Interbank call rates edged higher at 9.45/50% as against its Friday’s close of 9.00/9.10% on Monday as demand perked up with the start of fresh reporting fortnight since most banks prefer to cover for their mandated fortnightly requirements at the earlier. However, the uptrend of the call rates...
The telecom regulator had recommended an about 11-fold increase in the base price for spectrum from the amount paid by operators in 2008. Mobile call rates have seen an increase of up to 100 percent over the past two years. At present, mobile call rates range between 90 paise and Rs. 1.20 per...
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Indian equities rallied on Tuesday after the RBI unexpectedly cut cash reserve
ratio (CRR) rate by 50 bps to 5.5% in order to infuse more liquidity into the
system. It has retained the short-term lending and borrowing rates broadly in
line with the expectations of the market participants...
Markets had a flat to cautious opening today after witnessing smart gains yesterday on the back of better than expected China`s GDP growth rate in Q4CY11.
http://www.nirmalbang.com/Upload/Morning_Call_190112.pdf
Markets had a gap down opening on weak overseas cues as S&P cut down the ratings of couple of European nations.
http://www.nirmalbang.com/Upload/Morning_Call_170112.pdf
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Nifty inched upwards albeit in a choppy fashionMarkets opened in positive and continued to inch upwards aided by good buying seen in banking stocks.
http://www.nirmalbang.com/Upload/Morning_Call_110112.pdf
Nifty inched upwards albeit in a choppy fashion. Positive openings in the European markets further improved the sentiments as Nifty not only pared its initial losses but also inched back into positive territory.
http://www.nirmalbang.com/Upload/Morning_Call_100112.pdf
Indian benchmark indices, Sensex and Nifty, have gained nearly 3% in the first week of the calendar year 2012.
http://www.nirmalbang.com/Upload/Morning_Call_090112.pdf