Disqus for www.money99.in

Saturday 5 September 2015

BSE Sensex fell more than 2 per cent by 615.24 points on Friday to its lowest in nearly 14 months for 04 Sept 2015


The BSE Sensex fell more than 2 per cent by 615.24 points on Friday to its lowest in nearly 14 months. The broader Nifty ended 2.15 per cent lower at 7,655.05, its lowest close since August 11, 2014. We take a look at factors which led to a fall in market today. US jobs data: A key US jobs report is due later in the day. A strong jobs number could cement optimism on the global economy and boost share prices but it could rekindle speculation of an early rate hike by the Federal Reserve, which could hurt risk assets, particularly in emerging economies. FIIs selling: Foreign investors have sold a record Rs 16,877 crore worth of domestic stocks in August. They sold nearly Rs 2,650 crore of stocks in the first three days of this month. The selling continues even after the government has announced retrospective relief to FIIs from MAT. Global markets: Asian markets, Japan's Nikkei fell 2.15 per cent and Hong Kong's Hang Seng shed 0.45 per cent, while Chinese financial markets remained closed on Friday. European markets were also in deep red on anticipations of a strong US jobs data.

About

Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.

0 comentários:

Dear Friends,
Sorry to say that you are suffered for the chart initially available, now they are restored and you can very well see the chart on money99.org similar to money99.in.
And all of you are intimated that we are going to develop more and more in money99.org to facilitate your dreamy demands.

Disqus for www.money99.in

Recent Posts

© Copyright 2015 Money99. Designed by Parag Patil