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Monday, March 12, 2007

Stock Market - Indian shares climb on tech stock buying


Indian shares climb on tech stock buying
Boston Globe - The Bombay Stock Exchange's 30-stock Sensitive Index, or Sensex, rose 0.1 percent, or 17.64 points, to 12,902.63 points. On the The market's breadth is not good at present and investors are not willing to buy aggressively." Among the gainers was

Morgan Stanley To Go Solo In India
Forbes - from joint ventures with its Indian partner, JM Financial , choosing to go it alone in the rapidly growing Indian market to like the firms prospects on its own its shares rose 3.5% Thursday to 1,002.50 rupees ($22.66) on the Bombay Stock

G10 central bankers say mkt correction is healthy reminder of risks
FXStreet.com - Trichet said there are no signs that the stock market downturn was triggered by economic fundamentals, and it appears to have just been a simple market correction. He said the correction has not hurt the real economy, but central bankers need to

Asian Stock Markets Up Gains In India China New Zealand US
Best Syndication - Best Syndication) The New York Stock Exchange bounced back a little Tuesday as There is insufficient evidence to declare the market has entered a bear phase India's Bombay Sensex rose 0.6%. The office of the South Korean President said that

India cuts import duties in federal budget, but disappoints markets
San Diego Union-Tribune - the Bombay Stock Exchange, or Sensex, tumbled 541 percent to 12,938 points by close of trading Wednesday. Technology and cement stocks led the fall. The budget has been negative for technology companies and there are additional taxes the market

Indian immigrants enticed to go home
Boston Online - Many salaries have almost doubled since 2005, as has the country's stock market index. This has opened vast new opportunities in to New York in the late 1960s, said he had a lucrative job with IBM when he decided to move to Mumbai (formerly Bombay) and