The stock market decline in the dollar index and sharply down Wednesday due to the rupee crossed 68 levels 4th September 2013 the lowest level. On the other hand, Wednesday from 12 noon to fall in Asian markets, the Sensex and Nifty 7300 has come down to 24,000.
Volatility in the market in the last 18 months, the stock market has reached the pre-Modi era. In May 2014, Modi was sworn in as Prime Minister at that time was the level of 24693 index Sensex today and then get around is trading at the same level. On Tuesday, the stock market is closed at the level of 24480. Government had high expectations from the market due to which the Sensex had touched all-time high of 30034 in March 2015. But the reforms have not predictable and global factors has come on the market 52-week lows.
Both domestic and foreign factors are impacting on the market. In the first 15 days of the beginning of 2016, FIIs have sold over 5,500 crore from the market. The market had high expectations from the government. GST government, spoke of the Land Ordinance Bill infrastructure investments but are stuck with the bill that reforms the car also has to keep pace.
GST bill and the Land Ordinance, the bill is stuck for a long time and the next session is not see any hope of getting near it. In addition to global factors, domestic factors also influenced the market slowdown in crude and commodity prices on the world's economy is seeing. Crude has slipped below $ 30 a barrel. The sell-off in world markets is seeing.
Volatility in the market in the last 18 months, the stock market has reached the pre-Modi era. In May 2014, Modi was sworn in as Prime Minister at that time was the level of 24693 index Sensex today and then get around is trading at the same level. On Tuesday, the stock market is closed at the level of 24480. Government had high expectations from the market due to which the Sensex had touched all-time high of 30034 in March 2015. But the reforms have not predictable and global factors has come on the market 52-week lows.
Both domestic and foreign factors are impacting on the market. In the first 15 days of the beginning of 2016, FIIs have sold over 5,500 crore from the market. The market had high expectations from the government. GST government, spoke of the Land Ordinance Bill infrastructure investments but are stuck with the bill that reforms the car also has to keep pace.
GST bill and the Land Ordinance, the bill is stuck for a long time and the next session is not see any hope of getting near it. In addition to global factors, domestic factors also influenced the market slowdown in crude and commodity prices on the world's economy is seeing. Crude has slipped below $ 30 a barrel. The sell-off in world markets is seeing.
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