SLIDESHOW

Mkt parties on Rs 16K-cr FII money; banks, metals up 27% in 5 weeks

Fri, Feb 03, 2012 at 18:49

Source: Moneycontrol.com
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US MARKETS STEADY ON THUR AHEAD OF EMPLOYMENT REPORT


>Weekly jobless claims slightly better at 367k, down from 379k; market had expected 370K
>Noticeable improvement in continuing claims, fell to 3.4 mn - best since late-2008
>Federal Reserve Ben Bernanke defends loose policy: -
* Factors dampening investment, including uncertainty surrounding European bank woes might be waning
* But risks that developments in Europe or elsewhere may unfold unfavorably continue to be an overhang
* Economy still vulnerable, but spending, production and jobs have improved
>Greek negotiations continued, which stuck on wage and bonus payments to cut deficit