The May Nifty option chain and the three-month Nifty chains offer several signals worth noting.
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
It would be a miracle indeed if we grow at 7/8 per cent a year over the current and next few years, says A V Rajwade
Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.
The longest winning streak was the six years between 2002-2007 when the Nifty moved from around 1,000 to over 6,000.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
Sensex in green, JSW climbs higher.
We have cleared all dues to our employees, says Ajay Singh
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
Noise levels began to climb and everyone else in the room stared agape as the fracas escalated, including the trio of accused at the back. Peter, Sanjeev and Indrani stood at the edge of their enclosure craning to see the spectacle.
