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Showing posts from October, 2017

What Happened to the Stock Market Today?

What Happened to the Stock Market Today? last updated 2017-06-12 The stock market is a collection of countless transactions . It doesn't have an opinion; it has millions. It doesn't have feelings. It's not a single thing and it's not a single stock and it doesn't speak with one voice. Sometimes stocks go up. Sometimes stocks go down. Unless you're an active day trader flipping penny stocks (and if you are, please understand the risks of penny stock trading ), what happens in the stock market on one day or another probably isn't as big a deal as the financial news wants you to believe . Yet as you can learn from One Up On Wall Street or The Little Book of Common Sense Investing , this doesn't have to affect your returns in the long term. It can even be a great opportunity for you to find bargains in the stock market! Before you panic and sell everything (or rush out and buy everything, hoping for a bounce), take a minute to catch your br...

Why the stock market keeps going up, up, up

All news is good news, apparently — at least if you judge by the stock market. US economic growth is sluggish, consumer confidence is down and President Trump’s tax reform is stalled. And yet, the market isn’t spooked — it has climbed to historic highs. The question is why. After all, the warning signs aren’t imaginary. The slow uphill trudge of Trump’s health-care reform is holding up his tax cuts because his aides say he needs health-care budget savings to finance them. Many investors I speak to are particularly obsessed with slashing the corporate-tax rate from its current level of 35 percent — one of the highest in the world — to around 15 percent or 20 percent because it would boost earnings and thus lift stock prices. If that doesn’t materialize, and more global unrest does, stocks could finally take the pounding they’ve avoided so far. There’s also the fact that the rally, particularly in recent months, has been pretty narrow; big names like Apple, Amazon...

Sensex Crosses 33,000-Mark; SBI & ICICI Bank Top Gainers

After opening the day on a strong note, the Indian share markets  have continued the momentum and are presently trading off record highs following a mega recapitalisation package for banks and a Rs 7 trillion infra booster ahead of October F&O expiry. Sectoral indices are trading mixed, with stocks in the  PSU sector  & banking sector leading the pack of gainers, up by 7.5% & 4.6% respectively. While, consumer durables stocks & realty stocks are trading in red. The BSE Sensex is trading higher by 440 points (up 1.4%) while the NSE Nifty is trading higher by 87 points (up 0.9%). The BSE Mid Cap index is trading flat while BSE Small Cap index is trading down by 0.2%. Gold prices , per 10 grams, are trading at Rs 29,431 levels. Silver price , per kilogram is trading at Rs 39,575 levels. Crude oil is trading at Rs 3,421 per barrel. The rupee is trading at 64.93 to the US$ . Pharma stocks are trading on a mixed note with Orchid Pharma ...

Why did the Sintex share price fall so much on 25 May, 2017?

Sintex price has not fallec actually. Company went into demerger and the price got adjusted as per the ratio of the stock and the valuation which came after demerger.. Details from BSE Ltd. (Bombay Stock Exchange)