Tuesday 13 May 2014

SHARE CAPITAL IMPROVED;SENSEX RESURRECTED ...!!

- Yasir Yousuf(Editor)
Mumbai: Share Capital closed again with a better space having improvement of 94 points in NIFTY, closing at 7108 on Tuesday .This is the first time in the history that NIFTY has closed at more than 7100.Sensex lifted to 23871 with a rise of 320 points which is also a record.
NDA supporting exit poll results was the reason behind the improvement in share capital.Hopes of Narendra Modi Govt.providing investment friendly approach led to a large foreign investment, ultimately helped the business.
$430 Cr.of Foreign investment has been done so far in this year.Energy,Real Estate,I.T etc made the most  positive impact.
Foreign investment & the sales of dollars by Bankers & exporters at a higher rate helped in rising value of Rupees against dollar, making the best position of past 10 months.

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