Daily Market Preview
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DAILY MARKET PREVIEW SEPTEMBER 23, 2009
• The key benchmark indices may open lower on weak Asia. Investors may take home some cash after indices surged to their 16 month high.
• Volatility may be the order of the day for next two days as trader’s rollover Derivatives contracts from September 2009 series to October 2009 series ahead of the expiry of [...] -
DAILY MARKET PREVIEW SEPTEMBER 18, 2009
• The key benchmark indices may snap last three days gains on weak Asia. India’s weak annual monsoon so far this year may further dent investor sentiment.
• After a strong revival since 15 August 2009, rains weakened again last week. The South West monsoon rains were 41 % below average in the week to 16 [...] -
DAILY MARKET PREVIEW SEPTEMBER 17, 2009
• The key benchmark indices may extend last two days gains on positive Asia after US surged on encouraging economic data. Investors will keenly watch India’s wholesale price index (WPI) data in the year to 5 September 2009 to be announced by the government today. The annual rate of inflation fell 0.12% in the year [...]
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MARKET PREVIEW SEPTEMBER 15, 2009
International News:
• The U.S. Treasury Department and Citigroup Inc. have begun discussing how to sell the 34 percent stake that the government acquired in the rescue of the bank, people familiar with the matter said. The Treasury, which owns about 7.69 billion common shares after a recent stock conversion designed to shore up the bank’s [...] -
MARKET PREVIEW SEPTEMBER 14, 2009
Bajaj Hindusthan Ltd (BHL) hopes to more than double the capacity utilisation of its mills in the ensuing 2009-10 season (October-September) following the execution of contracts for import of seven lakh tonnes (lt) of raw sugar. During the 2008-09 season, BHL’s 14 mills – including four of its 75 % owned subsidiary, Bajaj Hindusthan Sugar [...]
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MARKET PREVIEW SEPTEMBER 11, 2009
The Indian market is likely to open positive on positive global and Asian cues. After a gap-up opening, the Indian market pared early gains and ended modestly up on Thursday, as traders took profits at higher levels following gains in the past four sessions. On the BSE
