Sensex UP by more than 800 points

• Author: Lalitha
• Filed under: BseIndia
• Date: Oct 31,2008

Sensex up by more than 800 points after it opened and now its almost maitianing that level , Most of the stocks are tradin in green , but not sure why those company which showed bad results are also in green like welspun and Suzlon energy .Sure the reason for the raise is global market and also some domestic economic news like inflation has come down to 10.6 or so .

CESC Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

CESC net profit rose 33.33 Percent to Rs 124.00 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 93.00 crore in qtr ending September 2007. Sales rose 4.66 Percent to Rs 764.00 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 730.00 crore in qtr ending September 2007.

KSK Energy Ventures Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

KSK Energy Ventures reports net profit of Rs 45.15 crore in Qtr ending September 2008 for the financial year 2008-2009. Sales reported to Rs 87.86 crore in Qtr ending September 2008 for the financial year 2008-2009.

Dabur India Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Dabur India net profit rose 18.12 Percent to Rs 106.96 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 90.55 crore in qtr ending September 2007. Sales rose 14.02 Percent to Rs 581.48 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 509.97 crore in qtr ending September 2007

Aban Offshore Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Aban Offshore net profit rose 72.29 Percent to Rs 81.34 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 47.21 crore in qtr ending September 2007. Sales rose 70.59 Percent to Rs 282.06 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 165.34 crore in qtr ending September 2007.

Bharat Petroleum Corporation Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Bharat Petroleum Corporation reports net loss of Rs 2625.27 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to net profit of Rs 1038.16 crore in qtr ending September 2007. Sales rose 50.28 Percent to Rs 37826.20 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 25170.37 crore in qtr ending September 2007.

Tata Chemicals Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Tata Chemicals net profit rose 51.39 Percent to Rs 215.80 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 142.55 crore in qtr ending September 2007. Sales rose 185.16 Percent to Rs 3606.52 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 1264.75 crore in qtr ending September 2007.

Jhunjhunwala Vanaspati Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Jhunjhunwala Vanaspati net profit rose 77.19 Percent to Rs 10.33 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 5.83 crore in qtr ending September 2007. Sales rose 45.04 Percent to Rs 387.61 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 267.24 crore in qtr ending September 2007.

Indian Metals & Ferro Alloys Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Indian Metals & Ferro Alloys net profit rose 653.72 Percent to Rs 72.96 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 9.68 crore in qtr ending September 2007. Sales rose 73.76 Percent to Rs 245.35 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 141.20 crore in qtr ending September 2007.

Jindal Steel & Power Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Jindal Steel & Power net profit rose 62.18 Percent to Rs 450.00 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 277.47 crore in qtr ending September 2007. Sales rose 74.63 Percent to Rs 2216.12 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 1269.04 crore in qtr ending September 2007.

Sun TV Network Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Sun TV Network net profit rose 35.12 Percent to Rs 108.31 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 80.16 crore in qtr ending September 2007. Sales rose 22.33 Percent to Rs 237.88 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 194.45 crore in qtr ending September 2007

Orchid Chemicals & Pharmaceuticals Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Orchid Chemicals & Pharmaceuticals reports net loss of Rs 40.66 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to net profit of Rs 63.27 crore in qtr ending September 2007. Sales rose 18.69 Percent to Rs 348.45 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 293.59 crore in qtr ending September 2007.

Oil & Natural Gas Corpn Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Oil & Natural Gas Corpn net profit declined 5.67 Percent to Rs 4808.41 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 5097.48 crore in qtr ending September 2007. Sales rose 12.93 Percent to Rs 17407.40 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 15413.92 crore in qtr ending September 2007.

BEML Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

BEML net profit rose 128.25 Percent to Rs 55.51 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 24.32 crore in qtr ending September 2007. Sales rose 29.19 Percent to Rs 613.89 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 475.19 crore in qtr ending September 2007.

Indian Overseas Bank Results for Qtr Ending September 2008-2009 results

• Author: Subramanian
• Filed under: Results
• Date: Oct 31,2008

Indian Overseas Bank net profit rose 12.30 Percent to Rs 359.02 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 319.70 crore in qtr ending September 2007. Total operating income rose 25.73 Percent to Rs 2427.03 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 1930.32 crore in qtr ending September 2007.

BGR Energy Systems Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

BGR Energy Systems net profit rose 47.79 Percent to Rs 23.69 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 16.03 crore in qtr ending September 2007. Sales rose 36.50 Percent to Rs 424.57 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 311.05 crore in qtr ending September 2007.

Bartronics India Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Bartronics India net profit rose 244.23 Percent to Rs 14.32 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 4.16 crore in qtr ending September 2007. Sales rose 250.17 Percent to Rs 100.99 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 28.84 crore in qtr ending September 2007.

EID Parry (India) reports Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

EID Parry (India) reports net profit of Rs 611.89 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to net loss of Rs 5.74 crore in qtr ending September 2007. Sales rose 68.92 Percent to Rs 272.86 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 161.53 crore in qtr ending September 2007.

