"It is too premature to say there is a definite bullish trend in the market," said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group.
"Just too much has happened in the last two months and investors are still shell-shocked and trying to understand the state of the global economy."
He said although US markets surged Thursday, some key Asian markets have shed values Friday despite an interest rate cut Friday by the Japanese central bank to a near zero level of 0.3 percent from 0.5 percent earlier.
Thunuguntla, however, pointed out that bear market excesses are always followed by a sharp bounce-back and since the Indian equity markets have been in a 10-month long bear grip eroding share values by more than 50 per cent since markets peaked in January this year, some recovery is only to be expected.
Luis era um gerente de restaurante sempre de bom humor que motivava os funcionários. Ele acreditava que cada dia as pessoas escolhem como reagir às situações, e que atitude é tudo. Anos depois, quando foi baleado durante um assalto, Luis manteve sua atitude positiva, dizendo aos médicos que era alérgico a balas para que o operassem como um vivo, não como um morto.
Luis era um gerente de restaurante sempre de bom humor que motivava os funcionários. Ele acreditava que cada dia as pessoas escolhem como reagir às situações, e que atitude é tudo. Anos depois, quando foi baleado durante um assalto, Luis manteve sua atitude positiva, dizendo aos médicos que era alérgico a balas para que o operassem como um vivo, não como um morto.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
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May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
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"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
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Bombay News Nov 1, 2008 Battered Indian Equities Markets End Week In Green
1. Battered Indian equities markets end week in green
Bombay News.Net
Saturday 1st November, 2008 (IANS)
With Indian equities markets worshipping Lakshmi, the goddess of wealth, during Diwali this week, some wealth
returned to the battered markets with a key share index ending with a gain of 12.5 percent after losing more than 35
percent in the first three weeks of October.
The benchmark 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) ended the week Friday at
9,788.06, up 1,086.99 points or 12.5 percent from its close the previous Friday at 8,701.07.
Similarly, the broader-based 50-share S&P CNX Nifty index of the National Stock Exchange (NSE) finished the
week Friday at 2,885.60 points, up 301.6 points or 11.7 percent from its close Friday previous week at 2,584.00.
The BSE midcap ended Friday this week at 3,200.02 points, up 104.34 points or 3.4 percent from its close Friday
previous week at 3,095.68 points.
The BSE smallcap ended Friday this week at 3,765.11 points, up 103.28 points or 2.8 percent from its close Friday
previous week at 3,661.83 points.
The week, however, began disastrously with the Sensex hitting a three-year low in intra-day trading Monday falling
even below the 8,000 mark to 7,985.07 points before recovering somewhat to end the day at 8,509 points, down
191.51 points or 2.2 percent from its close previous Friday at 8,701.07 points.
At the NSE, the broader-based 50-share S&P CNX Nifty closed Monday at 2,524.2 points, down 59.8 points or
2.31 percent from its close Friday previous week at 2,584.00 points.
Tuesday happened to be Diwali and with brokers worshipping Lakshmi at the BSE, cheer returned to the markets and
the Sensex made a sharp U-turn to regain the psychologically important 9,000 mark after falling freely for the past
few trading sessions.
In special 'muhurat' trading Tuesday, marking the beginning of the Hindu Samvat calendar year 2065, the 30-share
Sensitive Index (Sensex) of the Bombay Stock exchange closed at 9,008.08 points, up 498.52 points or 5.86 percent.
The Nifty too ended 160.4 points or 6.3 percent higher at 2,684.6 points from its previous close Monday at 2,524.2
points.
Wednesday too saw the Sensex finish a tad higher at 9,044.51 points to post a marginal gain of 36.43 points, or 0.40
percent, over Tuesday's close.
At the National Stock Exchange (NSE), the broader S&P CNX Nifty ended Wednesday at 2,712.50 points, up
27.90 points or 1.04 percent from its previous close Tuesday at 2,684.6 points.
There was no trading Thursday as markets were closed on account of Hindu festival Bhai Duj.
After the bear market excesses of the last few weeks, Friday saw Indian equities markets really bounce back with the
Sensex closing with a gain of 743.55 points or 8.22 percent - the biggest single-day gain in recent weeks.
2. Markets opened strong Friday with the Sensex up more than 300 points over its previous close and rallied upward
throughout the day to finish at 9,788.06, up 743.55 points or 8.22 percent from its previous close Wednesday at
9,044.51 points.
Analysts were, however, cautious to point out that despite the upward rally, there is still little depth in the market as
investors continue to be jittery, especially now that the US has reported a contraction of its economy in the third
quarter raising fears of a recession in the world's largest economy.
The US Consumer Confidence Index announced Thursday was also at an all-time low and with the US being a
consumption-driven economy, analysts said a recession in the US economy is now a near certainty.
It is too premature to say there is a definite bullish trend in the market, said Jagannadham Thunuguntla, head of the
capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group.
Just too much has happened in the last two months and investors are still shell-shocked and trying to understand the
state of the global economy, Thunuguntla said.
He, however, pointed out that bear market excesses are always followed by a sharp bounce-back and since the
Indian equities markets have been in a 10-month long bear grip eroding share values by more than 50 percent since
markets peaked in Jan this year, some recovery is only to be expected.