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20 Aug 2008 16:06
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Dollar at Rs 43.85 - RBI is minting money now.
What would you advice the exporter to wait for, would you advice the people to wait until Rs 44 per dollar?
A: There is a chance that Rs 44 per dollar can be seen. We don’t think RBI is defending any levels now but it will continue to sell dollars and probably the amounts will go up as we go higher....
What would you advice the exporter to wait for, would you advice the people to wait until Rs 44 per dollar?
A: There is a chance that Rs 44 per dollar can be seen. We don’t think RBI is defending any levels now but it will continue to sell dollars and probably the amounts will go up as we go higher....
19 Aug 2008 01:02
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Oil prices declined slightly after briefly jumping above $115 per barrel as Tropical Storm Fay approached Florida, but appeared unlikely to disrupt installations in the Gulf of Mexico. Light, sweet crude fell 57 cents to $113.20 a barrel on the New York Mercantile Exchange, after rising as high as $115.35.
Crude's retreat -- by last week it had fallen more than $35 from its record high of $147.27 set July 11 -- has given the stock market a boost over the past month.
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Crude's retreat -- by last week it had fallen more than $35 from its record high of $147.27 set July 11 -- has given the stock market a boost over the past month.
...
19 Aug 2008 01:00
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18 Aug 2008 13:01
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18 Aug 2008 05:18
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A couple of leading brokers, who returned from tours to the US, feel there is increasing optimism for Indian equities in the world’s largest investing community.
“There is good chance that one side of this big trade could be equities. In the last 15 days, top-end banks have risen 40-50%, while commodities are down 30%. This is essentially a big trade.”
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“There is good chance that one side of this big trade could be equities. In the last 15 days, top-end banks have risen 40-50%, while commodities are down 30%. This is essentially a big trade.”
...
18 Aug 2008 04:04
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18 Aug 2008 04:02
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