For Intraday calls and levels for 13-04-2009, click here, Intraday Technicals
: 13-04-2009
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Weekly Update : Equities this Week 13-04-2009
Posted: 12 Apr 2009 09:54 AM PDT
Last week there was a splendid performance on gain by indices, Sensex moved
higher by 4.4% while Nifty shoot up 4.08%. The most interesting thing was,
market traded for 3 day and in all individual session it closed in positive
territory even if it opened lower. The G-20 summit decision to spend USD 1
trillion [...]
Zimbabwe suspends its own currency, legalised foreign currency circulation
Posted: 12 Apr 2009 04:23 AM PDT
HARARE: The Zimbabwean government has decided to suspend the country’s national
currency for a year, which has in fact already disappeared from circulation,
state-run media reported Sunday. "The Zimbabwe dollar will be out for at least
a year ….because there is nothing to support and hold its value," Economic
Planning Minister Elton Mangoma told the [...]
FDI to India drops to USD 1.49 bn in Feb`09
Posted: 12 Apr 2009 03:52 AM PDT
New Delhi : Foreign direct investment (FDI) to India dropped to USD 1.49
billion in February, 2009 from USD 5.67 billion a year ago.
Despite over 73% year-on-year drop in inflows in February, the FDI for the
11-month period of fiscal 2008-09 has aggregated to USD 25.38 billion. It was
USD 24.57 billion in the [...]
The Satyam Saga : Coming to End or going for a new Start
Posted: 11 Apr 2009 10:54 PM PDT
Hyderabad : On Monday, distressed fraud hit company Satyam Computer Services
(SCS) would come to end when a the government approved interim board will
announce the new owner of the company. But this doesn’t mean that the sprit of
satyam will end, this could be translated into a positive thing that this will
help the distressed [...]
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