Esab India Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Esab India net profit rose 31.99 Percent to Rs 18.07 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 13.69 crore in qtr ending September 2007. Sales rose 33.48 Percent to Rs 115.75 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 86.72 crore in qtr ending September 2007.

Welspun Gujarat Stahl Rohren Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Welspun Gujarat Stahl Rohren net profit declined 20.87 Percent to Rs 65.31 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 82.54 crore in qtr ending September 2007. Sales rose 60.19 Percent to Rs 1492.78 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 931.86 crore in qtr ending September 2007.

State Trading Corporation of India Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

State Trading Corporation of India net profit rose 70.88 Percent to Rs 18.13 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 10.61 crore in qtr ending September 2007. Sales rose 16.59 Percent to Rs 4119.43 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 3533.39 crore in qtr ending September 2007.

Matrix Laboratories Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Matrix Laboratories net profit rose 264.08 Percent to Rs 49.66 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 13.64 crore in qtr ending September 2007. Sales rose 56.76 Percent to Rs 334.25 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 213.23 crore in qtr ending September 2007.

Tele Data Informatics Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 31,2008

Tele Data Informatics net profit declined 50.66 Percent to Rs 43.35 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 87.86 crore in qtr ending September 2007. Sales declined 20.60 Percent to Rs 204.39 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 257.43 crore in qtr ending September 2007.

Religare Enterprise rights issue

• Author: Lalitha
• Filed under: Rights Issue
• Date: Oct 31,2008

Religare Enterprises,which is one of the many brokerage service that came out with ipo during the 2007
boom period is already planning with a rights issue for 1802 crore for 355 rs per share on rights basis
in the ratio of 2:3 at a price of Rs 355 per share.I dont understand one thing its market rate is at 325 rs now why would they prefer the rights issue if the rate is higher than the market rate.

Inflation for week ending october 18th at 10.68 percent

• Author: Lalitha
• Filed under: Inflation
• Date: Oct 30,2008

Inflation figure came out yesterday and it came down to 10.68 percent compared to 11.07 for the week before , This figure is for week ending October 18th 2008.Not sure how much it will be for last week of October , i hear all the vegetable price has gone up like anything we will see if our thinking is same.

Federal Reserve cut benchmark interest rate by half percent to 1 percent

• Author: Lalitha
• Filed under: World Market
• Date: Oct 30,2008

It was like 2.50 or so EST and its almost 12.28 IST thursday morning , just saw that the fed dint another cut in order to save US from prolonged recession but not sure how its going to save we have to see .But they know that when they dont do it it will erase 900 points gain that came in yesterday .The Federal Reserve cut its benchmark interest rate by half percent to stay at 1 percent and this is like 50 years match i think . If you see in the image below the total meltdown started in December and from that moment on they had been cutting cutting and cutting and they might not have anything to cut soon.

Carol Info Services Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 30,2008

Carol Info Services net profit rose 1950.00 Percent to Rs 63.96 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 3.12 crore in qtr ending September 2007. Sales rose 55.97 Percent to Rs 7.05 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 4.52 crore in qtr ending September 2007.

GMR Infrastructure Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 30,2008

GMR Infrastructure net profit rose 170.88 Percent to Rs 24.19 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 8.93 crore in qtr ending September 2007. Sales rose 158.54 Percent to Rs 40.72 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 15.75 crore in qtr ending September 2007.

Karur Vysya Bank Results for Qtr Ending September 2008-2009 results

• Author: Subramanian
• Filed under: Results
• Date: Oct 30,2008

Karur Vysya Bank net profit rose 43.38 Percent to Rs 62.24 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 43.41 crore in qtr ending September 2007. Total operating income rose 31.17 Percent to Rs 357.98 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 272.91 crore in qtr ending September 2007.

National Fertilizer Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

National Fertilizer net profit rose 42.81 Percent to Rs 57.34 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 40.15 crore in qtr ending September 2007. Sales rose 68.58 Percent to Rs 1817.96 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 1078.40 crore in qtr ending September 2007.

Tata Tea Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Tata Tea net profit rose 18.67 Percent to Rs 43.79 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 36.90 crore in qtr ending September 2007. Sales rose 14.31 Percent to Rs 324.32 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 283.72 crore in qtr ending September 2007.

Adhunik Metaliks Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Adhunik Metaliks net profit rose 15.69 Percent to Rs 23.81 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 20.58 crore in qtr ending September 2007. Sales rose 56.25 Percent to Rs 375.68 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 240.44 crore in qtr ending September 2007.

Anant Raj Industries Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Anant Raj Industries net profit rose 453.04 Percent to Rs 126.37 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 22.85 crore in qtr ending September 2007. Sales rose 367.83 Percent to Rs 156.21 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 33.39 crore in qtr ending September 2007.

Vakrangee Softwares Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Vakrangee Softwares net profit rose 50.55 Percent to Rs 19.18 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 12.74 crore in qtr ending September 2007. Sales rose 62.21 Percent to Rs 91.26 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 56.26 crore in qtr ending September 2007.

