Have Small Savings Lost out to Equities?

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

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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.

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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).

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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.

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