Petrol Price Hike by Rs.2.96 per Litre, From Tuesday Midnight

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1. 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...
2. Petrol Price Hiked by Rs.7.50 per liter, Diesel no change Today the Oil marketing companies such as HPCL, BPCL and IOC has hiked petrol price by Rs.6.28 per liter, which will become effective from midnight 24-05-2012 i.e from Thursday, when included sales tax price hike stands at...
3. RBI January Credit Policy Announced, CRR Cut by 50 bps Other Interest Rates Same Reserve Bank of India (RBI) keeps the interest rates unchanged today on January Credit policy but it has cut CRR (cash reserve ratio) by 50 bps (basis points), this will infuse liquidity in the banking...
4. Indian Rupee Depreciating, Hinting Short Selling in Nifty Futures Ahead INR (Indian Rupee) has been depreciating from last 2 quarters, from 46 to 54 level IT sector was enjoying this gain, but Oil and Gas companies were suffering and were unable to pass the extra...
5. Nifty Futures: Support Resistance Level For 17 January 2011 Nifty futures saw a negative breakdown of 5700 level, heading towards 5631 level. We now have negative outlook in nifty, we see we can correct towards 5515 level or even 5466 level. The major negative...