Highly volatile week (in a narrow range though) as far as Indian Stock Markets are concern! In the absence of major news (except that of corporate earnings) the Indian Stock Markets traded in the narrow range throughout the week, with the 10,500 to 10,700 range on the Nifty and 34,600 to 35,300 on the Sensex. There was some positive news like the announcements from the Reserve Bank of India on borrowing norms and minor correction in crude oil prices but that fails to help markets post
Browsing category Weekly review
Fantastic week as far as Indian Stock Market is concern! Ignoring the fact of higher crude oil prices (> 75 USD a barrel), highest bond yield in the US markets (3%) after 2014, various other global news flows and a better Q4 corporate earnings has helped both the Sensex and Nifty to reach towards the levels of 35,000 and 10,700 respectively on a week ended on 27th April 2018. The BSE Sensex gained 554 points or 1.61% whiles the NSE Nifty gains 129 points or 1.21% on a weekly basis as
After having a wonderful rally in the last week ended on 13th April 2018 (where the Sensex gained more than 550 points and the Nifty up by more than 150 points) the Indian Stock Markets witness a phase of consolidation all through 5 trading session (16 to 20 April) ahead of Q4 earnings. The Markets though enjoy a sense of positivity for the first couple of days of the week backed by Indian Meteorological Department’s (IMD) classification on having a normal monsoon this year and lower WPI
Fabulous week as far as Indian Stock Markets are concern! Both, the Sensex and Nifty witness gains all through the week (straight 7 days gains, considering gains of last 2 days of the previous week). All sorts of news whether US-China trade war tension, US-Russia clash on Syria issue, high crude oil prices or various domestic problems; the Indian Stock Markets absorb all that and keep the momentum intact throughout the week and also help the Sensex close above 34000 marks. The BSE Sensex
It was a week of volatility as far as Indian Stock Markets are concern. Handsome gains in the first couple of days of the week followed by a big correction and then a big positive move towards the end of the week. All sorts of data whether it is (1) auto sales numbers for the month of March, (2) US-China Trade War, and (3) RBI Monetary Policy outlook; keeps the benchmark indices volatile all through the week. On a weekly basis, the BSE Sensex gained 658 points while the Nifty 50 index gained
It is the kind of a week that the Indian Stock investors will remember for a long time. All sorts of news whether prolonged PNB scam, Donald Trump's tariff announcement, summoned by the SFIO to ICICI Bank’s Chanda Kochhar and Axis Bank’s Shikha Sharma, mixed macroeconomic data etc. keep both the Sensex and Nifty under pressure. For the week, both indices - BSE & NSE - lost more than 2%. The BSE Sensex lost more than 740 points while the NSE Nifty lost more than 230 points on a weekly basis.
The PNB scam, February F&O Expiry, and global cues are some of the factors that threatened the Indian Stock Market for the first couple of days of the week; even the Sensex lost more than 400 points on Monday’s trade at one point of time. But thanks to the Wednesday and Friday trade which help the Indian Stock Market to close flat to minor positive on a weekly basis. The Nifty managed to close 38 points up while the Sensex closed 132 up on a weekly basis. Here is Indian Stock Market Weekly
After having a decent rally in the January series (where the Nifty rallied 5.65% and the Sensex rose by 6.5%), the Indian Stock Markets finally entered the week which the Investors, traders and almost everyone have been waiting for a long-time “THE WEEK OF BUDGET 2018-19” Almost every citizen in the country (especially the Tax-Payer) had big hope from the budget, due to the fact that it is the last Budget of Narendra Modi led NDA government, but looking at the kinds of announcement which have