Blog Coverage Oct 24, 2008 Indian Stock Market, Bse Sensex Below 9000. It Close At 8701

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  • + guesteeec866 guesteeec866 7 months ago
    For the 28 weeks ended 10 September 2005, SUPERVALU Inc.’s revenues rose 1% to $10.53B. Net income fell 45% to $125M. Revenues reflect an increase in turnover from Retail Food and Supply Chain Services segments. Net income was offset by the absence of a $109.2M gain on sale of WinCo Foods, Inc. and an increase in selling & administrative expenses. The Company is engaged in the business of selling food and non food products.vvvvv
  • + guesteeec866 guesteeec866 7 months ago
    For the 28 weeks ended 10 September 2005, SUPERVALU Inc.’s revenues rose 1% to $10.53B. Net income fell 45% to $125M. Revenues reflect an increase in turnover from Retail Food and Supply Chain Services segments. Net income was offset by the absence of a $109.2M gain on sale of WinCo Foods, Inc. and an increase in selling & administrative expenses. The Company is engaged in the business of selling food and non food products.vvvvv
  • + guesta9e75 guesta9e75 10 months ago
    Hi Everyone,
    Year 2008 was one of the worst year for all people involved in IT sector and in stock market. In past, financial sector and IT sectors were among the major contributor in the country followed by Auto sector. But now these three sectors are struggling to recover from there losses.

    From investors point of view, we are considering it as an opportunity to make fortunes in Indian stock market. Only thing one has to do is to pick right stock at right time.

    There are many stocks available in the stock market which can be considered as virgin stock and are ready to blast any time. Now the question arises how to go for stock selection? Which stocks are to be picked and which are to be ignored at these levels.

    All investors can simply check Research report and can see why to buy or not.


    Regards
    SHARETIPSINFO TEAM
  • + IndianStockMarket IndianStockMarket 10 months ago
    This blog is really nice and informative. We are pleased to know this blog is really helping people. Its our pleasure to post comment on this useful blog created by webmaster.
    The major reason for the downfall of the stock market are:
    1. There are macro factors that affect a stock market. Big players in the market always invest lows and sell highs.
    2. With inflation going through the roof large investors may have moved from equities to commodities
    3. There’s also a latest fear that the Indian growth engine has taken a pause. Afterall if the GDP (industrial production) does not grow as expected, once cannot assign the same valuations to a stock

    Indian Stock Market
  • + guest4e02d guest4e02d 11 months ago
    Indian Stock Market Tips by Technical and Fundamental Analysis of NSE/BSE via SMS and Yahoo messenger
  • + sharetipsinfo ShareTipsInfo Com 11 months ago
    Hi,
    Mumbai bomb blast can be considered as one of the most horrible attack. Due to blast even Exchanges like Regards
    BSE and NSE are kept closed for one day.
    Now post attack we are getting news of resignations of various political leaders and officers. So is that another political move or there inner self is waking up??

    What you have to say about it??, Looks like some political move is there!!

    Now stock market will be affected by all political moves, though sentiments are not good but on technical charts market is quite bullish for very short term, still sentiments will effect Nifty movement. So all are advised to trade in small quantity and with strict stoploss till the picture is clear.


    Regards
    www.ShareTipsInfo.com Team

    Call at:-

    +91-9891655316
    +91-9899056796
    +91-9891890425

    On Yahoo Messenger: ShareTipsInfo@yahoo.com or ShareTipsInfo_1@yahoo.com

    On Google Talk: ShareTipsInfo1

    Mail at:-
    contact@sharetipsinfo.com
    sharetipsinfo@yahoo.com
    sharetipsinfo_1@yahoo.com
    sharetipsinfo@gmail.com
  • + sharetipsinfo ShareTipsInfo Com 11 months ago
    Hi,
    Mumbai bomb blast can be considered as one of the most horrible attack. Due to blast even Exchanges like Regards BSE and NSE are kept closed for one day.
    Now post attack we are getting news of resignations of various political leaders and officers. So is that another political move or there inner self is waking up??

    What you have to say about it??, Looks like some political move is there!!

    Now stock market will be affected by all political moves, though sentiments are not good but on technical charts market is quite bullish for very short term, still sentiments will effect Nifty movement. So all are advised to trade in small quantity and with strict stoploss till the picture is clear.


