The finance minister has done the impossible. Nobody expected much from the Budget. Even so, the Budget he presented send the stockmarket reeling. What stocks should you buy now? – Analysis by Debashis Basu & Shailendra Lotlikar
The Budget has done nothing to improve market sentiment. Between the close of trading on 28th February and 7th March the Sensex was down 1,849 points (10%). Indeed,...
Extreme price volatility has probably forced chairman CB Bhave to get cracking on market reforms immediately after taking charge at the Securities and Exchange Board of India (SEBI). Fortunately, Mr Bhave knows the organisation and the capital market so there was no time-loss while he figured out the system.
Bringing qualified institutional buyers (QIBs) on par with retail investors and...
We had earlier suggested that the important support levels for the Sensex were 17,000-17,500 and then at 15,500. At the time of
writing, it had already fallen below this level; now keep your eye on whether it closes above 15,500 for the week-ended 21 March 2008. The trendline that connects 6,154 (week-ended 29 April 2005), 7,685 (week-ended 28 October 2005), 9,810 (week-ended 9 June ...
