Anti Recession Stocks
Anti Recession Stocks
Indian news, business news, and market performance
What is so special about Indian news these days? It is news carrying detailed reports about Anna Hazare and his fight for corruption supported by lakhs of supporters. The 74 year old anti-graft activist Anna Hazare entered the seventh day of his fast, shedding 5 kgs. According to the latest Indian news, Prime Minister Manmohan Singh at last is ready to take tentative steps to open talks. Though the government nominated mediators for the crisis, yet no solution emerged.
Business news in India holds much ground in the Indian news segment. Another section, which is included in many a news portal under the business news section, is markets. Performances of the big companies listed in the NSE and BSE are exhibited in the nifty and sensex index respectively. You will come across charts displaying the most active stocks for investors to see and make buying and selling decisions.
In the section of business news in India, top stories are related to global stocks on an 11 month low on concerns about a global economic downturn. The euro and oil prices slipped. Fears of recession provoked investors to sell risky assets. According to another business news in India, Essar Energy’s earnings rose by 49 percent in the first-half of the year. This is triggered by higher refinery margins. Had the regulatory approvals been passed, Essar would have witnessed more growth as was said by company personnel. Of course one of the top business news in India is gold reaching the Rs. 28000 plus figure per 10 grams. Visit a news portal to read more Indian news.
The European debt disaster and the worldwide economic slump caused the sensex index and nifty to slide. Currently the sensex index is hovering a little above the 16000 mark and the nifty below the 4900 mark. Given the high market volatility it is no surprise if you find the nifty swinging in the 4500 mark and sensex in the 15000 mark soon. This is what market analysts have predicted. The figures may go a little higher by the end of the week but again in no time will the sliding occur once again. When you come across the most active stocks, do conduct a research before you take any buying or selling decision. Currently, the most active stocks are those offered by SBI, Reliance, Infosys, and more. The data may change according to changing volatility.
Jeffrey Sachs is an Anti-Schiff
