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FM ADVOCATES FOR RATING UPGRADE FOR ECONOMY—STOCK MARKET         There is strong case for rating upgrade of Indian economy by global rating agency on the back of increasing investments, declining import of gold and government’s commitment to fiscal prudence.   The expert in stock market and those who trade in nifty consider it a strong move which will boost up confidence of retail investors in the stock market .   The issue of rating upgrade was raised by FM officials at a meeting with the rating agencies.   The ministry expressed confidence that current account deficit (CAD) will surely come down as oil prices are stable and the rupee has been range bound.   Moreover, the cabinet committee on investment has also approved projects worth Rs 70000 crore in three months time. In general the infrastructure and in particular the cement industry and steel industry will have positive impact.   The government has set up...
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Buy Sell Signal Software for Share Trading

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GOLD LOSING ITS SHINE—COMMODITY MARKET         With investors moving money out of gold and silver, the futures tumbled at a breathtaking speed on intraday Friday night session which witness bloodbath and butchery of gold in the commodity market .   With commodity tips providers being clueless, gold futures for delivery closed at $ 1482.65 registering a loss of $ 82.25 or 5.26 per cent in intraday trading session.         Investors were selling gold like anything; earlier when the bull rally was on, investors were rushing to buy gold.   The exact volt a face is taking place with investors having changed their trading strategy for gold intraday trade .   The bull run has been prevailing for over a decade.   Now at the first instance of a signal that the rally is fading, people are rushing out to sell gold in panic of trend reversal on technical chart .      ...
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