Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in December, 2019

Indian Markets registered a gain of 1% last month taking the markets to another all time high. IT gained by 4%, Auto by 2%, Bank Nifty by 0.50% while Pharma and FMCG lost about 2%.FII’s pumped in 7,400 crores in the equity market while Domestic Funds sold about 2,000 crores.

Read more

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in November, 2019

Indian Markets registered a gain of 1.50% last month taking the markets to all time high. Nifty crossed 12,000 mark yet again. Bank Nifty gained about 6%. Pharma and FMCG gained 4%, IT, Auto and FMCG lost about 4% last month. FII’s pumped in 23,200 crores in the equity market while Domestic Funds sold about 1,800 crores. Indian Rupee closed at Rs.71.74 for 1 US $. While the markets hit the peak, the news on low GDP growth will dampen the markets in the coming week.

Read more

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in October, 2019

Indian Markets registered a gain of 4% last month taking the Sensex above 40,000 mark again. Auto stocks rebounded with a 13% gain, Pharma and FMCG gained 4%, Bank Nifty gained 3% and IT remained neutral last month.

Read more

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in September, 2019

Indian Markets registered a gain of 4% last month after the announcement of several measures including reduction of corporate tax by the Finance Minister.BSE could regain the levels of 39,000 again.

Read more

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in August, 2019

Indian Markets were down by 1% in August with the Nifty just above 11,000 mark. While the market came down heavily during the first few weeks, thanks to the announcement of various measures to revive the economy by the Finance Minister, market recovered in the last week to minimize the losses during the month

Read more

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in July, 2019

Indian Markets were down by 5% in July with the Nifty coming closer to 11,000 levels. Uncertainty on the issues with US, China-US trade war issues, taxation on FII’s etc weighed heavily on the markets.

Read more

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in June, 2019

Indian Markets were down by 1% in June with the trade issues arising between India and US. These issues contributed to the nervousness in the market. All the sectoral indices were down with Pharma losing about 5% and Auto losing about 3%. Bank Nifty, IT and FMCG lost about 1% each.

Read more

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in April, 2019

May was a great month for the Indian Stock Market. With BJP winning the election by more seats than the previous election took the market to all time high with the Sensex crossing 40,000 mark. Overall the markets went up by 1.50% last month. However, on the sectoral indices, all the indices registered losses except Bank Nifty which zoomed by 5% crossing 31,000 mark.

Read more

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in April, 2019

Indian markets went up by 1% and the Sensex has managed to stay at 39,000 levels. All the sectors registered gains except Bank Nifty which lost about 2%. IT is the biggest gainer last month with 7% gains. FII’s invested about Rs.21,000 crores in in the equity market while Domestic Institutional Investors pulled out 5,800 crores.

Read more

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in February, 2019

Indian market was marginally down last month. Bank Nifty and FMCG stocks lost about 2% while IT and Auto stocks went up by 1.50%. FII’s invested about Rs.14,500 crores in in the equity market while Domestic Institutional Investors invested 5,700 crores. Indian Rupee closed at Rs.70.72 for 1 US $.

Read more