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IT_Bulls
Joined on : 30th-Sep-2007
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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....
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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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19 Aug 2008 01:00
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Dollar is at Rs 43.72 now...
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18 Aug 2008 13:01
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Dollar has touched 43.5 now; if dollar remains at this level for a weeks time then you will see all IT stocks up by atleast 15 - 20 percent.

Buying another company is the only way to expand quickly and Tata Motors investors will reap benefits in a year....
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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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18 Aug 2008 04:04
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US dollar is at Rs 43.5 level. Likely to go upto Rs 46 levels - JP Morgan....
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18 Aug 2008 04:02
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Light sweet crude for September delivery fell .34 to 1.67 a barrel on the New York Mercantile Exchange, after earlier falling to 1.34. This means RPL can start accumulating crude at lower levels now and sell at higher levels later when dollar touches Rs 45 by December....
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  BSE NSE
Price 157.60 157.70
Change -2.41% -2.44%
Vol. 4351626 7554966