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Investors hope general elections to revive stock market

Rajkot, April 2 (ANI): Investors are anticipating a more business-friendly government winning the national elections, as India’s two benchmark stock indexes, the Sensex and Nifty rallied to new highs. Managing director of shares and finance company, Marwadi Group, Ketan Marwadi, said that India with a strong government can give a tough competition to all the emerging markets. Meanwhile, confident of stability in market, a spokesperson of a stock broker company, Parvesh, said that BJP is perceived to be more business-friendly than the ruling Congress-led coalition, which is on the back foot over corruption scandals that have stifled decision-making. Apr 2, 2014
sensex-hits-fresh-all-time-high-nifty-crosses-6600

Sensex hits fresh all time high, Nifty crosses 6600

New Delhi, March 26 (ANI): Both Sensex and Nifty on Wednesday crossed their all time high. The Sensex opened higher at 22,134.71 and rose further to an all-time high of 22,172.10 before quoting at 22,154.79 showing a gain of 99.58 points from its last close. Meanwhile, Nifty crossed a high of 6600. Talking about the development, Market Analyst Akash Jindal predicted that after Diwali it may cross 25000. Jindal also said that economy is looking better with dollar below the rupee now. He also suggested the investors to not hurry in their investments and wait for some more time as the economy is going to boost further. Mar 26, 2014
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India fed up with Congress, says Narendra Modi

New Delhi, March 15 (ANI): BJP's prime ministerial candidate Narendra Modi while addressing lawyers in New Delhi said that India is fed up with the ruling Congress party. Modi said that the country is not ready to tolerate the Congress. Praising India's judiciary, BJPs' prime ministerial candidate said that foreign investors prefer India because of its democratic system and trustworthy judicial system Mar 15, 2014
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SC rejects Sahara Chief Subrata Roy's bail plea

New Delhi, Mar 13 (ANI): The Supreme Court on Thursday refused interim bail to Sahara chief Subrata Roy and said the matter would next be heard on March 26. Sahara Chairman Subrata Roy, 65, was arrested on February 28 after failing to appear at a contempt hearing in the long-running legal battle between the unlisted group and the Indian securities regulator over repayment of billions of dollars to investors in outlawed bonds. Lawyers of Roy, argued that they had submitted a bail application demanding an answer on how could a person be sent to jail without his complete hearing. He also said that Roy was the chief of Sahara group but that didn’t mean that he had committed any crime. Mar 13, 2014
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India poised to become third largest global aviation market by 2020: Ajit Singh

Hyderabad, March 13 (ANI): Civil Aviation Minister Ajit Singh said that India was poised to become the third largest global aviation market by 2020, throwing gates open to foreign investors to boost economy. Speaking at inaugural function at India Aviation-2014 in Hyderabad, Singh offered tremendous opportunities to the foreign investors. Singh also said that Indian airports sector was likely to attract an investment of $12.1 billion during the 12th Plan period, $9.3 billion of investment to come from the private sector. While briefing on various reforms implemented in the aviation sector, Singh talked about the privatization of leading Indian airports. Singh also said that the air traffic density of India is very low in comparison to other countries and to fight this situation by promoting regional and remote area connectivity. Mar 13, 2014
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Sensex hits all time high of 22000, Market Expert gives credit to FII inflows

Mumbai, March 10 (ANI): BSE Sensex hit a fresh all-time high and breached 22,000 mark on the back of strong foreign inflows from Foreign Institutional Investors (FII), said Market Expert Sunil Shah. Shah said that the FII investment comes as they think that India will outperform than other markets. He said that this comes in the backdrop of the ongoing wave in India that NDA will come to power after upcoming polls and Narendra Modi is considered as a investor-friendly and industry-friendly person. Further, Shah also cautioned the investors before investing high amounts in the market. Mar 11, 2014
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