Saturday, November 13, 2010

The Indian markets fell heavily this week as rate hike fears in China and Irish debt woes along with poor IIP data spooked investor sentiment

Markets crack this week under global pressure

The Indian markets fell heavily this week as rate hike fears in China and Irish debt woes along with poor IIP data spooked investor sentiment


Major news for the week:

  • IIP at 4.4%, lowest in 15 months 
  • State Bank of India Q2 consolidated net profit falls 22.52% 
  • Bharti Airtel Q2 consolidated bottomline dips 26% yoy 
  • Tata Motors Q2 consolidated net profit up 100-fold
  • Food inflation eases to 12.3% 

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Safe Harbor:

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
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