Blue Bird (India) Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Blue Bird (India) net profit rose 31.23 Percent to Rs 7.48 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 5.70 crore in qtr ending September 2007. Sales rose 20.23 Percent to Rs 135.48 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 112.68 crore in qtr ending September 2007.

Ind-Swift Laboratories Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Ind-Swift Laboratories net profit rose 45.14 Percent to Rs 10.45 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 7.20 crore in qtr ending September 2007. Sales rose 34.05 Percent to Rs 145.62 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 108.63 crore in qtr ending September 2007.

TIL Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

TIL net profit rose 49.02 Percent to Rs 9.12 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 6.12 crore in qtr ending September 2007. Sales rose 49.69 Percent to Rs 264.12 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 176.44 crore in qtr ending September 2007.

Sundaram Finance Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Sundaram Finance net profit declined 10.41 Percent to Rs 32.44 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 36.21 crore in qtr ending September 2007. Sales rose 16.19 Percent to Rs 264.17 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 227.37 crore in qtr ending September 2007.

Assam Company Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Assam Company net profit rose 91.98 Percent to Rs 24.65 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 12.84 crore in qtr ending September 2007. Sales rose 41.76 Percent to Rs 71.63 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 50.53 crore in qtr ending September 2007.

SPIC Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Southern Petrochemicals Industries Corporation reports net loss of Rs 83.37 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to net loss of Rs 77.01 crore in qtr ending September 2007. Sales declined 16.15 Percent to Rs 126.29 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 150.62 crore in qtr ending September 2007.

Titagarh Wagons Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Titagarh Wagons reports net profit of Rs 17.84 crore in Qtr ending September 2008 for the financial year 2008-2009. Sales reported to Rs 194.97 crore in Qtr ending September 2008 for the financial year 2008-2009.

Bharati Shipyard Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Bharati Shipyard net profit rose 28.78 Percent to Rs 33.16 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 25.75 crore in qtr ending September 2007. Sales rose 46.07 Percent to Rs 235.42 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 161.17 crore in qtr ending September 2007.

Consolidated Construction Consortium Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Consolidated Construction Consortium net profit declined 36.94 Percent to Rs 19.14 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 30.35 crore in qtr ending September 2007. Sales rose 21.94 Percent to Rs 467.10 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 383.06 crore in qtr ending September 2007.

Everonn Systems Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Everonn Systems India net profit rose 210.04 Percent to Rs 8.03 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 2.59 crore in qtr ending September 2007. Sales rose 49.30 Percent to Rs 33.95 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 22.74 crore in qtr ending September 2007.

Sahara One Media and Entertainment Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Sahara One Media and Entertainment net profit rose 1486.92 Percent to Rs 20.63 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 1.30 crore in qtr ending September 2007. Sales rose 67.87 Percent to Rs 98.86 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 58.89 crore in qtr ending September 2007.

Cairn India Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Cairn India reports net profit of Rs 81.44 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to net loss of Rs 8.39 crore in qtr ending September 2007. Sales rose 96.43 Percent to Rs 0.55 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 0.28 crore in qtr ending September 2007.

Divi’s Laboratories Results for Qtr Ending September 2008-2009 results

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Divi’s Laboratories net profit rose 50.88 Percent to Rs 137.68 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 91.25 crore in qtr ending September 2007. Sales rose 37.64 Percent to Rs 333.80 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 242.51 crore in qtr ending September 2007.

Bannari Amman Spinning Mills Results for Qtr Ending September 2008-2009 results Bannari Amman Spinning Mills net profit rose 40.15 Percent to Rs 9.32 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 6.65 crore in qtr ending September 2007. Sales rose 45.67 Percent to Rs 76.23 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 52.33 crore in qtr ending September 2007.

• Author: kalyan
• Filed under: Results
• Date: Oct 29,2008

Bannari Amman Spinning Mills net profit rose 40.15 Percent to Rs 9.32 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 6.65 crore in qtr ending September 2007. Sales rose 45.67 Percent to Rs 76.23 crore in Qtr ending September 2008 for the financial year 2008-2009 compared to Rs 52.33 crore in qtr ending September 2007.

Dow jones saw a bull run and closed up by 890 points

• Author: Lalitha
• Filed under: World Market
• Date: Oct 29,2008

Dow saw its second 2nd biggest day in the history it was just 200 points up until 2.00 EST , but after that it saw the biggest rally and closed the market up by 890 points.The consumer confidence was really low but that dint affect the market at all .
What moved the market.

>S&P 500 soars 11% on bargain hunting, short-covering
>Global stock markets rebound
>Consumer confidence plummets in October to lowest level on record
>Home prices in 20 major metro areas fall 16% year-over-year, roughly in-line with estimates

Muharath trading gives 500 points to sensex

• Author: Lalitha
• Filed under: india
• Date: Oct 28,2008

Muharath trading gives 500 points to sensex it was not like previous yesr where it closed in red , this time they had raised the bar and its almost up like 500 points and going moe than that.Thinking it might close above 9000 or 5.80 percent up , all the Indices are up today.