Global Markets
1. S&P500 rose 4.9% in Q1; best quarter since 1998 S&P chart
2. Dow flirts with 11000 Dow chart
3. 10-year Treasury note yield rose to 4% Monday for the first time in 18 months: Important psychology level breached in the backdrop of strong economic data
4. Crude on a 18 month high crude chart
5. Dollar remains bumpy but bullish Dollex chart
Economy
6. FinMin pitched for imparting fresh impetus: Economic recovery to quickly revert to the 9% growth rate & cross double digit growth barrier
7. Food inflation woes continue: Food price index rose an annual 16.35% in the same period, above the previous week's reading of 16.22%
8. FDIs to participate in divestment? Finance Ministry advisers have made a case for allowing FDIs in the retail sector and selling Govt. equity in company’s to be divested
Indian Markets
9. Nifty and Sensex make a 2 year high Nifty chart
10. FIIs and DIIs have different perspectives: FIIs were net buyers for the quarter JFM ’10 by pumping in Rs. 20,500 crs; DIIs were net sellers by taking away Rs. 5,800 cr
11. Quarter results of companies to come in early: SEBI instructs companies to announce quarterly results within 45 days
Sectors
12. All bidders qualify for 3G,broadband spectrum auction: 'Eligibility points' to determine contenders ability
13. Steel & Iron Ore price hike announced: Hike likely by INR 3000 a tonne and additional 10% respectively from April on back of spike in input costs
14. Bankers see 22% growth in credit this fiscal: To decide on interest rate hikes after monetary policy
15. Infra to stay in limelight: Private Sector to bring $500bn for Infra, during the 12th plan
Stocks
16. Welspun Gujarat likely to buy stake in Saudi company for INR 2.6bn WelGuj chart
17. Religare picks up 5.12% stake in Fame;purchases 20.24 lakh shares on behalf of clients Religare chart
18. Country Club India plans to raise upto INR 5.5bn ($125mn) thru issue of shares. Country club chart
19. Aegis Logistics acquires Shell Gas India
Quotes
20. "Fear is the foe of the faddist, but the friend of the fundamentalist" - Warren Buffett
No comments:
Post a Comment