The Indian equity market continued the rally, stretching the recovery to the second consecutive week. Even though the last day's selling can be regarded only as a profit booking ahead of the weekend, the pattern the general market indices – NSE Nifty and BSE Sensex – formed is quite interesting.This, along with the fact that the technical momentum indicators are trading..............

The Indian stock market rallied as FII inflows turned around and the Government hinted at getting on with key reforms with a belated fuel price hike. A string of encouraging economic statistics like drop in food inflation, contraction in current account deficit and improvement in core sector growth added fuel to the fire................

Oil is the most traded commodity in the world. Since the beginning of this year there has been a rise in the crude oil price majorly due to unrest in Egypt and Libya, reducing the supply of crude oil. Price went as high as $127 a barrel this year. Organization of Petroleum  Exporting Countries (OPEC) failed in its meeting this month to raise the supply of Crude Oil to bring down the prices.......................