Markets Nosedive
Sensex loses 388 points, Nifty ends below 6,000 on Fed, China concerns
The Nifty posted its biggest percentage fall in a year on Thursday, as the prospect of an end to the U.S. stimulus programme and a weak China manufacturing survey sparked concerns foreign investors would end their recent buying spree. Full Article
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Markets weekahead - Parliament, futures expiry to keep shares volatile
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Stock brokers trade in a brokerage firm in Kolkata February 16, 2009.
Credit: Reuters/Jayanta Shaw/Files
Reuters Market Eye - Markets are expected to remain volatile, as investors watch the winter session of the parliament, which is expected to test the government's will to pass key reforms, including for the pension and insurance sectors.
The week also marks the expiry of November derivative contracts, while the July-September GDP data will be released on November 30.
Global risk factors will also be key as the U.S. Congress is expected to resume negotiations over the budget, while IMF and European Central Bank officials will meet on Monday over Greek aid.
Traders will also await a government committee report on its findings over accusations of illegal mining in Goa.
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