20% rally in 40 days: Is this a bull market!
After a terrible end to 2011, markets have lit up in the last 40 days exhibiting a phenomenal 20% rally. Typically it is time to take stock of the rally and ask the big question if it's just liquidity or has the fundamentals changed or if despite all the skepticism, we have slipped in quietly from a bear market into a bull market.
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Business News
2G: PM seeks Attorney General's opinion on SC verdict
Days after the Supreme Court cancelled 122 licences for 2G spectrum, Prime Minister Manmohan Singh on Saturday held consultations with senior Cabinet colleagues on its impact on overall telecom sector and the way forward.Economy News
Why RBI regulation is must for gold loan firms?
The glitter of gold loans has grown exponentially in the past five years. From a Kerala specialty the industry now has drawn into its fold hundreds of NBFCs who in turn draw funds from zillions of retail investors, mutual fund investors and banks.IBN Reports
US working to reduce trade barriers with India
The United States has said it is working to reduce investment and trade barriers with India and Brazil.
Market Reports
What dragged Nifty below 5400? Global cues, IIP or profit booking
What dragged Nifty below 5400? Global cues, IIP or profit bookingBuzzing Stocks
Block deal in Ambuja Cements; stock down 2.4%
There was a block deal of 1.6 crore shares of Ambuja Cements on exchanges at Rs 174.50 per share, reports CNBC-TV18.Market Edge
The week that was: Deal or no deal, mkt in for taxing times
The disappointing IIP data and pressure from Europe kept the markets in the red. Traders also used to opportunity to book profits.Market Outlook
Nifty may crash to 4300-4500 by 2012-end: Anil Manghnani
The Nifty has seen a sharp rally so far in 2012. Anil Manghnani, Modern Shares Stock Brokers says, the market is a little over done now on the upside and stock should start correcting very soon. A lot of the good news is in the price already. I think this is a good time to start taking some profits, he adds.Technicals
Euro gains on ECB; stocks up with economic data
The euro rose on Monday on expectations of higher eurozone interest rates while world stocks eked out gains as concerns about Middle East and Japan cast a cloud despite positive economic data.
Global Markets
US markets close lower as Greek deal falters
The SP 500 posted its biggest daily percentage decline thus far in 2012 on Friday after an about-face on Greece's long-awaited debt deal ended a five-week streak of gains for equities.
Politics
Bhatt was posted as the Deputy Commissioner of Intelligence with the State Intelligence Bureau (SIB) from 1999 to 2002.
Election Commission had censured Khurshid for his remarks on sub-quota for minorities in an election rally.
Ruling BSP, Congress, SP and BJP pulled out all the stops to woo voters in the no-holds-barred fight for the 403-seat House.
India
A class 9 girl from a private school had moved the court seeking approval to remain with her boyfriend and his family.
It was a night of shame for Delhi on Thursday as the three incidents were reported from the city within hours.
However, grassroot level coir workers are still struggling to make ends meet.
Tech
Also targeted were the websites of Mexico's mining ministry and the US state of Alabama.
The trend comes as companies look beyond traditional toys to woo tech-savvy kids.
Apple sued Motorola Mobility to stop Motorola from asserting some patent claims against Apple in Germany.
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