10-23-2008, 10:29 AM
<b>Markets in shock; rupee at all-time low</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->The BSE Sensex, on Thursday morning, plunged by over 486 points, 4.78%, to fall to 9683.41 on heavy selling in IT, metal, realty and banking stocks.
The NSE Nifty is down 128 points, or 4.18%, at 2,937.05. This is its lowest since July 2006.
Short selling: Sebi lets off FIIs
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<b>US Dollar 49.76 </b>
As expected. I was RIGHT. In case of India, I wanted to be wrong but here is reality anyone can predict.
Let see Re will cross 50 by end of this week. Very much possible. Even Oil bill will be low but India will see slow down in investment.
The NSE Nifty is down 128 points, or 4.18%, at 2,937.05. This is its lowest since July 2006.
Short selling: Sebi lets off FIIs
....
<!--QuoteEnd--><!--QuoteEEnd-->
<b>US Dollar 49.76 </b>
As expected. I was RIGHT. In case of India, I wanted to be wrong but here is reality anyone can predict.
Let see Re will cross 50 by end of this week. Very much possible. Even Oil bill will be low but India will see slow down in investment.