Friday, October 30, 2020
Indian stock market started today's session with a gap up opening.Initial 30 minutes saw profit booking and pushed both indexes down. But both indices recovered as the day progressed to close the day higher.Rally was led by energy and metal stocks, supported by pharmaceutical and FMCG stocks.All...
Indian indices have witnessed a drastic fall in recent months. Nifty 50 has corrected nearly 30 % from it's high of 12340.5. In doing so NIFTY had given all the gains it had achieved in the last 3 years.Decline in the 2020 bear market is much...
Novel Corona Virus was first reported in Wuhan city in China ,in December end 2019.Since then it spread across the globe in just a span of two months.COVID -19 is a zoonotic virus. Zoonotic means animals carry the virus and spread it to humans.Critical illness is seen...
Indian market started the day with positive note with major indices gaining more than 2%. Nifty traded initial hour of trading above 8900 and SENSEX above 30000.Today RBI announced a cut in key rates to increase liquidity in the market in a policy meet .Despite cut in...
Indian equity market bounced back with gains across all sectoral indices despite 21 days lockdown across the India. Indices started the day in a narrow trading range but gained significant momentum in momentum later half of the day .Both indices closed above psychological support levels Nifty above...
Global Crude oil prices are seeing significant correction since the beginning of 2020. Brent crude oil had hit the 2020 high of $70.74 on 6 Jan.It had reached a 52 weeks low of $24.52 on 18 March. Currently its trading around $27.3.Indian crude oil basket for 1...
Stock market rally from days low, ending this week's bearish trend. All sectoral indices ended the week on positive notes.NIFTY closed the day above 8700 and SENSEX ABOVE 29900. NIFTY opened the day on a positive note following global clues but turned bearish for...
A bear market is referred to a fall in the stock market prices below 20 % from its recent high.Bear market can considerably erode the wealth of investors in a very short time.But smart investors can generate profit or restrict their losses to minimum from the falling stock...
US major indices closed in red with one of the worst days in US stock market history in fear of Corona virus.All major indices including Dow Jones, NASDAQ and S & P 500 closed in deep red. How much did each indices lose intraday?
Major indices, NIFTY and SENSEX turned negative in the last trading hour.Bear propel NIFTY to closed below 9000 and SENSEX suffered 850 points loss.Yes bank created buzz with gain of 59 %. Both NIFTY and Sensex had recovered from days early losses after yesterday's...
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