.: The Economic Times Markets Watch Newsletter

Thursday, 2 May 2013

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	Dated:02 May,2013

Top Headlines

Sensex jumped 232 points to close at 3-month high of 19,735.77 led by funds buying in bluechips on expectations of rate cut by the RBI tomorrow.

Sensex rallied over 200 pts, while Nifty managed to scale past its key level of 6000 led by gains in rate sensitive and IT stocks.

Sensex has gained nearly 900 points since April, largely on the back of easing commodity prices, expectations of a rate cut and positive global cues.

Views on Stocks/Markets

IPO/Global Markets

Rupee / Gold

More 'Market' News

Stock mutual funds rise in April, gold ETFs struggle
Diversified stock MFs outperformed the broader market marginally in April, with high exposure to financial services stocks supporting unit values.

India can continue to outperform MSCI AXJ: C Suisse
Credit Suisse argues says that the current price-to-book of 2.02 times is close to the last 3 troughs of 1.95 times.

Surge in VIX keeps many wary ahead of RBI policy
NSE's volatility index, or India VIX, added 10.7 per cent to 16.72, heading for a third straight session of gains.

Market Round-up

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