Market Updates

Entries for date "August 2018"

Monthly Update - August 2018

Market Update

Sensex has gained 14% since the beginning of this year and NIFTY has gained 11.2% during the same period. The Corporate Earnings of April - June quarter led to a better performance of firms in FMCG, Information technology and Pharma sectors. But the trade deficit widened to USD 18.02 and rupee value depreciated to 70.65.

 We will analyze the market condition by understanding the below factors: 

  • Trade Deficit ...
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Monthly Update - July 2018

Market Update

The domestic stock indices Sensex & Nifty hit the lifetime high. Sensex reached 37500 level for the first time and NSE Nifty reached a peak of 11300 level. The increased corporate earnings resulted in positive investor sentiments. Also, the rising dollar rates increases the revenues of sectors such as IT and Pharma. This, in turn, results in a chain reaction of growth and positive sentiment in the market. Though the ...

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