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1st December, 2009

December begins well.

December, a month that usually favors the bulls, has started off with a strong rally. Today, the Nifty closed at 5122, up 89 points. That's a good start. In the

29th November, 2009

Markets are still confused !

MARKETS Big declines on Friday saw the Nifty touch 4800, and then suddenly rally back to 4940. So what is the market telling us? Does it say that the decline

26th November, 2009

Confused Markets

The Nifty remains in a  trading range between 5120 and 4920. The Index cannot remain inside such a narrow range for much longer. We have already seen two months of range

21st November, 2009

Volatile moves in a narrow range.

Friday's price action tells us that there is a lot of intra day volatility inside a narrow range. The Nifty is locked in a range between 4940 and 5080 for

17th November, 2009

The Great PSU share sale.

As per TV coverage, NTPC and SAIL share sale is likely to exceed Rs 30,000 crores this year. That is about US $6.5 billion. This is a lot of liquidity