S&P Sensex 1,061 loss
Nifty50 306 loss
$ vs ₹ 0.34 fall
Gold (10g”) 297 fall
Silver (1kg) 1,050 fall
Crude Oil (1 Barrel) 400 fall
- As usual LTCG Tax on shares and DDT on mutual funds effect.
- Fiscal deficit expectations hike.
- US Bonds high-level returns.
- In 3rd quarter results (Oct’17-Dec’17) big companies result down like Andhra Bank, UCO Bank, Central Bank, Syndicate Bank etc.
- Compared with the dollar, rupee 0.34 paisa falls down.
- FIIs sells INR.1200 Cr equity shares this week.
- Investors sell shares at high prices.
- RBI 6h MPC meeting.
- If Federal Reserve System (FED) hike the rates, US lending expenses also will increase in high volume, this is the reason US biggest stock exchange Dozones gain record losses.