Market Outlook (12 Feb 09)

After a short rally that ended at 9,958 in the week ended 2 January 2009, the Sensex has declined for about three weeks. The supports are at 8,915 and 8,701. The index had taken support at 8,915 in the week ended 21 November 2008 and at 8,701 in the week ended 24 October 2008. The 8,700 level is important, as the violation of this level on a weekly basis would show that the larger bear ...

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  • Sugar-coated
    Sugar production is likely to fall by over 30% to 18 million tonnes in the current season (October 2008 – September 2009) from 26.4 million tonnes recorded during the corresponding period last year. A drop in recovery as well as the acreage under cultivation has prompted a re-statement of the expected quantity of sugar production. Even if the stock carried over from last year...
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  • Build, Buy or Partner?

    There are three reasons why alliances are a must for any company in the global marketplace: “shrinking product life cycles, anytime/anywhere communications and customer expectations,” asserts the author. With that statement, he suggests three ways to make them work – build the right framework, prepare your organisation and forge relationships based on trust. But this is not easy because...

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