The key domestic benchmarks trimmed some of their earlier gains but were still trading higher today tracking a strong rally in Asian stock markets which rose as speculation of a Spanish bailout and upbeat US data lifted sentiment, spurring demand for risky assets. Stocks rose after Germany signaled that it is open to the idea of Spain seeking funding from Europe's bailout funds, easing concerns over Europe's debt turmoil. Robust US corporate earnings and a rebound in US industrial production last month signaled a pickup in the world's largest economy, bolstering sentiment.
Stock Tips Of The Day - by optiontips.in
VOLTAS LTD.
Read More on:
http://www.kyachadega.com/2012/10/positive-indication-of-sensex-asian.html
The key domestic benchmarks trimmed some of their earlier gains but were still trading higher today tracking a strong rally in Asian stock markets which rose as speculation of a Spanish bailout and upbeat US data lifted sentiment, spurring demand for risky assets. Stocks rose after Germany signaled that it is open to the idea of Spain seeking funding from Europe's bailout funds, easing concerns over Europe's debt turmoil. Robust US corporate earnings and a rebound in US industrial production last month signaled a pickup in the world's largest economy, bolstering sentiment.
Stock Tips Of The Day - by optiontips.in
VOLTAS LTD.
Read More on:
http://www.kyachadega.com/2012/10/positive-indication-of-sensex-asian.html
Commodity Gold price at MCX rebounded from early losses on Wednesday and Silver price slipped by almost 2% at MCX Index on Wednesday and same is with Crude oil its showing weak market sentiments in the US economic data and the base metals reports for Copper is showing growth concerns.
Gold closed down for second consecutive week shredding nearly $13 to end the week at $1487.79 after hitting 6-month low. Gold came under pressure as dollar rebounded and U.S crude oil fell more than $2, also, with no Greek default, investors liquidated their positions in Gold.
Indian trade data thus shows the tremendous possibilities that many traders, importers, and exporters can have in the near future. It occurred as both foreign and domestic demand had a rebound from the declination in last year's records.
Stock market analytics are as follows. Asia and European stocks are up Monday due to an improving outlook that the US will get their fiscal house in order.
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