Compared to their lowest levels this year, the Indian stock indices are almost back to their highs. So, what’s driving this bullish run and how long will it last?
The speed with which RIL shares are rising and looking at its further potential, it is a matter of months before Ambani, who is currently world’s 5th richest person with a fortune of $81 billion, overtakes Mark Zuckerberg of Facebook and Bernard Arnault of Louis Vuitton.
The economic uncertainty and the state of individual finances has impacted investments. Several retail investors say they are in no position to consider fresh investments at this time.
The 30-share benchmark of the Bombay Stock Exchange (BSE) gained 637 points (2.03 per cent) at 32,009 and Nifty-50 was up by 187 points (2.03 per cent) at 9,384 points respectively.
Approximately 30,000 PNRs were generated and reservations to more than 54,000 passengers were issued till 9:15 pm, Monday, the Indian Railways informed.
Global crude oil benchmarks are at a nearly two-decade low as more than 90 per cent of the world is under lockdown, with economies at a complete standstill
Those who were stranded in the high seas when the national lockdown was announced have no idea how or when they will come to the shores to their families.
Post-lockdown, the world of work won’t be what we used to know. For many, the uncertainty of livelihood would likely linger much longer, and
be no less painful.
Indian bourses tanked over 37% in 25 sessions amidst sharp jump in trading volume and turnover but investors would do well to note that the markets have historically faced such situations and recovered from it
It is difficult to predict how the stock market will move. When there is panic, investors tend to make their decisions emotionally, rather than rationally. This is a Black Swan event, whose impact may be deeper and longer than what was estimated a few weeks ago
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