The Indian Stock Market, especially the Sensex which has made new highs just a few days back (touched an intraday high of 38000 for the first time) and on the other hand the Indian rupee has been witnessing chaos against the US dollar making it extremely difficult for the equity Investors to take a call, to invest in equities or not to invest in equities? The Indian currency breached the INR 70/USD mark for the first time and has now depreciated close to 10% in the year 2018 against the US
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The markets continued to soar and record fresh historic highs amidst high volatility again on the 3rd week of 2018. The Nifty 50 gained 214 points while the BSE Sensex gained 920 points on a weekly basis. Here is a Weekly Review (15 Jan 2018 to 19 Jan 2018) by Finblab. 15-JAN-2018: The Indian Stock Market continued its upward journey on Monday as well. Both the indices NSE and BSE remaind firm all through the day backed by strong domestic buying. The BSE Sensex rallied 252 points to 34,844
Weekly Review: 8 Jan 2018 to 12 Jan 2018 8-JAN-2018: After a steady start in the 1st week of 2018 (Sensex up by 96 points and Nifty up by 28 points on a weekly basis) the market was in a bullish mode on the first day of the 2nd week of 2018 - thanks to positive global cues and post GDP estimates and credit growth data. The 30-share BSE Sensex rallied 199 points to 34,353 while the 50-share NSE Nifty closed above 10,600-mark for the first time in the history, gaining 64.70 points at
Weekly Review: 1 Jan 2018 to 5 Jan 2018 1-JAN-2018: After decent returns in 2017; (Nifty 28%) and (SENSEX 27%) the markets open with a week note on the very first day of 2018. Though the benchmark indices remained range bound in the first-half, heavy selling from the Foreign Investors in the second-half drag both the Sensex and Nifty down and closed with a negative mark on the 1st day. 2-JAN-2018: Benchmark indices closed range bound session on a flat note but the markets corrected
Salasar Techno Engineering Limited zoomed on listing. The share closed higher by 151.95% at Rs 272.1 per share in Tuesday’s trading session on BSE. The stock was offered at Rs 108 per share. It touched an intraday high of Rs 272.10 and closed at the same level when the market ends. This IPO consisted of issuing equity shares of face value of Rs 10 each for cash, comprising of a fresh issue of equity shares aggregating up to Rs 35.87 Cr and an offer for sale of up to 3,321,000 equity shares by
The Reserve Bank of India (RBI) has kept the key rates unchanged in its June 2017 policy. Click here to see what FinBlab has analyzed. Reserve Bank of India kept the repo rate unchanged at 6.25% but cut statutory liquidity ratio by 50 basis points to 20%. RBI is watchful on (1) The impact of GST on prices and (2) How the monsoon will progress to take any further action. Here is a snapshot of the rates - Disclaimer: The contents and data presented here are just for your