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Thursday, October 27, 2011

Ramesh Damani - Grab stocks this Diwali


The mood is euphoric as Indian market opens for a brief session of Mahurat trading. However, there are whispers that the ECB meeting announcement tonight might just spoil the Diwali mood. Despite the concerns in the global markets, some experts are hopeful on Indian market.

Ramesh Damani, Member BSE is optimistic and bullish on market. In CNBC-TV18's special show Mahurat Trading, Damani says that the worst has got the market the bit of value that is emerging for investors because stocks have been sold away and they are fairly cheap.



Rakesh Jhunjhunwala - Worst Trading Year - CNBC Interview


Billionaire investor Rakesh Jhunjhunwala, who's often referred to as India's Warren Buffett, says, the financial year 2012 has been, so far, the worst trading year of his life.

However, he is not giving up hope. He still believes that the market is in a corrective phase of a long-term bull run.

In an interview to CNBC-TV18’s Udayan Mukherjee, the big bull of Dalal Street says, although the market is showing strength, he has had the worst trading financial year of his life starting from April. And that’s what makes him cautious or confused. “I still don’t think that there is a clear picture. I think we will still have to wait for events to unfold.”



Reliance Industries Ltd


Reliance Industries Ltd

Idea Cellular


Idea Cellular

NTPC


NTPC

Union Bank of India


Union Bank of India

Engineers India


Engineers India

Suzlon Energy


Suzlon Energy

Federal Bank Ltd


Federal Bank Ltd

RBI Rate Hike


RBI Rate Hike

Crude shoots up


Prices rise despite stocks slipping considerably at Wall Street

Crude prices ended substantially higher on Tuesday, 25 October at Nymex. Prices rose despite US stocks slipping considerably on Tuesday. Prices shot up following better than expected data in the manufacturing zone out of China earlier this week.

SGX Nifty Live Update - Oct 27 2011


5250.75 -35.75 (-0.68%)