In an surprise announcement, the Fed said it was expanding a securities lending program and will accept a broader base of securities as collateral, including many mortgage bonds whose value has declined as the housing bubble burst.U.S. stocks rallied on Tuesday, led by financial shares, after the Federal Reserve said it would add up to $200 billion to strained credit markets as part of a coordinated effort with other central banks.
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2 days back we have written that 15600 is last level of sensex and 4605 nifty touched 4620 and sensex showed 15320 and it covered in interday we can see nifty 5100 plus in 2 to 3 days
Crude's soaring, the dollar is tumbling, the economy has hit a wall, and the stock market is in retreat as the subprime crisis goes global. The best investors can hope for is that this is as bad as it gets.
U.S. employers unexpectedly cut jobs in February at the steepest rate in nearly five years, a second straight month of employment losses that heightened fears the world's largest economy has skidded into recession.
Recession stocks are falling like house of cards USA GOVT fails to catch the movementam and each and everything is slipping from hands but this recession is not long now a time in 1972 it was come but for a one year now its just for 5 to 7 days from here the news we got from your channel they simply personify time to buy and not to wait now last level we got from here of Sensex 15630 and nifty 4605 only we will see some sluggish tarding consecration from here onwords wait and watch and hold only key.
