Sensex may gain momentum in second half this year
Sensex tanked three days in a row this week forcing the investors to believe that they might have to press the panic button anytime soon. Sensex dropped nearly 289 points on Friday to a 5-month low on brisk selling in heavy-weight financial companies, on investor concerns about rising interest rates in view of high inflation and weak cues from the Asian peers.
Inflation and rate hike fears have discouraged FIIS to invest in the Indian stock market thus pushing it towards more volatility. This January alone, foreign funds have pulled USD 900 million from Indian equities. This is a sharp contrast with the record USD 29.3 billion which the FIIS pumped in last year.
Although the Reserve Bank of India (RBI) in its monetary policy raised key policy rates this week, inflation is something which is continuing to haunt the market. This is for the seventh time since March that RBI has hiked its lending and borrowing rates. With food price rises well in the double digits and a real risk, this is definitely going to spill into the economy. But the bigger question is: Will it further result in blood bath for the Indian stock market?
Rapid recovery in the OECD market has also disturbed the Indian stock market as the FIIs see better scope in investing in the stable G-7 economy. But the chaos in Dalal Street does not seem to be perpetual. The scene becomes very clear for the short to middle term business. Although fears of rate hike by the RBI coupled with soaring food prices will keep the investors feeling jittery about investing in stock market, the second half of the year might ease some pressures.
Since during the second half of this year rabbi crop will be ready, the investor can possibly get rid of the fear of food inflation. The Finance Ministry has also expressed hope of bringing the inflation to single digit by March-April, so hike in the key rates might not be required. Hence in the long term there is a safe passage for the equation in investment. Speculation for the high and low of the year can thus be counted somewhere from 16,000 to 22,000 level. So there is nothing to get fidgety incase the Sensex slides to 16,000 level because after that the market will again start moving northwards and crossing 20,000 level won't be a tough thing.
Questions and Answers
We do watch our TV screen or websites flashing business alerts but many of us happen to ignore them and brush away to other pages of importance.
If you are thinking to invest in stock market then closely watch BSE sensex nifty calculations and news every day so than you can develop powerful investment plans.
BSE sensex is a terminology given to the calculation of the stock of various companies. The sensex replicate ups and downs in the business market of Mumbai.
It is gold and gold that has hit the headlines in many a business news section on web and other broadcasting mediums. Yes, gold futures scale fresh peak of Rs 28,347 per 10 grams on global economic slowdown.
What is so special about Indian news these days? It is news carrying detailed reports about Anna Hazare and his fight for corruption supported by lakhs of supporters.
Think about business news in India and you will be transported to the terrain of sensex and NSE nifty.
In USA, one of the leading brands that offer diverse and high quality products promoting proper hygiene is Difresh USA. If you are looking for the best opportunity to grow and have the opportunity for a new business Difresh USA can help you for they are looking for Exclusive Local Distributors
Getting clean and refresh doesn't sacrifice the place where you are for it should be a habit. Having a healthy body will allow you to do things right and good. And no matter where you are you should practice a healthy and proper hygiene even in little things you do.
Maintaining a healthy and proper hygiene badly needs products that are truly effective and could truly answer our need for this. No matter where we are and at anytime we want to get clean we basically need these products right away and only Difresh USA can supply these in a very easy way
The key reason why some firms thrive while some implode during an financial recession is still a puzzle to many people business-owning business owners. Some wrongly assume that all businesses should suffer via recessionary cycles. But the truth is that some companies are usually essentially recession-proof, and it is not necessarily because they are much larger, better known, or a lot more generously capitalized.
Companies like Arch Coal (ACI) and Massey Energy (MEE) watched his or her stock climbed.
After a short spam of rally, Dalal Street again saw an all round selling last week with a loss of nearly 4 percent.
Times have changed and with it has changed news. And needless to say, news if not served piping hot is of no use. Some even that happened yesterday has lost its value today; such is the reach of news mediums in today's age.
Taking support from better than expected Q2 performance by Infosys Tech the BSE benchmark Sensex has gained by over 850 points last week but investors are still cautious over the future prospects.
No one can deny the charm of an old radio set and the running commentary that people would keep themselves hooked to for hours just to hear the commentator say the magic number- the live cricket score and presto you would again be busy in your daily chores whether at office or at home only to return after sometime to know the latest development.
The first thing that a cricket fan would demand in the morning apart from a cup of hot coffee is the latest cricket news.
Discuss this Article
