“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
India E News Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
India's News May 22, 2009 Key Indian Market Index Has Steepest Jump In 17 YearsJagannadham Thunuguntla
"Markets were clearly excited by the smooth manner in which the Congress-led coalition regained power. Investors know the allies won't be able to arm-twist the government as they had done in the past," said SMC Capitals equity head Jagannadham Thunuguntla.
India E News Mar 28, 2009 Indian Equities End Week On A High As Global Cues S...Jagannadham Thunuguntla
“This might sound pessimistic but sadly, the rally is not sustainable. I wish it was a permanent recovery, but it’s not,” said Jagannadham Thunguntula, equity head at SMC Capitals.
“The futures and options closing helped push the Sensex upwards and global cues helped, but markets are still being driven by speculation rather than any sound investment strategy,” he added.
“They will soon fall back,” Thunguntula contended.
HWI's mechanical engineering team has broad experience in mechanical design across many industries. They use advanced tools like 3D modeling, finite element analysis, and dynamics analysis to develop innovative, manufacturable product designs from idea to realization. Their concurrent engineering approach integrates mechanical design with other disciplines. HWI's mechanical engineers leverage their expertise in areas such as structural design, electro-mechanical systems, electronics packaging, and custom prototyping to provide evaluative contributions that improve product designs.
Smart list in facebook use user info to group user in lists. This tooks provides example how often is better to check how things connect with each than analizing things isolated
The narrator had worked as a florist since high school and was happy in that job. They decided to study to become an art teacher, which required leaving their home and job to travel to England for university. After a couple months studying abroad, they hated being away from their home and family. The big decision was to leave university, return home, and resume their previous job as a florist, which they have not regretted.
India E News Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
India's News May 22, 2009 Key Indian Market Index Has Steepest Jump In 17 YearsJagannadham Thunuguntla
"Markets were clearly excited by the smooth manner in which the Congress-led coalition regained power. Investors know the allies won't be able to arm-twist the government as they had done in the past," said SMC Capitals equity head Jagannadham Thunuguntla.
India E News Mar 28, 2009 Indian Equities End Week On A High As Global Cues S...Jagannadham Thunuguntla
“This might sound pessimistic but sadly, the rally is not sustainable. I wish it was a permanent recovery, but it’s not,” said Jagannadham Thunguntula, equity head at SMC Capitals.
“The futures and options closing helped push the Sensex upwards and global cues helped, but markets are still being driven by speculation rather than any sound investment strategy,” he added.
“They will soon fall back,” Thunguntula contended.
HWI's mechanical engineering team has broad experience in mechanical design across many industries. They use advanced tools like 3D modeling, finite element analysis, and dynamics analysis to develop innovative, manufacturable product designs from idea to realization. Their concurrent engineering approach integrates mechanical design with other disciplines. HWI's mechanical engineers leverage their expertise in areas such as structural design, electro-mechanical systems, electronics packaging, and custom prototyping to provide evaluative contributions that improve product designs.
Smart list in facebook use user info to group user in lists. This tooks provides example how often is better to check how things connect with each than analizing things isolated
The narrator had worked as a florist since high school and was happy in that job. They decided to study to become an art teacher, which required leaving their home and job to travel to England for university. After a couple months studying abroad, they hated being away from their home and family. The big decision was to leave university, return home, and resume their previous job as a florist, which they have not regretted.
India E News May 22, 2009 Key Indian Market Index Has Steepest Jump In 17 YearsJagannadham Thunuguntla
"Markets were clearly excited by the smooth manner in which the Congress-led coalition regained power. Investors know the allies won't be able to arm-twist the government as they had done in the past," said SMC Capitals equity head Jagannadham Thunuguntla.
SME Times August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Two Circle August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Mont...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Silicon India August 1, 2009 Corporate India, Global Cues Push Sensex To 13 M...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Sulekha August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month HighJagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
AOL News August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month ...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
India Forums August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Mo...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Sify News August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Latest News August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Mon...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Newstrack August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Andhra Vilas August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Mo...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
India E News May 22, 2009 Key Indian Market Index Has Steepest Jump In 17 YearsJagannadham Thunuguntla
"Markets were clearly excited by the smooth manner in which the Congress-led coalition regained power. Investors know the allies won't be able to arm-twist the government as they had done in the past," said SMC Capitals equity head Jagannadham Thunuguntla.
SME Times August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Two Circle August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Mont...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Silicon India August 1, 2009 Corporate India, Global Cues Push Sensex To 13 M...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Sulekha August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month HighJagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
AOL News August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month ...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
India Forums August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Mo...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Sify News August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Latest News August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Mon...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Newstrack August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Andhra Vilas August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Mo...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Similar to Daily Times India Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 Points (11)
Discovering Delhi - India's Cultural Capital.pptxcosmo-soil
Delhi, the heartbeat of India, offers a rich blend of history, culture, and modernity. From iconic landmarks like the Red Fort to bustling commercial hubs and vibrant culinary scenes, Delhi's real estate landscape is dynamic and diverse. Discover the essence of India's capital, where tradition meets innovation.
