SENSEX up 270 pts | NSE Indian Stock markets up

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Indian stock markets remained in green today as it took cues from yesterdays rally at US Stock markets. But should fall tomorrow due to weak global economic uncertainity. Also technical analysts are of view that the relief rally may not last long and downward correction may be in the offing as technical indicators are still bearish.

Bombay Stock Exchange's Sensex closed at 17130.51, up 272.60 points.The 30-share large-cap index touched intraday low of 17022.25. Market breadth was positive on the BSE with 2205 gainers against 696 declines.

National Stock Exchange's Nifty closed at 5161, up 88.15 points. The broader index touched a high of 5197.95 in daytrading today.

Indian stock markets highlights for today:

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BSE | NSE down as Euro debt , US downgrade weighs

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A very good evening to visitors of livebombaystockexchange. Indian stock markets remained in red today as global uncertainity, euro debt crises and US credit downgrade pulled asian stocks down. Te broader index National stock exchange's NIFTY below 5075 levels today.

Bombay Stock Exchange's 30 component large-cap Sensex closed at 16857.91, down 132.27 points. The index touched a low of 16432 and high of 17135.04 in intraday trade today. IT stocks , metals and pharma stocks remained the worst hit today.

Similarly National Stock Exchange's broader index Nifty closed at 5072.85, down 45.65 points today. The index touched a high of 5167 in daytrade today.

Indian stock markets highlights for today:

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US Economy voes pulls SENSEX | NIFTY by ~2 percent

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A very good evening to visitors of livebombaystockexchange. The news is same across the globe today. World stock markets are bleeding after US credit level downgrade by Standard and Poor. Meanwhile investors are moving from stock investing to gold investing as the yellow metal setting all time high records daily.

Benchmark Indian stock indices like Bombay Stock Exchange's 30 component SENSEX and National Stock Exchange's NIFTY closed down by 1.82 percent and 1.72 percent resp. The sentiments at world stock markets is pessimistic with major economic power USA economy in doldrums and debt rise by US parliament providing no help due to weak economic basics.

Bombay Stock Exchange's Sensex closed today at 16990.18, down 315.69 points. The 30-share index touched intraday low of 16759.45 today.

Indian Stock markets highlights for today are as following:

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[Stock Investing] - Average daily stock volume

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You might have seen something like volumes traded at end of day analysis of many stocks on busines channels, economic times, financial news papers and may be at many other websites too. So in this post I would give a brief about what does "Average Daily share Volume" means actually and how it is important indicator for knowing where that stock is heading.

If I go by bookish definition of "Average daily stock volume" it comes out like this - Average daily share volume is the volume of a specific stock that is traded in a day over a period of time. Average daily share volume is calculated to determine the liquidity a particular stock in a market.

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Effect of Inflation on Stock markets

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Inflation, as we all know is biggest enemy of investors as well as common man. Inflation has basically has same effect in stock markets as it has in normal day to day life. Actually Inflation and Indian stock markets work hand in hand. If we see definition of inflation : "sharp and persistent rise in prices of commodities every year"

Here are effects of Inflation on stock markets:

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SENSEX | NIFTY witness blood bath closes in deep red

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Major Indian stock markets like the Bombay Stock Exchange and National stock exchange's benchmark indices 30 component SENSEX and broader index NIFTY witnessed heavy selling similar to what is being witnessed at global stock markets and news that second dip of 2008 recession has arrived with world stock markets setting back by over 4 percent.

With SENSEX closing today at a 14 month low and world stock indices witnessing second dip, the future probably looks very bleak to investors who are taking their money out and would probably invest in gold for better returns, So I would not be surprised if gold hits a new record now.

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