ENVIRONMENTAL BASE NETWORK

The Meta-Forum of Environmental Forums


You are not connected. Please login or register

Indian stock market Intraday outlooks

View previous topic View next topic Go down  Message [Page 1 of 1]

1 Indian stock market Intraday outlooks on Fri Jul 12, 2013 2:19 am

The S&P BSE Sensex pared some of the early gains and was hovering near 19,800 levels and the CNX NSE Nifty cross 6000.0 levels which is last 3 month high. According to analysts, the market is concerned whether the Reserve Bank of India will cut interest rates to promote growth.

The recent comments from the Governor Subbarao on inflation and weak rupee suggest that the central bank may not cut rate this month.
Today the June IIP and CPI data will be release, according to market acceptation June IIP may be near to 1.4 per cent while CPI may near to 9.3 per cent.

View user profile

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum