.4%). BSE Midcap and BSE Small cap indices on the other hand had a better outing, bucking the trend and closing higher by 0.4% and 0.8% respectively. The market breadth still remained positive with the advance to decline ratio on the Sensex being in favor of the former.
Asian indices closed mixed today, with China seeing some strong gains while Europe is trading in the green currently. Rupee was trading at Rs 44.2 to the dollar at the time of writing.
Bank stocks
Complete Story »
Posted on April 06, 2011
Ketan Desai submits:
A lot has been made of India’s demographic divide. In short, the theory is that with a younger working population of approximately 700 million, India has a low dependency ratio of 0.6. By 2030, the ratio will be just 0.4, which means that there will be ten workers for every four dependent on them. The low dependency ratio increases productivity while decreasing expenses such as medical care, retirement expenses, etc of the elderly.
While there is some truth to that theory, there are also plenty of pitfalls. To illustrate the pitfalls, India released the results of its census last week. India added 181 million people over the past decade, a growth rate of 17% . While the growth rate is slowing down, the fact remains that India added the equivalent of the population of Brazil in just 10 years. Are all these people a blessing or a curse?
A lot
Complete Story »
Posted on April 05, 2011
Equitymaster submits:
The Indian stock market indices managed to come off the day’s lows during the closing stages. However, a negative closing could not be avoided and the markets ended the day marginally in the red. BSE-Sensex edged lower by around 30 points whereas NSE-Nifty had a flat ending today. BSE Mid Cap and BSE Small Cap indices on the other hand had a good day in office today and closed higher in the region of 1% each. Advance to decline ratio on the Sensex was in favou of the latter with there being three declines for every two stocks that advanced.
Asian indices closed mixed today while Europe was trading in the red. The rupee was trading at Rs 44.4 to the dollar at the time of writing.
Looks like the indices seem to be taking a breather right now against a backdrop of strong gains in the past few trading
Complete Story »
