NIFTY TRACKER: Key Events during the week....

Monday, November 15, 2010

v India’s Industrial production (IIP) for September 2010 is at 4.4% versus 8.2%YoY

v Food inflation declined for the 4th week consecutively to 12.30% from October 30

v India's foreign exchange reserves rose to $300.214 billion as on Nov. 5

v India's apparel exports returned to a growth trajectory expanding year-on-year by 2.5% to US$743mn in September

v West Bengal government increased the VAT rate on luxury items by 1%, from 12.5% to 13.5% for additional resource mobilization

United States of America

v US Job openings dropped by 163,000 to 2.93 million in September

v US Jobless claims declined by 24,000 to 435,000 in the week ended Nov. 6

v US government posted a smaller budget deficit of $140.4 billion in October

v US consumers’ index improved to 69 from of 67.7 in October

v US wholesalers Inventories climbed 1.5% in September

Europe

v Europe’s economic grew 0.4% in the 3rd quarter

v U.K. manufacturing rose 0.3% in August

v German economic growth slowed & rose 0.7% in the 3rd quarter

v France’s economy grew 0.4% in the 3rd quarter

v Italian industrial output plunged 2.1% in September

Asia Pack

v People’s Bank of China ordered an increase in bank reserve requirements by 50 basis points

v China inflation rose to 5% in October

v China's trade surplus widened to US$27.15bn for the month of October

v Moody’s Investors Service raised China’s foreign and local debt rating to "Aa3" from "A1"

v Japan’s Consumer confidence in Japan fell to 41.1 points in October

v Japan's current-account surplus rose to $24.1bn in September

(01/11/10 to 06/11/10)

NIFTY TRACKER