i Develop Stocks Advisory: Reason for today’s sharp recovery in Nifty

Thursday, September 18, 2008

Reason for today’s sharp recovery in Nifty:

“Central Banks of US., Europe, Japan, UK, Switzerland and Canada join hands to inject more cash into troubled global money markets”

GMT+5:30	Event	Vol.	Actual	Consensus	Previous
Monday, Apr 14
17:30	OPEC Monthly Market Report	1
18:00	Wholesale Sales (MoM)	1	0.3%	0.4%	1.4%	Revised from 1.2%
21:00	6-Month Bill Auction	1	4.06%		4.00%
21:00	3-Month Bill Auction	1	4.225%		4.175%
21:30	Fed's Barkin speech	2
22:30	Fed's Waller speech	2
Tuesday, Apr 15
01:30	Fed's Harker speech	2
04:15	Food Price Index (MoM)	1			-0.5%
04:31	BRC Like-For-Like Retail Sales (YoY)	2		0.5%	0.9%
05:10	Fed's Bostic speech	2