China continued to be the mainstay around which global markets revolved. The depreciation, poor factory output data, fall in commodity prices and global currency meltdown saw prices in equities, commodities and currencies take a beating. Even the Dow Jones was battered and lost about 350 points in a single day on Friday. The weekly loss […]
Posts Tagged ‘Markets’
Markets and RBI Review
August 3rd, 2015
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The week gone by was choppy and volatile. The first two days of the week saw the BSESENSEX lose 653 points and then over the next three days recover 655 points. The net weekly change was a mere 2 points but intraweek it was effectively 1308 points. Similarly the NIFTY lost 184 points and then […]
Markets this week
July 27th, 2015
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Indian markets followed the logjam in Parliament and lost on four of the five trading sessions. They had a sharp rally on Wednesday hoping that GST bill which was approved by the panel set up for examining the same would be cleared. To add to the concerns of the market, global cues were not positive […]