Gold Silver Reports — Have Small Savings Lost out to Equities? – LURE OF STOCK Growth in government savings schemes is timid as there has been a clear shift towards the equity markets, say analysts
Stock Market
At Gold Silver Reports, we provide the latest stock market news and trading tips covering NSE, BSE, and global markets. Get expert analysis, intraday calls, and investment insights to make informed trading and investment decisions in the share market.
1 Year of Demonetisation: Sensex Jumps 6000 Points in 12 Months; is it Bad?
Gold Silver Reports – Demonetisation – A year ago, on 8 November 2016, Prime Minister Narendra Modi announced a ban on Rs 500 and 1,000 currency notes in a bold move to eliminate black money out of the system. The higher denomination notes of Rs 500 and 1,000 which accounted for about 85% worth of currency in circulation was turned into just a piece of paper overnight.
Nifty Faces Resistance at 10,400
Gold Silver Reports – Nifty Faces Resistance at 10,400 – The Nifty50 on Thursday continued to form higher highs and higher lows and settled the October series futures & options contracts at a fresh closing high of 10,343. The index made a Strong Bullish Candle on the daily chart and was on the verge of hitting the overbought territory as suggested by its 12-day relative strength index (RSI).
Sensex Falls Below 32000, Nifty Trades Lower, Private Banks Stocks Fall
Gold Silver Reports – Sensex Falls Below 32000, Nifty Trades Lower, Private Banks Stocks Fall – The BSE benchmark fell by over 200 points, pulling back from its record highs, on heavy profit booking in banking, FMCG, oil and gas, pharma and capital goods stocks after a recent rally. Offloading of positions by participants with Thursday being the last trading session of October series contracts in the derivatives segment pulled the index back from record levels, a broker said.
SEBI Questions Fundraising on LinkedIn
Gold Silver Reports — The Securities and Exchange Board of India (Sebi) has written to LinkedIn Corp. asking if its social networking service provides a platform for people or start-ups to raise money publicly in violation of the Companies Act, according to two people aware of the development. LinkedIn has said it is not involved in any activities related to securities markets.