India Equity Analysis, Reports, Recommendations, Stock Tips and more!
Search Now
Recommendations
Tuesday, November 23, 2010
Markets may witness a weak start
The Indian markets are expected to open on a negative note as the world markets remain nervous after Moody's said a bailout of Ireland may pose a 'credit negative' for the country
Headlines for the day:
Tata Chemicals enters customised fertiliser biz
Godrej talking to Israeli firms for dairy foray
Jubilant Energy plans $85-million share sale
Crude stays low
Prices slip due to rising dollar
Crude prices ended lower on Monday, 22 November 2010 at Nymex. Prices fell as the dollar rose and on demand concerns.
Market may edge lower on weak Asian stocks
Weak global stocks may pull the market down after Monday's near 2% gains. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicate that the Nifty could slide 53.50 points at the opening bell. Asian shares were down Tuesday as investors continued to worry over Europe's debt crisis. Volatility may remain high as traders roll over positions in the derivatives segment from the near-month November 2010 series to December 2010 ahead of the expiry of the November 2010 futures & options (F&O) contracts on Thursday, 25 November 2010.
Subscribe to:
Posts (Atom)