Logix Microsystems Ltd. (LML) is a niche automobile imagery product developer offering various specialised online products and web solutions mainly to the US automobile industry. It provides customised web solutions and online marketing platforms to automobile OEMs, web portals and automobile dealers in the US. The company services over 500 auto dealers with over 1,200 […]

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Asian markets extended Friday’s slide today as well. The Hang Seng posted a fresh low of 11,960 this morning, while the Nikkei remains volatile. Other Asian indices including Kospi are taking a breather after last week??™s sharp decline.
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With the Asian markets sliding further down this morning, today is all set to be another day for the bears. The Nikkei is down 600 points, dropping below the 8,000 level for the first time since May 2003. The Kospi fell below the 1000 level a level witnessed for the first time since June 2005. […]

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Asian markets plummeted this morning on fears of a global recession. A major sell off in the exporter stocks pulled the Nikkei down to its lowest level in over five years. The Hang Seng is trading below its sentimentally crucial support level of 14,000. Back home, Indian markets are seen following global cues. Yesterday, the […]

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A strengthened Yen brought the Japanese markets down this morning. Overnight fall of the US markets also led to negative sentiments in Asian markets. Fears of global recession are mounting. We expect Indian markets to perform in line with their global counterparts and remain negative today. Apart from the weak global cues we may see […]

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Following the strong overnight close of the US markets, the Asian markets have followed suit this morning. The market??™s reaction to the repo rate cut by RBI is largely positive. However, the prime minister has warned of slower economic growth during the current year. We believe stocks have been oversold over the last week in […]

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Following cues from the US markets, Asian markets opened weak today. Fresh worries of a slowing global economy have impacted stocks of shipping companies and exporters in Asian markets. While the Nikkei is volatile, the Hang Seng recorded a sharp drop early in the session.
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Asian markets predictably opened strong this morning, following the rally in US stocks overnight. The Nikkei gained 13% this morning, boosted by from international government measures to pour cash into struggling banks and restore confidence in the global financial system. Following the government interventions across continents, the market slide seems to have been reversed for […]

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Asian markets fell sharply this morning, after deep losses in the US markets. The Strengthened yen (JPY) pushed the Nikkei dropped below the 10,000 level for the first time since December 2003. The RBI and Sebi have announced few steps to reduce the liquidity crunch in India. While RBI reduced CRR by 50bps, Sebi eased […]

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Asian markets have opened weak today due to increasing worries of the global financial crisis spreading to Germany, Europe’s largest economy. Back home, Sebi has called a meeting to discuss the impact of financial turbulence on Indian capital markets. It is expected to ease PN norms to bolster capital inflows, which have been slowing down […]

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