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Weekly Market View – 25th April 2020

Indian Market Outlook: The Key benchmark indices remains consolidated over this week due to rising cases of coronavirus cases along with the hope of second stimulus package. Also Global tech giant Facebook signed a binding agreement to purchase 9.99 per cent equity stake in Jio Platform, boost the market sentiment. In the week ended, the…

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Weekly Market View – 18th April 2020

Indian Market Outlook: The Key benchmark indices climbed this week on the hope of second stimulus package and RBI announced liquidity measures to support the economy and coronavirus pandemic. The rally in BSE Sensex and Nifty 50 was supported by the gains in banking and financial stocks. In the week ended, the S&P BSE Sensex…

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Weekly Market View – 11th April 2020

Indian Market Outlook: Domestic stock markets climbed up nearly 13 per cent in the holiday-truncated week. In the three-day trading week, the S&P BSE Sensex index added a total 3,568.67 points to clock a gain of 12.93 per cent, whereas NSE Nifty 50 benchmark rose 1,028.1 points or 12.72 per cent. BSE Mid Cap Index…

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Weekly Market View – 4th April 2020

Indian Market Outlook: The Key Bechmark indices fell over 6-7% this week due to rising cases in India and Worldwide. The number of coronavirus infections in India inched closer to 3,000 on Friday, with a surge in Delhi, Tamil Nadu and Telangana. The United States also recorded nearly 1,500 deaths from COVID-19 between Thursday and…

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Weekly Market View – 14th March 2020

Indian Market Outlook: The Key benchmark indices on the BSE and NSE staged their sharpest single-day recovery after they hit a lower circuit of 10 per cent on Friday morning. The S&P BSE Sensex surged 1,325.34 points or 4.04 per cent while the Nifty 50 climbed 365.05 points or 3.81. However the Key benchmark indices…

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Weekly Market View – 7th March 2020

Indian Market Outlook: The Key benchmark indices fell around 2 percent over the week due to Yes Bank crisis and the rising number of coronavirus cases. COVID-19 cases surpassed 100,000 worldwide on Friday as the new flu-like coronavirus continues to spread outside of China, the epicenter of the outbreak. In the week ended on Friday,…

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Weekly Market View – 15th February 2020

Indian Market Outlook: Key benchmark indices ended the week with minor gains as fears of coronavirus affecting global growth weighed on investor sentiment. In its latest update, China’s National Health Commission said it had recorded 121 new deaths and 5,090 new coronavirus cases on the mainland on Feb. 13, taking the accumulated total infected to…

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Weekly Market View – 8th February 2020

Indian Market Outlook: Domestic stock markets rallied this week with benchmark indices clocking gains of nearly 4 per cent after the February 1 Budget announcements triggered their worst single-day fall in at least 17 months. In the week ended on Friday, the Sensex rose 1406.32 points or 3.54% to settle at 41,141.85. The Nifty 50…