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Sunday, September 12, 2010
Weekly Technical Analysis - Sep 12 2010
Taking cues from global markets, the Sensex and the Nifty moved from strength to strength during this holiday-shortened week. The Bombay Stock Exchange benchmark index, Sensex, touched a high of 18,823.17 and finally settled at 18,800, a gain of 3.2 per cent (578 points).
Saturday, September 11, 2010
Monsoon may extend well into next month
Japanese researchers have maintained the outlook for prevailing strong La Nina conditions to reach a peak during the following winter.
The La Nina would be long-lasting and could persist until early 2012, according to Dr Jing-Jia Luo, Senior Scientist at the Climate Variation Predictability and Applicability Research Programme at Tokyo's Research Institute for Global Change (RIGC).
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