Markets Recover In Early Trade; Most Digital Media Stocks Up

Buoyed by the 75 basis point rate cut by the US Federal Reserve, and perhaps the reaction of the Asian markets, the Indian markets are predictably up. Details at Moneycontrol.com. The BSE was at 17466.77, up 736 points (4.22 percent) and the NSE was above the 5000 mark, at 5095.75 (up 196.45 points, 3.86 percent). Among the companies we cover, all but Infomedia India were up when markets opened:


Chart made using Rediff (NSDQ: REDF) Moneywiz

Let’s see if the market holds up.

Disclaimer: I own an inconsequential number of shares of Network18 Fincap and Info Edge

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