Monday, June 30, 2008

The market was subdued on Monday afternoon amid weak global cues and a rise in crude oil. Concerns over the higher inflation and political uncertainty also weighed down sentiment.Crude oil was hovering around $142.5 a barrel on Monday, near the record $142.99.

On Friday, data showed India's inflation rate jumped to 11.42 per cent in the 12 months to June 14, up from 11.05 per cent the previous week, its highest in more than 13 years

0 comments:

DISCLAIMER



DISCLAIMER: INVESTING AND TRADING IS VERY RISKY AND FINANCIAL LOSSES ARE OFTEN THE RESULT.

Investment success is far from a sure thing. This site is solely intended for educational purposes. I am not a registered investment advisor and it is not my intention to provide anyone with investment advice. I am not recommending that any reader of this blog buy, sell, short, or engage in any other investment strategy based upon the content set forth herein. I strongly urge all readers to perform their own due diligence before investing and or trading their funds. I will not be responsible for any readers financial losses.