• Trading Account
  • Downloads
  • Nifty Options OI
    • Nifty Max Pain Chart
    • Nifty Option Change in OI Chart
    • Nifty Put Call Ratio
    • Nifty Option Total Change in OI
    • Nifty Trend Finder
  • BankNifty Option OI
  • About Us
  • Learn Technical Analysis
    • Advance Option Trading Course

OurNifty.com

A Indian Stock Market Blog

  • Forex
  • Gold
  • Intraday Stocks
  • Midcap Stocks
  • Multibagger
  • Nifty
  • Nifty Option
  • NSE
  • Amibroker

Indian Economy Grew at 8.9% in July-September 2010 Quarter (Q2)

By Bhaveek Patel Leave a Comment

The domestic equity markets settled higher today, tracking robust gross domestic product (GDP) data for the July-September 2010 quarter (Q2). The Indian economy expanded at 8.9% during Q2FY11 against the street expectations of around 8-8.5%. Though global cues were not very encouraging in trade today, but the markets managed to show smart recovery during the session after release of the GDP data. The BSE Sensex and the NSE Nifty regained the psychological levels of 19,500 and 5,850 respectively in trade today. With this the key indices have now inched higher for two sessions in a row. Intraday recovery was led by realty counters.

Share
Tweet
Pin
0 Shares

You Should Read This:

  1. Nifty Futures Technical Analysis and Fibonacci Retracement for Next Week 8 August 2011, Target 4800 level, S&P Downgrades US Economy It was last Friday which shocked the markets, as we have seen Non farming payroll (NFP) data being released. Also we saw S&P (Standard and poor’s) has downgraded the US economy from AAA rating to...
  2. Where Do We Expect Nifty Next Week (25-Oct-2010) Markets inched lower in past two trading sessions, this created a consolidation or range bound markets as broader indices are trading between 20 DMA and 50 DMA. We expect Nifty to take a strong support...
  3. Trading IIP Data Nifty Futures for 12 July 2011: sell below 5570 for Target 5508 Nifty futures is trading lower about 64 points, at 11:02 AM today. But the price action is suggesting some fresh selling just after the IIP number for MAY 2011 we saw very weak number from...
  4. Nifty Futures May Approach 5698 Level Next Week 28 March 2011 Markets ended this week on sharp recovery in broader markets as Nifty and Sensex both managed to close above their psychological mark. When we talk about nifty futures, it managed to close above its crucial...
  5. Nifty Future Support Resistance Levels For 23-Nov-2010 Nifty may open slightly lower today following global markets, we can see profit booking near 5970 level. However we may see more weakness in afternoon session, we suggest you to enter a sell position, as...

Category: NEWS Tags: GDP Data/ NEWS

About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post: Intraday Trading Analysis on EUR/USD: Sell EUR/USD Below 1.3115
Next Post: Nifty Futures Support Resistance Level For 1-December 2010

Advance Options Trading Course

options trading course

Lowest Brokerage Trading A/c

Lowest brokerage trading account opening in India

Learn Technical Analysis

technical analysis course

Recent Articles

  • ASX Penny Stocks List for 2025
  • 7 Ways to Boost Your Revenue
  • NYSE Penny Stocks List for 2025
  • Short On Cash? Here’s How You Can Manage Your Priority Spends
  • FREE Webinar on Option Chain Analysis
  • LSE Penny stocks list for trading in 2025 Should you buy?
  • BSE Penny Stocks List 2025

Popular Categories

Amibroker Finance Forex Gold Intraday Stocks IPO Midcap Stocks Multibagger NEWS Nifty Nifty Option NSE Results Short Term Stocks Technical Analysis

About Us | Contact Us | Privacy Policy | Disclaimer


Copyright © 2009 - 2025 OurNifty.com Trading ideas published here cannot be reproduced without permission from the author.
OurNifty is Powered by Wordpress and hosted on Digital Ocean