IIP November Data Comes Worse Than Expected at 2.7%

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1. May 2011 industrial production growth has slow down, comes by 5.6% Industrial growth has slowed down in the month of May. Index of Industrial Production (IIP) has come in at 5.6% on a year-on-year basis. However, market participants has expected it to be at 8.6%. So...
2. Petrol Price Hike for the Second time in January India’s leading oil marketing companies (OMC) has hiked the petrol prices by Rs.2.54 from Saturday midnight. This is a second price in the month of January 2011. This price hike will worry the markets participants...
3. Nifty Futures Must Find Support near 4800 level and Consolidation is more Likely from These Levels, Sharp up move not Expected Nifty futures was unable to break below the 4800 level, hence found strong support there and we are expecting some sharp pull back starting with short covering and profit booking, this rally must be irrespective...
4. RBI Hikes Interest Rates Today 26 July 2011, REPO and Reverse REPO Hiked by 50 bps, Banking stocks down The Reserve Bank of India (RBI) has hiked its key interest rates, repo and reverse repo rates by 50 bps (basis points). Market has expected the hike by 25 bps and this has given a...
5. Has Nifty Future Really Formed a Bottom for Long term Nifty future has bounced after the correction, hence forming an intermediate bottom, in such case traders need not look at technical analysis. Fundamental analysis will give you with a much clearer picture, currently inflation has...