Navigating Your Financial Future: Comprehensive Planning with Mike Baumannmikebaumannfinancial
Learn how financial planner Mike Baumann helps individuals and families articulate their financial aspirations and develop tailored plans. This presentation delves into budgeting, investment strategies, retirement planning, tax optimization, and the importance of ongoing plan adjustments.
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Explore the world of investments with an in-depth comparison of the stock market and real estate. Understand their fundamentals, risks, returns, and diversification strategies to make informed financial decisions that align with your goals.
Budgeting as a Control Tool in Government Accounting in Nigeria
Being a Paper Presented at the Nigerian Maritime Administration and Safety Agency (NIMASA) Budget Office Staff at Sojourner Hotel, GRA, Ikeja Lagos on Saturday 8th June, 2024.
How to Invest in Cryptocurrency for Beginners: A Complete GuideDaniel
Cryptocurrency is digital money that operates independently of a central authority, utilizing cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies are decentralized and typically operate on a technology called blockchain. Each cryptocurrency transaction is recorded on a public ledger, ensuring transparency and security.
Cryptocurrencies can be used for various purposes, including online purchases, investment opportunities, and as a means of transferring value globally without the need for intermediaries like banks.
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
Singapore 2024 Sustainability Reporting and Accountancy Education Slides
Daily Times India Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 Points
1. Sensex rises for 13 consecutive weeks, adds 478 points
June 6th, 2009
Mumbai, June 6 (IANS) The bulls kept on going for the 13th consecutive week - the longest rally since
August 2005 - with a key index adding 3.27 percent from last week amid expectations that the
government would push through key reforms.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) rose for the 13th
consecutive week, adding 3.27 percent or 478.3 points over the previous Friday’s close and ended
trade at 15,103.55.
The broader S&P CNX Nifty of the National Stock Exchange (NSE) aped the Sensex, logging a 3.1
percent increase from its last close to end at 4,448.95 points.
The Sensex hit an intra-week high of 15,257 points and low of 14,602, while the Nifty hit an intra-
week high of 4,637 points and low of 4,450.
The broader market indices did a lot better, with BSE’s midcap index closing 6.98 percent higher than
its previous weekly close, while the BSE smallcap index was up 7.88 percent.
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is
imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said
SMC Capitals equity head Jagannadham Thunuguntla.
“About one in five stocks have risen more than 50 percent during this rally and the Sensex has risen
around 75 percent from its lows during these two and a half months or so. There will be a correction
soon,” Thunuguntla told IANS.
Data with the markets watchdog, Securities and Exchange Board of India (SEBI), showed that foreign
funds were net buyers during the week, having lapped up scrips worth $427 million.
“Foreign funds actually have not many places to go. Where will they invest?,” added Thunuguntla.
Sensex started the week with a bang, adding to its previous week’s gains to shut shop at its nine-
month high as investors continued to buy scrips across sectors.
The Sensex, which opened at 14,746.51 points, ended at 14,840.63 points - 215.38 points or 1.47
percent above Friday’s close.
2. The Nifty followed the Sensex to end in the green, rising 1.82 percent to 4,529.9 points.
Tuesday saw Sensex dipping into the red as profit booking kicked in. However, buoyed by some last
minute buying, it managed to crawl above Monday’s closing figure. At end of trade, Sensex was at
14,874.91 points - 34.28 points or 0.23 percent higher than its last close.
Though the Nifty followed the Sensex, it could not manage to end in positive terrain, shedding a
marginal 0.08 percent to shut shop at 4,526.5 points.
Sensex breached the 15,000-mark in intra-day trading Wednesday, but closed on a flat note after its
key stocks came under selling pressure.
It ended at 14,870.9 points - 4.01 points or 0.03 percent below Tuesday’s close.
The Nifty similarly traded flat, ending trade at 4,530.7 point, a marginal gain of 0.12 percent over its
last close.
Broader benchmark indices however remained firm.
After ruling in the red for most of the day, Sensex fought its way back into the green Thursday to
close above the 15,000-mark - the first time since Sep 2, 2008. It ended at 15,008.68 points - 137.78
points or 0.93 percent above its previous close.
Nifty aped the Sensex, ending trade at 4,572.65 points, reflecting a gain of 0.93 percent.
Friday saw the Sensex end trade on a 94 point rise at 15,103.55 points - 0.63 percent above its last
close. The Nifty did not match the Sensex’s gains and closed at 4,586.9 points, a marginal gain of
0.31 percent.
The top gainers in the Sensex included Grasim (up 19.5 percent), Tata Motors (up 15.5 percent), Tata
Steel (up 14.4 percent), Ambuja Cements (up 12.4 percent) and HDFC (up 11.3 percent).
Among losers were Reliance Infra (down 3.6 percent), SBI (down 2.7 percent), Reliance Industries
(down 2.6 percent) and HDFC Bank Ltd (down 1.8 percent).