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Showing posts with label sensex this week. Show all posts
Showing posts with label sensex this week. Show all posts

Sunday, March 27, 2011

BSE | NSE ends two week selling spree



Indian stock indices including Bombay Stock Exchange's SENSEX and National Stock exchange's NIFTY gained over5 percent in last week.

Bombay Stock Exchange bellwether Sensex saw buying activity through out the week and surged by 936.83 points, or 5.23 percent. The stock prices of IT companies gained the most on friday over news that STPI should be extended by one more year, which should not be done as IT market is currently on rise and extension is not required at all.

Sunday, March 20, 2011

Indian Stock Indices crying since two weeks now


Major world stock indices remained down for two consuctive weeks, first was the Earthquake in Japan followed by TSunami, which devastated world's third largest economy and would surely increase the debt of japanese government to new highs, The second reason was rising unrest in middle-east Libya and now Bahrain, The main reason for middle-east unrest is oil and according to my own judgement this is being propelled by developed economies headed by biggest and worst USA, looks like they want to own each and every oil field of world. Time for downfall of US has already started and that is in form of China. Indian stock markets are down, SENSEX and NIFTY closing in red for two weeks in a row.

Coming back to Indian stock markets, In past two weeks- RIL(Reliance Industries Ltd) fell the most in nearly 11 months and closed 3.7% lower at 993.2.

The 30-share BSE SENSEX index declined 1.49%, or 271.06 points, to 17,878.8 in this week. FDI or black money invested in indian stocks have taken ack 1.7 billion thus pulling SENSEX down by more than 12 percent.

 

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