Tag: Stock MArket
LIC loses ₹16,580 crore in Adani shares
The Life Insurance Corporation of India (LIC) is a state-owned insurance company in India.
It is the largest insurance company in India and has...
Market on January 13: Sensex, Nifty Close at High Records
Indian markets closed at record highs today, driven by profits in IT and metal stocks. The Sensex surged 258 points to a fresh closing high of 41,858. The Nifty ended at 0.6% higher at 12,333, its first end above 12,333.
How to Be Prepared for Upcoming Recession In 2021?
Not all recessions are the same. Some can persist long while others are short-term. Some produce lasting effects, while others are soon forgotten. Some paralyze entire economies, while others are much more targeted, affecting specific divisions within the economy.
Sensex Falling, Nifty Over 12,000: Factors Responsible for Weak Market
Indian stocks dropped today between volatile trade, tracing vulnerable global markets. The Sensex closed 126 points below at 40,675 while Nifty ended at 11,994, down 0.45%. Banking, auto, metal, and pharma stocks began the drop today. Yes Bank shares fell 7% while Tata Steel fell 5% and Vedanta dipped by 3%.
Rise in Price of Crude oil Affects trade, Economy and Stock...
India is the exclusive merchant of goods ($126 billion in 2017) and oil ($74.7 billion) is the most influential category among imports. India imports 86% of its yearly crude oil demand. Since the payments are done in US dollars, India’s debt will depend on crude rates as well as on the USD/INR exchange rates.
Stock Market Forecast for 2020: What all to expect
The past two years both illustrated the point that foretelling the short-term future of stock returns is incredibly hard to get right, and almost impossible to achieve consistently. Nevertheless, history can be a helpful guide, and some unfinished news headlines could have some short-term connections on the stock market in the year ahead.