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Month: May 2012

5 / 5

The First Four Months: 13.5%

With a marginally negative return in April, the markets have still managed to keep a double digit return for 2012, with a 13.5% return YTD. And the Sensex: In ...

May 04, 2012

April 2012 Composite PMI Holds Up at 53.8

The April 2012 HSBC-Markit Purchasing Managers Index (PMI) Composite index for India comes in at 53.8, unchanged from last month. (The Manufacturing PMI was ...

May 04, 2012

Nifty Stuck Between 50 and 200 DMA

It’s been a while since I’ve done a snapshot, but the Nifty seems to be coiling in between the two big DMAs. (Daily Moving Averages) Even as the ...

May 03, 2012

April Manufacturing PMI at 54.9

HSBC-Markit’s Purchasing Manager’s Index (PMI) for April 2012 came in at 54.9, marginally higher than the 54.7 in March. PMI is a better indicator ...

May 02, 2012

Rupee Nears 53 a Dollar

The Indian rupee has started sliding again, going up to nearly Rs. 53 a dollar (RBI Reference rate). This is the highest the dollar has been since 4 Jan, and ...

May 02, 2012

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