Investors put up a staunch fight against the prolonged 4-day fall on Dalal street on Friday resulting in the Sensex bouncing back almost 2,000 to 29,916 points while Nifty made its way to 8,883 points by the closing bell. In the end, all Sensex components other than Indusind Bank and HDFC were trading in green, …
The stock market crash of 2020 is officially here. On 20th March, as soon as trading began at around 9:30 am on Dalal Street, it had to be halted for around forty-five minutes. Both Nifty and Sensex crashed. Sensex fell to 20,687.52 by 3,090 points. Nifty fell below 10% to under 8,700 points. Once trading resumed …
As the novel coronavirus grew into an official pandemic, the CDC advised that most people stay home to practice social distancing across all affected counties. Naturally, market moves were quite steep on Monday, March 9th. Here are all relevant updates regarding India’s benchmark indices, US Markets, Asian Markets, global commodities, and others in the two …
As trading commenced on Friday the 13th, the looming fears of the Coronavirus pandemic bundled with various other factors made the Nifty nosedive 10% to 8,624 and the Sensex crash by 9.4% to 29,687, resulting in a nation wide trading-halt for the first time in 12 years. What followed in line for the next few …
Yes Bank’s announcement earlier this month of a record loss of over Rs. 18, 500 in the quarter ending on 31 December, 2020, resulted in the bank being placed under moratorium by the Reserve Bank of India. During this time, the bank suspended a lot of its activities and depositors were not allowed to withdraw …
This 28th of February recorded one of the worst Indian stock market crashes within a single day wiping away approximately ₹5 crores in investor funds. This major drop was influenced by the global scare of the novel coronavirus, officially known as COVID-19, turning into a pandemic. There was a 3.5% drop in Indian indices which is …
What is a Fibonacci Retracement? As Fibonacci’s famous numbers are expressed in nature very often, traders commonly believe that they influence the financial market as well. One widely employed trading tool among experienced investors is a Fibonacci retracement. A Fibonacci retracement is a series of horizontal lines on a stock chart conceived using the ratios from the numbers …
India’s Stalling Economy in 2019 India’s GDP growth has decelerated for the last 8 months. However, experts would argue that it’s been slowing down since the middle of 2018. In the April to June quarter of 2019, growth in India’s GDP grew by 5%. This number had been anticipated by experts as India’s economic growth has …
With the evolution of the capital markets, new ideas and strategies are reaching Indian shores. The acceptance of fresh ideas leads to the emergence of new investment strategies, which eventually result in new financial products. The latest idea to gain traction in Indian investing circles is thematic investing. However, thematic investing in India is yet to gain …
While the bond markets had factored another rate hike during calendar year 2018, they had really not bargained for two rate hikes in succession. But, that is exactly what the Monetary Policy Committee (MPC) did on August 01st. After a 2-day meeting, the MPC decided to effect the second 25 basis point hike in the …
