VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
Market summary.pptx 10-01-12
1. To simplify the knowledge of Savings, Investments and Trading.
Attend our webinar session conducted on every Sunday from 11:00 a.m
to 1:00 p.m. Visit www.ifmaonline.com
Market ended the day at one month high due to strong cues, which
was further bolstered by Moody’s rating for India’s Short term
foreign currency rating
Sensex rallied 350.37 points to 16,165.09 points on BSE while Nifty
gained 106.75 points to 4,849.55 points on NSE.
Moody upgraded India’s short term foreign currency rating from
speculative to investment grade.
The overall market sentiment was further blazed by smart earning
of IndusInd bank, which had beat market expectations.
Indusbank has posted a net profit of Rs.206 crore, an increase of 35%
in the third quarter ended December 2011 as compared to Rs.154 cr in
the corresponding period of the previous year
2. All the sectoral indices were ended the day on green
note. Of which, Realty and capital goods sectors were
the outperformers of the day, gained 3.5-4%
Banking sector stocks soared more than 3% on hopes
of rate cutting from central bank. SBI stocks were up
3.93%, ICICI were up 3.85%
Mahindra and Mahindra, hindalco, Jindal
steel, Larsen & Turbo, Reliance Industries were
gained 4-5.9%
Foreign Direct Investment in India was increased by
56% to $2.53 billion in November 2011 as compared to
$1.62 billion received in the corresponding period of the
last year.
The overall breadth was positive, 2,137 shares were
advanced and 671 shares were declined
3. Asian markets were closed on positive note as
investors were cheered up by the minutes of
Global leaders meeting.
Indian rupee was up 80 paise to Rs.51.70 per
dollar on Tuesday due to persistent inflows of
foreign fund in the stock market.
French and German leaders urged Greece to
restructure debt to bring fiscal union
German chancellor Merkel raised hopes to find
solution for prolonged European debt crisis at
the end of Janurary.
4. Crude futures were up $1.39 to $102.70 per barrel during the
early trade in New York
Gold futures were soared $25 to $1,633 an ounce as weak
dollar lured buying in the global market.
Dollar edged lower as euro demand increased in the global
market
-----------------------------------------------
For any kind of financial training, contact 044-32983431/
gunapriya@indiafinancebazaar.com. Visit us at
www.ifmaonline.com, To Keep you updated with daily market
news, visit www.indiafinancebazaar.com
For students, we provide tailor made financial training upon
the college request. Contact
gunapriya@indiafinancebazaar.com for further details or call
us at 044-32973431