Live stock market
A volatile week for Indian markets, The Nifty50 which reclaimed 11,800 levels
If you want more information regarding the market News & many other tips like Intraday Tips, MCX Free Tips, Indore Advisory Company, Bullion Market Tips, Share Market Tips In Hindi, Bullion Energy Tips, NSE & BSE Market Tips, Free MCX Market Tips, MCX Premium Tips, Live commodity tips.
A volatile week for Indian markets, The Nifty50 which reclaimed 11,800 levels
A volatile week for Indian markets! The Nifty50 which reclaimed 11,800 levels failed to keep the momentum going as geopolitical concerns spoiled the party for bulls.
The index closed 0.84 percent lower while the S&P BSE Sensex ended 0.65 percent down for the week ended June 21.
In the broader market space, the S&P BSE Midcap index fell 0.65 percent while the S&P BSE Smallcap index saw a decline of 1.96 percent in five sessions. The bigger carnage was seen in the broader market space. Data from S&P BSE 500 index suggest that as many as 23 stocks fell 10-30 percent in just five sessions which include names like Jain Irrigations, Graphite India, Reliance Communications, SpiceJet, Dilip Buildcon, and Birla Corp., etc. among others. The market remained volatile throughout the week amid dovish commentary from US Federal Reserve as well as European Central bank (ECB). However, trade war concerns, RBI minutes of the meeting which fuelled growth worries, rise in crude oil prices, delay in monsoon and a fall in foreign investor flows capped the upside.
The statement from the RBI governor that the Indian economy has been losing traction and need a decisive monetary policy further dampened the sentiment,
Get Unlimited Profit, With No Lose - https://urlzs.com/2VLTM
