Babylon Translator Download

translator
Showing posts with label Bombay Stock Exchange. Show all posts
Showing posts with label Bombay Stock Exchange. Show all posts

Monday, May 18, 2009

India shines among weaker bourses

LONDON (Reuters) - Equities in Europe and Japan fell on Monday although emerging markets got a big boost from Indian elections which raised hopes of a stable, pro-economic reform government.
The dollar strengthened slightly against major currencies after last's week four-month low.
India was a bright spot for equity investors with the benchmark 30-share BSE index .BSESN surging more than 17 percent before trading was halted for the day.
Prime Minister Manmohan Singh's coalition defied predictions of a tight election result and was only about 11 seats short of an outright majority following the vote count.
A strong Indian coalition, free of the pressures from its former communist partners, has boosted the prospect of reforms to encourage growth in Asia's third-largest economy.
http://www.reuters.com/article/hotStocksNews/idUSTRE54B01U20090518
Reblog this post [with Zemanta]