    Regards
    www.ShareTipsInfo.com Team

    Call at:-

    +91-9891655316
    +91-9899056796
    +91-9891890425

    On Yahoo Messenger: ShareTipsInfo@yahoo.com or ShareTipsInfo_1@yahoo.com

    On Google Talk: ShareTipsInfo1

    Mail at:-
    contact@sharetipsinfo.com
    sharetipsinfo@yahoo.com
    sharetipsinfo_1@yahoo.com
    sharetipsinfo@gmail.com
  • + guest6f4f44 guest6f4f44 11 months ago
    Investors are looking for a solid way to take advantage of a possible up spike in the NASDAQ exchange and the stock market as a whole. We are stepping away from our usual discussion of penny stocks and focusing on two Exchange Traded Funds (ETFs). www.speculatingStocks.com
  • + sharetipsinfo2 sharetipsinfo2 2 years ago
    Hi,
    Discipline is the key now if you are a trader or investor in the stock market. As all global markets including Indian stock market have become highly volatile because of which many investors and traders are burning there fingers. Still we suggest there are lot many opportunities which can let you earn a lot from stock market.
    We strongly advise everyone not to follow rumors and follow technical analysis.
    If you have any doubt, lets share it in this blog and it will help lot many other traders.


    free to ask us.


    Thanks

    Regards

    www.ShareTipsInfo.com Team

    Call at:-

    +91-9891655316
    +91-9899056796
    +91-9891890425

    On Yahoo Messenger: ShareTipsInfo@yahoo.com or ShareTipsInfo_1@yahoo.com

    On Google Talk: ShareTipsInfo1

    Mail at:-
    contact@sharetipsinfo.com
    sharetipsinfo@yahoo.com
    sharetipsinfo_1@yahoo.com
    sharetipsinfo@gmail.com
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Blog Coverage Oct 24, 2008 Indian Stock Market, Bse Sensex Below 9000. It Close At 8701 - Presentation Transcript

  1. Indian Stock Market, BSE Sensex below 9000. it close at 8701. After infusing Rs 1,85,000 crore liquidity into the banking system this month, RBI on Friday surprised the market by keeping its key rates unchanged in the mid-term review of annual monetary policy, which lowered economic growth projections to 7.5-8% for 2008-09. Soon after the RBI announced its credit policy, markets witnessed one of the worst trading sessions following meltdown in global markets on concerns of slowing global economy and recession. Sensex lost 1070.63 points to close at 8,701.07, down 10.96%. It is the lowest closing for Sensex since November 24, 2005. On the other hand, Nifty ended at 2584.00, down 12.20%. BSE Midcap closed 8.38 per cent lower and BSE Smallcap Index ended 7.66 per cent down. DLF (-23.96%), Ranbaxy Laboratories (-17.83%), Hindalco Industries (-17.82%), Tata Motors (-16.54%), Reliance Industries (-16.44%) and Mahindra & Mahindra (-16.04%) were the worst hit. None of the stocks in the 30-share index could survive the meltdown. Market breadth on BSE collapsed with 2322 declines against 260 advances. Market breadth was extremely negative on the BSE with 2322 declines and 260 advances. With the global commodity and oil prices cooling, the central bank kept the inflation projection unchanged at 7% by end-March but emphasised that inflation continued to be a matter of concern requiring constant “vigil.” Outlining the monetary measures, the policy said the benchmark bank rate has been kept unchanged at 6 per cent, repo rate at 8%, reverse repo at 6 per cent and CRR at 6.5%. This time, however, the more than 10 percent fall on Friday happened after noon so the lower circuit filter did not come into play only when the fall is 15 percent or more. “As far as I can remember this is the largest fall in percentage terms in recent history,” said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group. In percentage terms, the fall of the broader 50-share S&P CNX Nifty index of the National Stock Exchange (NSE) was even higher. The Nifty closed at 2584.00, down 359.15 points or 12.20 percent from its previous close Thursday at 2943.15 points. The BSE Mid Cap index finished at 3,095.68 points, down 283.04 points or 8.38 percent from its previous close Thursday at 3,378.72 points. The BSE Small Cap index closed at 3,661.83, down 303.87 points or 7.66 percent from its previous close Thursday at 3,965.70 points.

+ Jagannadham ThunuguntlaJagannadham Thunuguntla, 2 years ago

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