The previous 100 trading sessions have witnessed several headwinds in the form of Union Budget, monetary policy reviews by the Reserve Bank of India, worries over a rate hike by the US Federal Reserve and the latest rising co
Public sector banks hogged limelight this week so far on account of couple of important decisions related to bad loans by the Reserve Bank of India and merger approval to State Bank of India (SBI) and its associates.
Auto sector: Global rating agency Fitch said that prospects of a better monsoon, new product launches and salary hike to government employees as per the 7th Pay Commission will also provide a one-time demand boost to all auto
Monsoon expectation: Agriculture-related stocks continued to outperform benchmark indices and stayed high in May also on expectation of robust monsoon this year after consecutive years of drought in the past two years.
Crude oil prices have already surged over 30 per cent in the international as well as domestic markets this calendar year. On the New York Mercantile Exchange, Brent prices advanced to $49.59 per barrel on May 26 from $36.46
The benchmark BSE Sensex plunged over 4 per cent in the past one year till May 26, 2016, while shares of Jet Airways and SpiceJet soared 65 per cent and 248 per cent, respectively, during the same period.
During November 6, 2015 to May 25, 2016, Bharat Heavy Electricals (BHEL) surged the most — 56 per cent, it was followed by Adani Ports (up 55 per cent), Cipla (up 40 per cent) and State Bank of India (up 39 per cent).
2 years of Modi: The benchmark BSE Sensex surged nearly 5,000 points in eight months and touched its new all-time high of 29,681.77 on January 29, 2015. The 30-share index was at 24716.88 on May 26, 2014.
Many market experts can term the two-year period as fruitful in terms of slew of reforms and initiatives the government has taken during the tenure so far. But for Dalal Street, the promised 'Acche Din’ is yet to materialis