I am pleased to attach the Economy / Market Snapshot covering all the major events in March, 2017.
One more financial year has come to an end. New financial year 2017-2018 is beginning today. Hope we will have a very fruitful and prosperous year ahead ! Happy new financial year to each one of you!Indian market closed at all-time high in March with a 3% gain in one month. Except Pharma all the sectoral indices moved up, significant being FMCG and Banks. FII’s invested over Rs.30,000 crores in the Indian Equity market. Indian Rupee is now closer to Rs.65 mark to 1 US Dollar. Crude prices fell resulting in reduction of Petrol and Diesel prices. Gold and Silver prices were down last month. After trading high, the Dow in US fell last month with the events unfolding on the Obamacare. Unprecedented victory in the polls by BJP in Uttar Pradesh brought cheers to the market and helped the market to scale yet another peak.Read more