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Diwali arrived early for the BJP when the party registered what Prime Minister Narendra Modi described as a “historic” performance in the Maharashtra and Haryana Assembly elections, on Sunday.
In a repeat of its show in the Lok Sabha elections, the BJP notched up a simple majority for the first time in Haryana with 47 seats in the 90-member Assembly and a staggering 33.2 per cent of the vote share.
In a four-cornered contest in Maharashtra, the BJP emerged the largest party with 122 seats and 27.8 per cent of the vote.
The incumbent Congress was relegated to the third spot in both States.
Arvind Subramanian, Senior Fellow at the Peterson Institute for International Economics, has been appointed as India’s new chief economic adviser (CEA), the government said Thursday.
The CEA, a post that has been lying vacant since September last year after Raghuram Rajan took over as new Reserve Bank of India (RBI) governor, is usually the main go-to person for advice for the finance minister on macro-economic matters and primary responsibilities, among others, include authoring the mid-year analysis and the Economic Survey.
Subramanian, has written on growth, trade, development, institutions, aid, oil, India, Africa, and the World Trade Organisation (WTO). Foreign Policy magazine had named him as one of the world's top 100 global thinkers in 2011.
He has published widely in academic and other journals, including the American Economic Review (Papers and Proceedings), Review of Economics and Statistics,
Journal of International Economics, Journal of Monetary Economics, Journal of Public Economics, Journal of Economic Growth, Journal of Development Economics, Brookings Papers on Economic Activity, Oxford Review of Economic Policy, International Monetary Fund Staff Papers, Foreign Affairs, World Economy, and Economic and Political Weekly.
Journal of International Economics, Journal of Monetary Economics, Journal of Public Economics, Journal of Economic Growth, Journal of Development Economics, Brookings Papers on Economic Activity, Oxford Review of Economic Policy, International Monetary Fund Staff Papers, Foreign Affairs, World Economy, and Economic and Political Weekly.
He is the third economist of international renown to have been appointed to the key policy post in recent years. Kaushik Basu (World Bank Chief Economist) and Raghuram Rajan (current RBI Governor and former IMF chief economist) were the other two who recently served as CEA.
With the benchmark Sensex witnessing a dream-run, total market valuation of BSE listed companies has inched closer to Rs 100 lakh crore mileston.
At present, the total market capitalisation (m-cap) of BSE listed companies stands at Rs 96,25,517 crore which is Rs 3.74 lakh short of Rs 100 lakh crore mark.
In terms of US dollar, the total market value of BSE listed companies has surged to USD 1.58 trillion at the current rupee rate of 60.65 against the Greenback.
Earlier, the total m-cap of domestic listed companies had reached a record USD 1.5 trillion in June this year.
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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 Resistance at......7998...8055..8095
Nifty.....Today Support at ..7920...7872...7825
Nifty Range...6300--------8200
TRACK ME RESEARCH......
NEXT TGT FOR
Our Opinion for Today's Market.......
1.Stock Specific Movement Expected Today ......
2. Mid-caps Looks Good....
INTRADAY HOT STOCKS: 21/10/2014
sell banknity sl 16500 tgt 15750/15450/15200
sell jp ass sl 32 tgt25
sell dlf sl 124 tgt 90
buy ril sl 890 tgt 980/1010/1028/1040/1060
L&T FINANCE HOLDINGS
(BSE TICKER-533519@ Rs.65/-)
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!!!!
Rs.90/120/- Rs.150/-
Alert:- Our Subscriber's Long in Stock!!!
MARKSANS PHARMA
(Bse Ticker-524404@ Rs.18.80)
TARGET
Rs.21/- Rs.24/30/35/40/80 SL Rs.15/-
Forget Short Term Movment
