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%)