Intraday Trading Systems and Intraday Trading System for Nifty Stocks and Commodities

CURRENTACOUNT DEFICIT & INDIAN STOCK MARKET

Last week the Reserve Bank of India (RBI) released quarterly BOP data which showed India’s current account deficit reached below a new high of 32 billion USD or 6.7 per cent of GDP in Q3 FY 2012. CAD, however is expected to narrow down as a result of slowing consumption, sluggish investment, fiscal consolidating, and moderating oil prices and gold imports, we project the full year figure will come in around 5 per cent—well above the RBI’s estimate of a sustainable level of about 2.5-3 per cent. The stockmarket will then see a new kind rejuvenation and traders in nifty might look forward to encash the profit. Given that it will likely remain around 4-5 per cent of GDP over the medium-term, the CAD will limit the RBI’s space for rate cuts, keep downward pressure on INR, and increase india’s reliance on potentially volatile portifolio flows.

While a surge in capital inflows due to DM liquidity and government reform efforts was sufficient to finance the CAD in Q3, while the quality as per expert in technical analysis, the quality of financing remains a concern. The net FDI declined to 2.5 from 5 billion, in Q3, while portfolio inflows rose to 8.6 compared to 1.8 billion over the same period a year ago. This causes the sharp volatility in the stock market and intraday traders change their trading strategy based on the news upon it.

More importantly, there has been notable deterioration in India’s external debt, through the situation appears manageable. Total external debt rose to 378 billion from 260 billion in 2009 - 10. The size of India’s external debt is not a problem itself, at 18.3 per cent of GDP it is the 3^rd lowest amongst developing countries while its FX reserves cover 81 per cent of total debt.

Visit Us : www.technotrades.biz

Comments

FOREX TRADING MT4 INDICATORS CAN BE FUN FOR ANYONE

The Facts About Forex Mt4 Indicators Revealed Scalping has come to be one of one of the most prominent forex strategies. The idea behind scalping is to open and close trading settings quickly, making a little profit at the same time. By "swiftly" we suggest a duration of time that is generally numerous minutes in duration, in some cases even a number of secs; by "a tiny revenue", a profit of 1-5 pips. Examine This Report about Forex Exit Indicators Mt4 Since scalping traders do not maintain employment opportunities for long, they are not as exposed to market volatility or swings as various other forex investors. Our forex scalpers are based upon an one-of-a-kind trading technique. Our foreign exchange scalpers were forward-tested in genuine or demo accounts. Our major foreign exchange scalpers come furnished with a GMT auto-determination component, which permits these scalpers to be made use of by any broker without further adjustments/modif...

FII FLOWS OF CAPITAL ON INDIAN STOCKS MARKET

New Delhi: Overseas investors infused Rs 876 crore into Indian equity markets in the first week of May on hopes the government may review the General Anti Avoidance Rule (GAAR) provisions in coming days to address most of the concerns of FIIs, say experts. Foreign institutional investors (FIIs) had pulled out over Rs 1,100 crore from equity markets last month due to fears that proposed GAAR provisions could lead to heavy tax burden for investors putting money through tax-friendly places like Mauritius. During the current month, foreign fund houses poured in Rs 876.10 crore in the stock market and Rs 748.10 crore in the debt market Reuters FIIs made gross purchase of equities worth Rs 6,716.50 crore and sold shares valued Rs 5,840.40 crore translating into a net inflow of Rs 876.10 crore during May 2-4, according to the data available with the market regulator Sebi. Market experts said there is widespread expectations that government may review GAAR (General Anti...

Nifty futures test 5000 mark; Asian indices slide sharply by Venky Vembu May 7, 2012

Hong Kong : The blood has barely been wiped off the trading floors after last week’s tumbles on the Indian markets. But already, markets are off to another bloody start to the week. Nifty futures are again sharply down in early trades on Monday, testing the 5000 mark on very weak global cues after election results in Greece and France over the weekend, and tepid US employment data on Friday, busted investor sentiment. (More details here .) Listen to market audio: All across the region, trading boards are awash in red. As at 7.30 am IST, most of the indices are down in excess of 2 percent. Tokyo, returning from a holiday, is down the hardest, playing catch-up with last week’s falls: it’s now down in excess of 2.5 percent. Hong Kong is down about 2 percent, and Sydney about 1.5 percent. Shanghai is faring the best of the lot, down only about 0.2 percent. We’re probably looking at sharp losses when markets open in Mumbai today. Reuters Nifty futures are do...

Search This Blog