Showing posts with label Happy Dussehra by Nisha Dubey. Show all posts
Showing posts with label Happy Dussehra by Nisha Dubey. Show all posts

Saturday, 26 December 2015

Why next week is so pivotal for the stock market

The last week of the year will be 2015's represent the deciding moment time for stocks and also offer some imperative pieces of information about the new year. The S&P 500 is scarcely positive for the year, up only 0.1 percent since January 1. It pulled back somewhat Thursday, after a surge that drove it up 2.8 percent to 2,060 in the short trading week. Down 1.5 percent year-to-date, finished Thursday at 17,552 with a 2.5 percent pick up for the week. The Nasdaq is the champion, up 6.6 percent year-to-date.

So the end week in an emotional year for stocks will choose the entire year's execution for the major records. Last possible minute isn't exceptional. Keep in mind in 2011, when the S&P 500 shut down at 1257.60, level yet lower than 2010's end esteem by not exactly a tenth of a point.

Friday, 6 November 2015

NIFTY SENSEX BOTH STRUGGLE AND ENDS ON RED

Friday's trade before ending the day in the red, as worries over the actual outcome of Bihar election. It was the second consecutive week of negative closing for the market.

Sensex slipped 39 points, or 0.15 percent, during the day to close at 26,265 while the 50-stock barometer Nifty50 ended the day at 7,954, down 1.15 points, or 0.01 percent.

The market thinks it will be hard for the Modi government to win the Bihar election. That, coupled with somewhat in-line results, are weighing on sentiments," said Aneesh Srivastava, Chief Investment Officer at IDBI Federal Life Insurance.

BUZZING STOCKS TODAY

  • SBI surged over 4 percent in intraday trade.
  • Bank of Baroda gained 4 percent in intraday trade.
  • Motherson SumiBSE 9.59 % gained over 8 percent in intraday trade.
  • Godrej Consumer Products rallied over 5 percent in intraday trade.
  • IDFC cracked over 7 percent in intraday trade. 
  • Dr Reddy's slipped over 15 percent in intraday trade. 
  • PFC Finance was down over 8 percent in intraday trade.  
  • DEN slumped over 9 percent in intraday trade.