Nifty 50 Can Fall Another 1,000 Points

If the index is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels. Illustration: Dominic Xavier/Rediff.com The Nifty 50 can fall another......

Rupee at near 10-month closing high; RBI remains active

The rupee rose on Tuesday to its strongest close against the dollar in nearly 10 months as shares surged to record highs after exit polls showed opposition Bharatiya Janata Party (BJP) and its......

Sell the rupee for dollar

Huge currency fluctuations were see last month. The euro, dollar and yen gyrated in both directions.The Swiss have taken desperate measures to prevent Franc strengthening.The Chinese, with their......

Why markets will remain volatile in September

The downtrend continued in the markets and a long-term bear market now appears to be odds-on. The global scenario remains volatile. China continues to look like a source of weakness. The US Federal......