SENSEX | NIFTY nosedive as global economic worries increase

Share |

It proved to be a very bad day for Indian Stock markets as benchmark Indian indices including Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY fell by over 4 percent today as weak global economic condition of US and European economy played spoilsport. Yesterday's statement made by US federal Reserve about grim economic condition of USA pulled Global Stock markets down today.

Indian stock markets nosedived after European stock markets opened in deep red today responding to yesterday's Fed statement. All the components of SENSEX closed in red today and sectoral indices also remained miserable.

BSE 30 component SENSEX index fell by a whopping 704 points, to close at 16,361.15, its lowest close in nearly one month.

Indian Stock Markets highlights:

Read full post »

Understanding Stock markets charts for investing

Share |

There are lots of investing guides available, some of them claiming 100 percent success rate, but this all is untrue. No one can gurrantee returns in stock markets and no investment tips can claim to have 100 percent profit rates. In this post I would throw some light on another approach in choosing the best stock for investing your hard earned money into.

This approach is based on analysis of stock market charts and believe me there are negligible stock tips or stock investment tutorials present on internet which gives an insight about how to use stock market charts while investing in volatile conditions or when bearish trends are going on. You can also understand all the stock market investing tips links present on left side of my blog.

Related Posts-
Investing in volatile stock markets
NSE NIFTY charts
BSE SENSEX charts

Stock market charts are not difficult to understand by a person who has even slight analytical power. There are lots of website which provide daily stock charts or even sell charts to investment houses for analysis over a certain period of time and they all are paid and no free stock charts analysis is available on internet.

Types of Stock Markets charts available:

Read full post »