The RBI has sold $1.93 billion in the forex spot market in January 2014, reveals their monthly bulletin for March. This has been offset partially by a $750 ...
The USDINR exchange rate went below Rs. 61 on Friday, which is a close below its 200 Day Moving Average, for the first time since Jun 2013. A 200DMA crossover ...
I’ve just realized I forgot to do the monthly move post for February. Not only has Feb been a good month for the markets with a 3% move, March till the 7th ...
Markets are at a new closing high. The Nifty ended on March 6 at 6401, which breaks through the last highs around this level, which were in 2008 and 2010. ...
India’s GDP release of last friday showed the December 2013 quarter growing at just 4.7% higher than December 2012. This is lower than the Q2 growth of 4.8%, ...
Nifty’s Earnings Per Share has now risen to 348, derived from it’s P/E ratio of 17.59. This gives us an EPS growth of just 7.9% over the previous year, ...
Wholesale Price Inflation in India for Jan 2014 came in at a low 5.05%, making everyone wonder what they are smoking. (Beedi’s perhaps, which has seen ...
CPI Inflation has eased to the lowest rate since Jan 2012, at 8.79%. The trend is definitely down and nearly all of it is due to the huge drop in food prices. ...
Trade data for April to January in FY 2014 shows a contraction in the trade deficit which while low, is not that much lower than earlier. In INR terms Exports ...
