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Saturday, March 17, 2012

Budget Reactions


Budget Reactions

Budget Review - 2012-2013


Budget Review - 2012-2013

India Budget 2012-2013


India Budget 2012-2013

Budget Analysis


Budget Analysis

Budget Analysis - India


Budget Analysis - India

Union Budget Analysis - 2012-2013


Union Budget Analysis - 2012-2013

Budget Impact Analysis


Budget Impact Analysis

Budget Special - Get FREE recharge!


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Post Budget 2012-13


Post Budget 2012-13

All the Budget Reports and Analysis 2012 - 2013


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Budget Speech


Budget Speech

Union Budget Highlights


Union Budget Highlights

Union Budget 2012-2013


Union Budget 2012-2013

Post Budget Review


Post Budget Review

Budget Review Report


Budget Review Report

Post Budget Review 2012


Post Budget Review 2012

Budget Analysis


Budget Analysis

Nifty March 2012 futures at premium


Turnover surges

Nifty March 2012 futures were at 5334.55, at a premium of 16.65 points over spot closing of 5317.90. Turnover on NSE's futures & options (F&O) segment surged to Rs 216356.42 crore from Rs 124153.85 crore on Thursday, 15 March 2012.

State Bank of India (SBI) March 2012 futures were at 2225, at a premium compared to spot closing of 2218.10.

Tata Motors March 2012 futures were at 288, near spot closing of 286.55.

Market falls for fourth straight week


The key benchmark indices logged declines for the fourth consecutive week as Finance Minister Pranab Mukherjee's Union Budget 2012-13 failed to give any roadmap about the reform process and plans to revive the economy. The market rose on three of five trading sessions. Volatility was high as slew of events were lined up during the week.

The Sensex fell 37.04 points or 0.21% to 17,466.20 in the week ended Friday, 16 March 2012. The S&P CNX Nifty slipped 15.65 points or 0.29% to 5,317.90

Lowest closing level for Sensex, Nifty in more than one week


Key benchmark indices fell for the second straight day to reach their lowest closing level in more than one week after Finance Minister Pranab Mukherjee in Union Budget 2012-13 set only modest targets for trimming a ballooning fiscal deficit and as there was lack of any big-bang reform announcement in the Budget. Intraday volatility was high. The barometer index, BSE Sensex, shed 209.65 points or 1.19%, off about 400 points from the day's high and up close to 30 points from the day's low. The government forecast that the fiscal deficit will decline to 5.1% of gross domestic product next fiscal year from 5.9% in the current year.

From a recent high of 17,919.30, the BSE Sensex has lost 453.10 points or 2.52% in two trading sessions. The barometer index has fallen 286.48 points or 1.61% in March 2012 so far (till 16 March 2012). The index has surged 2011.28 points or 13.01% in calendar 2012 so far (till 16 March 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 2330.34 points or 15.39%. From a 52-week high of 19,811.14 on 6 April 2011, the Sensex has lost 2344.94 points or 11.83%.