BSE Holidays 2009 / NSE Holidays 2009

Day	Date	Holiday
Thursday	8th January 2008	Moharram
Monday	26th January 2008	Republic Day
Monday	23rd February 2009	Mahashivratri
Tuesday	10th March 2009	Id-E-Milad
Wednesday	11th March 2009	Holi
Friday	3rd April 2009	Ram Navmi
Tuesday	7th April 2009	Mahavir Jayanti
Friday	10th April 2009	Good Friday
Tuesday	14th April 2009	Dr. Ambedkar Jayanti
Friday	1st May 2009	Maharashtra Day
Monday	21st September 2009	Ramzan Id
Monday	28th September 2009	Dasera
Friday	2nd October 2009	Gandhi Jayanti
Monday	19th October 2009	Diwali ( Bhaubeez)
Monday	2nd November 2009	Gurunanak Jayanti
Friday	25th December 2009	Christmas
Monday	28th December 2009	Moharram

Source - Chittorgarh.com

Oil India IPO may hit the market before September 10th this year

Oil India IPo may hit the market before september 10th 2009 , the reason is if they go public before september 10th 2009 , they dont need to file for DRHP again , They might raise almost 400-500 million dollar through IPO.

I'll invest to the full capacity. Will you too?

Source - Rupya.com

And finally a correction

Markets ended sharply lower after consolidating in the last two sessions. A correction was due as the markets had run up quite significantly in the last two and a half months. Heavyweights witnessed huge selling pressure ahead of F&O expiry on Thursday.

The BSE Sensex finally closed 323.99pts or 2.33% lower at 13,589.23. The Nifty shed 120.85pts or 2.85% to settle at 4,116.7. Broad market indices lost more. While the BSE Midcap index ended 3.4% lower, the BSE Small Cap index lost 3.12%. This explains the negative market breadth as A/D ratio was 0.91:1 on the BSE.

Barring the BSE IT index, all the sectoral indices ended lower. The top losers were the BSE Realty, Bankex, Capital goods and Consumer Durables indices. The top losers from the BSE-30 were RCom, Ranbaxy, Tata motors, NTPC and ICICI Bank. The top gainers were Hindalco, Infosys, Wipro and Sterlite.

With the markets correcting today, we recommend a cautious approach on fresh longs as there is a strong possibility that the markets may fall further

Source - HDFCSEC

UBS raises India's 2009-10 GDP forecast to 6.2%

Foreign investment bank UBS in its latest report said India's economy may grow at 6.2% in 2009-10, revising its estimate of 5.2% growth, citing lower interest rates, smaller excess capacity and a fall in risk aversion.

The Reserve Bank of India has recently forecast growth at about 6%. In the previous three fiscal years, the economy expanded at or more than 9%.

Industrial output could pick up in a limited way to 5-8% in the fiscal year ending in March 2010, from 2.4% in the past year but move decisively above 10% in 2010/11, UBS said.

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