Stocks hitting 52-wk high fall sharply
Mumbai: Investors in the stock market who are making a beeline for small cap and penny stocks had better watch out, for in the short span of a few days the situation has turned upside down.
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`Drop in opening of new DP accounts'
Mumbai: The drastic decline in the number of requests for new client account openings with depository participants (DPs) across the country is indicative of the less than enthusiastic investor sentiment pervading the secondary markets.
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Damp sentiment likely to continue
The market generally lay low last week and is likely to remain infirm this week also. A truant monsoon and the killings in Jammu induced an undertone of panic early last week from which it did not recover.To top it all, the sliding US market indices depressed the sentiment for the export-reliant tech sector stocks further.
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No respite for dollar bulls!
London:The dollar's global weakness has contributed to reduced demand from 
importers and inter-bank players. The few remaining dollar bulls have also 
beaten a retreat in the inter-bank market once 48.76 broke.
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Bond market volumes dip on liquidity fears
Mumbai: Trading volumes dropped to about Rs 3,200 crore last week, down from Rs 4,000 crore plus during the previous week. The volumes declined despite the hefty $784 million increase in the foreign exchange reserves to $58.79 billion.
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