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Month: March 2020

Weekly Capsule (Mar 09 – Mar 13) and Impact Analysis

Posted on March 16, 2020 by Achiievers
News Announcement Impact Analysis Sensex ends volatile week with 5000 points gain from the bottom The bounce came after the markets touched lower circuit in early trades on Friday A mix of domestic institutional buying Read more [...]
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SGX Nifty are indicating a 7% fall to 8850 levels

Posted on March 13, 2020 by Achiievers
It was a virtual carnage across the US and European markets on 12th March. The Dow was down nearly 8% in mid day trades while the NASDAQ was down by nearly 7%. But the real carnage was visible in the UK, French and German markets where the indices were Read more [...]
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MARKETS BACK TO BEARISH TIMES

Posted on March 12, 2020 by Achiievers
After the brief respite on Tuesday, global markets again crashed on Wednesday with the Dow losing more than 6%. Markets now fear the rapid spread of the Coronavirus across large swathes of Europe and the United States. While there has been some Read more [...]
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The government suspend the issue of tourist visas

Posted on March 12, 2020 by Achiievers
Indigo Airlines has warned that its revenues for the March quarter and the full year could take a serious hit due to the impact of the Coronavirus pandemic. According to the airline, they had seen a 15-20% fall in daily bookings as people were trying Read more [...]
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The Dow closed over 2000 points lower

Posted on March 11, 2020 by Achiievers
The Dow Jones and other indices hit lower circuit on Monday for the first time since 1997 as it cracked 7% on opening. The Dow closed over 2000 points lower on Monday, cracking close to 8% in a single day. The NASDAQ was also down by almost 7% as most Read more [...]
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MARKETS MAY SEE RELIEF BOUNCE

Posted on March 11, 2020 by Achiievers
With the Dow and the Nifty close to entering bear territory, the focus will be on whether the Indian markets can also bounce like the US and other markets. SGX Nifty, however, is showing signs of tepidness. For the Indian economy, the benefits Read more [...]
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The Dow Jones started trading

Posted on March 11, 2020 by Achiievers
The Dow Jones started trading on Tuesday nearly 1000 points but the pressures of an economic slowdown were too strong and the Dow had given up nearly 90% of its early gains. The big boost to the markets came after Trump urged the US Fed to be more aggressive Read more [...]
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YES BANK COULD WEIGH ON MARKETS

Posted on March 9, 2020 by Achiievers
The big Yes Bank shocker will weigh on most of the heavy weights during the current week too. Markets will be uncertain till there is clarity on the road ahead for Yes Bank. Expect selling on every bounce in the market. With INR getting close to Read more [...]
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