The one-sided win for the UPA government (lead by 262 seats) in the 15th Lok Sabha election, which shrugged off the exit polls results drastically, brought great cheers for the markets in early trade. The benchmark indices locked at upper circuit. The BSE & NSE are in discussion on extent of trading halt, as the [...]

Economic crisis seems to continue and its face is now becoming worse. The benchmark indices Nifty and BSE crashes below 10% today. The pressure in the market are coming in from the European funds. Some large Europe based funds are facing serious redemption pressure. The panic sell by the local funds are increasing the pressure [...]