Indian stocks continued their strong run last week as the BSE Sensex touched an all-time high of 17,361.50. Sensex, Bombay Stock Exchange’s benchmark index which consists of 30 companies, is up about 25% year-to-date.
Not all US listed Indian stocks have benefited by the strong run in the Indian markets. If you look at the chart […]
I am going to India for the next couple of weeks and probably won’t be able to write during this time. I will try and write something while I am there about the Indian markets.
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I would like to announce the launch of a new section to Financial Nirvana. You can access this new site by clicking on ‘Track Sectors’ or by going to http://DailySectorWatch.com.
The new site will allow you to find stocks, track sectors and see emerging trends to help you give an overall feel of the market in […]
Rediff: Moneycontrol.com did an interview with Karvy stock broking analyst R. Ravi. Ravi believes that all IT companies will have to pay higher taxes and the effective tax rate provisioning for the industry, which has been hovering between 10-12 per cent, will definitely go to around 16-18 per cent.
He adds that for Infosys […]
Sify: National Association of Software and Service Companies (NASSCOM) has compiled a list of top 20 software exporters for the 1st quarter of 2006:
I don’t really see any surprises at the top of the list.
1. Tata Consultancy Services Ltd.
2. Infosys Technologies Ltd.
3. Wipro Technologies Ltd.
4. Satyam Computer Services Ltd.
5. HCL Technologies Ltd.
6. Patni Computer […]
Financial Express: According to TRAI (Telecom Regulatory Authority of India), there is some scope for further reduction in the bandwidth prices in India. According to Financial Express, “Experts say the international leased line (bandwidth) prices in India will witness more competition and see fall by 30 per cent depending upon capacities”
These is great news […]
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