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	<title>Indian Stocks Roundup</title>
	<link>http://indianstocksroundup.com</link>
	<description></description>
	<lastBuildDate>Mon, 03 Nov 2008 11:38:37 +0000</lastBuildDate>
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		<title>Markets Surge, Call Rates back to normal</title>
		<description><![CDATA[As predicted, the Indian stock markets opened strong and maintained the momentum throughout to close significantly higher. The Sensex closed 549.62 points (5.62%) higher at 10,337.68 and Nifty closed 158.25 points (5.48%) higher at 3,043.85.
In the Asian markets, Hang Seng closed 2.69% higher, Singapore 5.99% higher, Korea 1.44% higher and Taiwan 2.55% higher. European markets [...]]]></description>
		<link>http://indianstocksroundup.com/2008/11/03/markets-surge-call-rates-back-to-normal/</link>
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		<title>RBI cuts CRR and SLR by 1% each, repo rate by 50bps</title>
		<description><![CDATA[I wished in my last post that the RBI should act and act swiftly as the call rates had touched 21% on 31/Oct/08. And we did see some action from RBI on Saturday. They have cut the repo rate by 50bps to 7.50% (effective 3/Nov), cut the CRR by 100bps to 5.5% (in two stages, [...]]]></description>
		<link>http://indianstocksroundup.com/2008/11/02/rbi-cuts-crr-and-slr-by-1-each-repo-rate-by-50bps/</link>
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		<title>Sensex, Nifty surge (31/Oct/08), S&#038;P affirms India rating, Liquidity tightening</title>
		<description><![CDATA[The Indian stock markets opened after a holiday and have surged today as a catch-up to what the other markets did yesterday. The Sensex is now 623.78 points up (6.90%) at 9,668.29 and Nifty is 151.65 points up (5.62%) at 2,848.70. The Asian markets are mixed - Nikkei is 5.01% down, Hang Seng 4.12% down, [...]]]></description>
		<link>http://indianstocksroundup.com/2008/10/31/sensex-nifty-surge-31oct08-sp-affirms-india-rating-liquidity-tightening/</link>
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		<title>Stocks rally on rate cut news</title>
		<description><![CDATA[Indian stock markets are closed today but the Asian markets posted big gains today. Nikkei was up 9.96%, Hang Seng was up 12.82%, Singapore was up 7.82% and Korea was up 11.95%.
The Fed cut rates by 50bps to 1% yesterday (29/Oct) and has also announced USD swap lines with Brazil, Mexico, South Korea and singapore. [...]]]></description>
		<link>http://indianstocksroundup.com/2008/10/30/stocks-rally-on-rate-cut-news/</link>
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		<title>Indian markets end flat, US/Eurozone planning co-ordinated action again</title>
		<description><![CDATA[The Indian stock markets ended flat but not before some amount of volatility. F&#38;O settlement added to the volatility as well. The Sensex ended at 9,044.51, a gain of 36.43 points (0.4%) and Nifty ended at 2,697.05, a gain of 12.45 points (0.46%).
The rally that we have seen in the markets in the last two [...]]]></description>
		<link>http://indianstocksroundup.com/2008/10/29/indian-markets-end-flat-useurozone-planning-co-ordinated-action-again/</link>
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		<title>Sensex recovers from below 8,000, rupee near record low of 50 to USD</title>
		<description><![CDATA[The Sensex hit a rock bottom of 7,697.39 and the Nifty hit a rock bottom of 2,252.75 before staging a remarkable recovery. This recovery was I guess due to some opportunistic buying, some short covering and investments by insurance companies.
At the end of trade, Sensex closed 191.51 points down (2.20%) at 8,509.56 and Nifty closed [...]]]></description>
		<link>http://indianstocksroundup.com/2008/10/27/sensex-below-8000-rupee-near-record-low-of-50-to-usd/</link>
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		<title>World Markets Collapse (24/Oct)</title>
		<description><![CDATA[This is a Friday (24/Oct) that the world would want to forget. Almost all the stock markets across the world collapsed. The table below gives an indication of how the world markets performed on Friday.
As it can be seen, nothing was spared. As far as Indian markets are concerned, this was one of the highest [...]]]></description>
		<link>http://indianstocksroundup.com/2008/10/25/world-markets-collapse-24oct/</link>
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		<title>Rupee hits low against USD, markets down</title>
		<description><![CDATA[The Indian stock markets are down as is the case with other global markets. The Sensex is down 442 points at 10,241 and Nifty is down 152 points at 3,082.
Asian markets hit 4 year lows today on the same old concerns - slowdown in economy, poor corporate earnings, falling commodity prices, worries of recession&#8230;
I may [...]]]></description>
		<link>http://indianstocksroundup.com/2008/10/22/rupee-hits-low-against-usd-markets-down/</link>
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		<title>RBI cuts repo rate by 1% to 8% with immediate effect</title>
		<description><![CDATA[RBI has cut repo rate to 8% with immediate effect. This is the first time in the last 4 years that a repo rate cut has taken place.
The magnitude of rate cut has surely been a surprise, and in terms of the timing, again it is a little surprising given that the next meeting is [...]]]></description>
		<link>http://indianstocksroundup.com/2008/10/20/rbi-cuts-repo-rate-by-1-to-8-with-immediate-effect/</link>
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		<title>World facing recession, expect painful recovery</title>
		<description><![CDATA[Over the last 2 weeks, all the central banks across the world have been busy trying to revive the financial markets from the coma that it had gone to. We have had a lot of measures announced and though the stock markets put up a brief rally, they are now back to decline as everyone [...]]]></description>
		<link>http://indianstocksroundup.com/2008/10/16/world-facing-recession-expect-painful-recovery/</link>
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