The stock market lost enthusiasm

The stock market lost enthusiasm

Please follow and like us:
Pin Share

The market lost enthusiasm, with the budget tabled next week, traders. They have now started to record profits cautiously.

Internationally, there is no encouraging news either. The third quarter results also did not give much hope. The rise in price of crude oil and Houthi clerics are the problem and the problems continue without any change. So our stock markets, which were in losses since morning, ended with losses in the evening as well

Foreign institutional investors are different. They have sold our shares to the tune of 33 thousand crore rupees so far in January. Of this, on January 24 alone, the sale was Rs 6,934 crore

In the coming financial year 2024-25, our fiscal deficit will be 5.50 percent of GDP, according to SBI’s Department of Economic Studies.

Private investors and venture capital funds investing in India have reduced their investments in 2023. Prior to this too, investments had declined

Igra, a market research firm, has predicted that the lending ratio of banks will grow to 14.90-15.30 percent in the current financial year and it will decrease to 12 percent in the next financial year.

In our stock markets hit by the budget scare, all other sector indices ended in losses, except for the real estate index. In particular, financial services, pharmaceuticals, banks, IT, consumer staples and healthcare stocks fell sharply.

Please follow and like us:
Pin Share

1 thought on “The stock market lost enthusiasm”

  1. I have no idea how I ended up here, but I thought this post was fantastic. I am uncertain of your identity, but if you are not already a famous blogger, you are surely on your way to becoming one. Cheers!

Leave a Comment

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
ADVERTISEMENT

Enjoy this blog? Please spread the word :)

error: Content is protected !!