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(16/1/2015 StockInvestingTips Bureau) - It turned out to be a lacklustered day for Indian stock markets. Benchmark indices opened in red today as investors booked profits from recent bull run. Soon Sensex recovered and remained rangebound through-out the
Friday, January 16, 2015
Thursday, January 15, 2015
Indian Stock markets in off-beat mood as RBI cut rates
(15/1/2015 - StockInvestingTips Bureau) - It turned out to be surprisingly good day for Indian stock markets today. Sudden reduction in repo rates by RBI from current 8 percent to 7.75 pts, a reduction by 25 basis points. provided much needed boost to investor sentiments. It came in as a surprise as any decision on repo rate was to be announced by RBI on february 3, 2015. Special thanks to falling oil prices, which helped in easing inflation.
It should be noted that it is first repo rate cut of 2015 and first since may 2013. Bombay Stock Exchange's benchmark index SENSEX anded the day at 28075.55 pts, up by a whopping 728.73 pts which is a increase of 2.5 percent. Similarly broader index NIFTY 50 also closed up by 216.60 pts at 8494.15 pts. Realty sector was happiest as optimism about fall in home loan prices rose.
It should be noted that it is first repo rate cut of 2015 and first since may 2013. Bombay Stock Exchange's benchmark index SENSEX anded the day at 28075.55 pts, up by a whopping 728.73 pts which is a increase of 2.5 percent. Similarly broader index NIFTY 50 also closed up by 216.60 pts at 8494.15 pts. Realty sector was happiest as optimism about fall in home loan prices rose.
Wednesday, January 14, 2015
Weak global cues hits Indian Investor sentiments
(Jan 14, 2015, StockInvestingTips Bureau) - Indian investor sentiment continues to remain low as benchmark Indian stock indices including Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY 50 ended again in red today. Weak global sentiments have fed stock market bears all over the world and Indian stock markets are no different. Dwindling oil prices have put pressure on Oil and Gas sector as the stock prices of oil companies are falling after flooding of shale oil by USA across the globe.
Why are oil prices falling globally?
30 component SENSEX closed lower by 78.91 points and settled for the day at 27346.82 points. Similarly NSE's NIFTY 50 closed at 8277.55 points, down by 21.85 points. 19 out of 30 components of SENSEX ended in red. ITC led the list of losers today after government agreed to pass strong anti smoking bill. Almost all of the sectoral indices including FMCG index, Realty, banking, oil and gas index, Consumer durables ended in red today whereas IT index ended the day in green.
As global investor sentiment still remains weak we should see more selling in coming days particularly in oil and gas sector stocks.
Why are oil prices falling globally?
30 component SENSEX closed lower by 78.91 points and settled for the day at 27346.82 points. Similarly NSE's NIFTY 50 closed at 8277.55 points, down by 21.85 points. 19 out of 30 components of SENSEX ended in red. ITC led the list of losers today after government agreed to pass strong anti smoking bill. Almost all of the sectoral indices including FMCG index, Realty, banking, oil and gas index, Consumer durables ended in red today whereas IT index ended the day in green.
As global investor sentiment still remains weak we should see more selling in coming days particularly in oil and gas sector stocks.
Tuesday, January 13, 2015
Indian stock markets decline as investors book profits
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.
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.
Wednesday, December 17, 2014
SENSEX | NIFTY continue in decline mode
Welcome to StockInvestingTips, your one stop website for daily updates from Indian stock markets.
Downward trend of major Indian stock indices continued today as benchmerk indices including BSE's SENSEX and NSE's NIFTY ended the day in red. Bombay Stock Exchange's SENSEX has already lost 1900 points in this month and with weak global economic sentiments,it is set to decline further.
The S&P BSE Sensex closed down by 71.31 points at 26,710.13. The 30 component index hit a low of 26,469.42 and a high of 26,871.91 in days trade.
Broader index NSE's Nifty declined by 37.80 points at 8029.80. The index hit a low of 7,961.35 and a high of 8,082 in day's trade today.
News about LIC purchasing stocks helped in improving investor confidence and key stock indices gained towards end of day after falling by over 250 points today.
Downward trend of major Indian stock indices continued today as benchmerk indices including BSE's SENSEX and NSE's NIFTY ended the day in red. Bombay Stock Exchange's SENSEX has already lost 1900 points in this month and with weak global economic sentiments,it is set to decline further.
The S&P BSE Sensex closed down by 71.31 points at 26,710.13. The 30 component index hit a low of 26,469.42 and a high of 26,871.91 in days trade.
Broader index NSE's Nifty declined by 37.80 points at 8029.80. The index hit a low of 7,961.35 and a high of 8,082 in day's trade today.
News about LIC purchasing stocks helped in improving investor confidence and key stock indices gained towards end of day after falling by over 250 points today.
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