*Weekly Update 29 Jan, 2010 by Tanmay G Purohit* Nifty has closed down 3.06% or 154points week-on-week and it has hit fresh 11-week low at 4766 which was a crucial support and it has been able to hold on to that very well. Results season for Q3 is getting over and for 1467 companies announcing results so far Sales growth has been 11.8% while Profits have grown 38%. Nifty has fallen more than 6% in Jan'10 and this correction in markets has brought Nifty P/E back to 21 which was above 23 to start this year.
Read whole update:- http://tanmaygopal.blogspot.com/2010/01/weekly-update-29-jan-2010-by-tanmay-g.html -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
