The S&P BSE Sensex closed above 40,000 points for the 1st time on May 23, 2019 with the euphoria experienced due to the Narendra Modi led NDA Government coming to power for yet another term. Nifty also surpassed the 12,000 level for the first time in the history. Indian Stock Market History The stock markets in India began way back in 1875. The BSE (Bombay Stock Exchange) is the most established stock exchange in India. The history of Indian stock trading begins with 318 persons taking
Browsing tag: BSE
I hope all you stock market lovers have read one of my article Indian Stock Market Journey. If you have gone through the article thoroughly, you have come across some numericals showing SENSEX journey from 100 points (1979) to 40000 points (2019). In these 40 years, SENSEX has given multifold returns; much bigger than any other asset class. You may get lured by such returns and hoping to get the same. But, multifold returns are achievable only through high-risk asset class investing (like the
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
Bombay Stock Exchange (BSE) owned Central Depository Services India Limited (CDSL) is planning to raise about Rs. 524 Crore through an initial public offering (IPO). Company Background Incorporated in 1999, Central Depository Services (India) Limited, a subsidiary of BSE Limited operates as a securities depository in India. CDSL offers various services including (1) account opening, (2) account statement, (3) bank account details, (4) change in address, (5) dematerialization, (6) nomination,
CEMENT Sector: Q3 was disappointing for the Cement sector. Only a few companies were able to show decent profit numbers, while revenues were not so encouraging. As far as numbers are concern, the profits of two companies were down in the range of 53% to 86%, while revenues were flat to negative. Market leader "Ultratech Cement" has posted 6% jump in profits and the revenues were down about 2%. The star performer in the sector for the quarter ended 31 December 2016 was "Dalmia