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The Organization for Economic Cooperation and Development cut its global growth forecasts for this year and next as emerging-market economies including India and Brazil cool.
The world economy will probably expand 2.7 per cent this year and 3.6 per cent next year, instead of the 3.1 per cent and and 4 per cent predicted in May, the Paris-based OECD said in a semi-annual report on Tuesday.
Federal Reserve Chairman Ben Bernanke said on Tuesday the Fed will maintain ultra-easy U.S. monetary policy "for as long as needed'' and will only begin to taper bond buying once it is assured that labor market improvements would continue.
He noted that the funds rate can remain near zero 'well after' unemployment rate hits 6.5% and that unemployment targets are thresholds, not triggers.
In a speech to the National Economists Club that echoed dovish comments by his nominated successor, Janet Yellen, Bernanke also said that while the economy had made significant progress, it was still far from where officials wanted it to be.
Bharatiya Mahila Bank, the country’s first all-women commercial bank, commenced its operations on Tuesday with seven branches. However, doubts remain if the bank will succeed in achieving its objective of economic empowerment of women in remote villages.
The setting up of the Bharatiya Mahila Bank is a small step towards the economic empowerment of women. It is also a reflection of our commitment to this cause. I am sure that the bank will fulfil the objective with which it is being established, namely financial inclusion of women and providing them equal and easy access of financial services,” said Prime Minister Manmohan Singh while inaugurating the bank's first branch in Mumbai's Nariman Point.
Bharatiya Mahila Bank has been set up with an initial paid-up capital of Rs 1,000 crore. Led by Usha Ananthasubramanian, all the eight on the board of directors of the bank are women. The bank aims to increase its branch count to 25 by March 2014.
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(Train For Every Investor)
IF YOU TRY!!!!!!!!
.............YOU MAY WIN OR YOU MAY LOSE.........
...............IF YOU NOT TRY YOU NEVER WIN ..............
The investment ideas of Warren Buffett is most basic and simple to implement. The beauty of his investment ideas is that they are so easy and logical that at timespeople overlook the same ideas even though it must have crossed their mind. These investment ideas of Warren Buffett has not only help the maestro to make billions but also stands as a guiding principles for every other investor of this world.
Warren Buffett’s investment ideas asks us to buy stocksof only those companies whose “fundamentals” are very strong and its stock is available at “undervalued price”. When we say strong fundamentals we mean a healthy financial report, unique product line which is run by exceptional managers.
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What To Do Today..........
Our Opininon for Today's Market.......
1.Market Looks Volatile.....
1.Some Insider Say NIfTy go up to 6200
What To Do Today........
Nifty....Today Face Resistence at......6165...6193..6258
Nifty.....Today Support at ..6105...6072...6042
Nifty Range...4200--------6600
TRACK ME RESEARCH......
NEXT TGT FOR
Sell Nifty Around 6200/6300
Our Opininon for Today's Market.......
1.Stock Specific Movement Expected Today ......
2.Midcaps Looks Good....
INTRADAY HOT STOCKS: 22/11/2013
SELL RCOM BELOW 145 TGT 143/140/130/125 SL 149 BUY AB 150
buy pfc around 143 sl 141 tgt 146/150
buy nify sl 5965 tgt 6160/6190
sell dlf sl 154 tgt 148/145/140/135 buy ab 154
BUL UNITED SP SL 2440 TGT 2580/2640
buy adani port above 154 tgt 160/164
sell sbi around 1795 tgt 1775/1750 buy ab 1808
UP SIDE WE HAVE EXIT CHANCE NO FRESH BUYING
L&T FINANCE HOLDINGS
(BSE TICKER-533519@ Rs.83/-)
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RBI TO ANNOUNCE NEW BANK LICENCE SOON
L&T HOLDINGS EXPCTED TO GET FIRST BANKING LICENCE !!!!
Rs.120/- Rs.150/-
Alert:- Our Subscriber's Long in Stock!!!
ZEE ENTRTAINMENT
(Bse Ticker-505537@ Rs.242/-)
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BIGGEST BULL RUN YET TO START!!!!
TARGET
Rs.800/- Rs.1200/-
NO IF & BUT!!!
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In January 2013
KirtiscripscaN Research
Brings A Unique Stock In Your Knowledge & Declare It Stock of Year 2013!!!!!
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Stock Then Trading Around Rs.18/-
As Per Our Unique Modal Of Research & Technical Anlysis .
We Saw Something Big Can Happen In Stock In Coming
Months!!!!
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After Hitting High of Rs.24/- In Last Week of January 2013!!!!!
Stock Fell 50% In Next 6 Months & Made Double Bottom Around June 2013 !!!!!!
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In July 2013 Tide Turn For Stock When Stock Cross First Major Resistance on Chart Around Rs.17/-
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Company Sold Its Some Business Around Rs.270cr
On 13th August KirtiscripscaN Predict Company May Declare Very Big Dividend In Coming Months !!!!
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Yesterday As Per BSE Announcment Company Decare Dividend of Rs.29/- Per Share!!!
Forget Short Term Movment
