Thursday, June 17, 2010

NEWS FLASH ( STOCK MARKET )

SENSEX was like GO GREEN yeasterday.

The BSE Sensex could pause Today after climbing more than 5 percent over six straight sessions, with mixed Asian markets providing little clear direction.

Europe faces almost inevitable recession next year and years of stagnation as policymakers’ response to the Eurozone crisis causes a downward spiral, billionaire investor George Soros said on Tuesday. 

FOR MORE STOCK NEWS & FREE STOCK TIPS CLICK HERE

The Rupee hit its highest level in four weeks in afternoon trade, tracking gains in the domestic sharemarket on the back of a return in risk appetite globally and also boosted by gains in other regional peers. At 1410 hrs, the partially convertible rupee was at 46.38/39 per dollar, after hitting 46.2850, its strongest since May 20 and stronger than Tuesday's close of 46.55/56. 

The precious metals today were on the upswing with Silver rising by Rs 100 per kg and GOLD shot up by Rs 140 per ten gm on good demand from stockists and firm global advice.

Oil prices eased in Asian trade today as stock markets weakened and investors booked profits following a surge above USD 78 a barrel,

No comments:

Real Time Analytics