In the previous post I mentioned that if the market crossed the 5530 level, it can go up to 5630 level depending on the economic and political news. The same thing happened this week. The strong global situation, low crude oil price, positive steps taken

I think the positive movement of Indian market will depend on the following things 1) Crude oil price2) Positive news about monsoon3) Positive news from political side.4) Inflation5) Fiscal deficit (The difference between total revenue and total expenditure

Sharp fall in crude oil price helped the market. Sensex closed 513 points up at 18240.68 and Nifty closed at 5471.25, 151.25 points in green. Positive global cues and the much awaited EGoM (Empowered Group of Ministers) meeting on fuel

Sensitive Index (SENSEX) updated his 30 companies list by eliminating Anil Ambani's Reliance infrastructure and Reliance Communication. The new companies included in place of these are Coal India and Sun pharma. The updated list is given below. Bajaj

Indian equity benchmarks closed today about 2% below because of the  confusion regarding the Indo - Mauritius tax treaty. The 30-share BSE Sensex fell 363.90 points or 2.04% to close at 17,506.63. The 50-share NSE Nifty dropped 108.50

Nobel prize winner Paul Krugman predicts that there is a chance for a recession again in America. He says that the main reason for this is the policies taken by the Obama government is not up to the mark. In USA the price for houses go down, Production