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Tuesday, January 13, 2015

Indian stock markets decline as investors book profits

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Greetings from StockInvestingTips, your one stop website for daily stock market tips and updates from Indian stock markets.

Major Indian stock indices including Bombay Stock Exchange's benchmark SENSEX and National Stock Exchange's NIFTY 50 index closed in red today as investors booked profits from previous rallies. Falling oil prices also lowered investor sentiment.

The 30 component BSE's SENSEX ended the day at 27425.73, down by 159.54 points. National Stock Exchange's broader index NIFTY ended the day at 8299.40, declining by 28.30 points today.

All the sectoral indices remained in red with healthcare and FMCG sector indices only the exceptions. Crude oil is all set to fall further as OPEC has decided against the output cut, probably they can sustain their economies until US starts feeling pinch of increased production cost of shale oil. Oil is all set to fall until mid of 2015 with price predicted to touch as low as 30 USD per barrel.

2 comments:

  1. Today, share market (BSE & NSE) has been downfallen. The same thing happened yesterday. In such scenarios, can anyone provide me some effective share tips for tomorrow so that I could make a huge profit by investing in share trading?

    ReplyDelete
    Replies
    1. there are lot of factors which should be diligently looked upon and analyzed before pinning a particular stock to invest in. You can go thorough my blog posts which tells tips for selecting a stock. IF you are asking about general share market tips then the major point to remember is that since everything is global these days hence you should analyze Asian peers, BRICS stock markets and US stock markets to gauge investor sentiments. One stock which would give good returns in 4-5 years time frame is that of Adani enterprises.

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