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date: Fri, 13 Jun 2008 12:43:23 -0700 (PDT),    group: uk.politics.electoral        back       
Bombay Sensex in lack luster rally   
http://nksagar.indiainteracts.com/2008/06/13/bombay-sensex-in-lack-luster-rally/
2008-06-13 10:55:17 - Food,Fuel and finance crisis in developed
countries brings its impact in Asian economy.Stocks of two continents
in dismal. India stock markets with inflation galloping to eight
decimel seven percent finds its trade zone in negative,this news needs
to be discounted with indutrial growth sustaining seven
percent.Wizards in field of economy are of the opinion that inflation
in India will touch double digit within couple of months.Food,edible
oils, prices have shown ovreall increase.

CEO of the companies ponder different alternate of supply lines
calculus for their products, outsourcing their distributors,and their
next stepis to grow fuel efficient,early efforts are on in production
and sales will bring optimum results.

Growing world crisis in Food,fuel and Finance,Europeans markets
trading in negative due to inflation expected to ruin their economy
further with hike in fuel price.

Fuel protests in Europe and its mar in Asia has put the two regions
market in red today.Exception to the rule was Japan Nikkei drive on
decimel one percent high in metal shares gain, their metal industry
with best fuel effcient in the world and dollar strengthening
inspiring the exporters has Nikkei make to green.

Indian blue chips stocks are being battered by FII and investors
nearly absent in the market trading Bulls in their shortcovering today
has kept the Sensex to bound range level trading.Big wigs shares trade
Bajaj Auto,BPCL,Rel infra, ITC,NTPC,Hind Lever and Sterlite Ind,HFDC
Bank helped in downward dragging Sensex to red levels.

Shares trade in Ranbaxy,I-flex,pfizer help to sustain.

Nifty was trading below 45 and Sensex 95 when reports last came in.FII
have been net sellers more than 1150 cr on Thursday,market in fiscal
crunch with such heavy seeling in needs of sustain value trading.

Indian stock markets in hard time to retain its shine inspite of
record output of food and better fiscal stablility.

Stepehen Roach Chairman Morgan stanley Asia says the US deficits and
grwoing assets bubble to inflict pain on global economy and US slow
down has arrived and further adds recession in US will be far more
series than expected,CFO Asia reports in its May issue.
date: Fri, 13 Jun 2008 12:43:23 -0700 (PDT)   author:   Nksagar

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