- Internationally, Italy’s political crisis is cooling.
- China’s economic statistics are exceeding expectations.
- Reduction of crude oil prices.
- The rupee is stronger compared to the dollar.
- India’s growth rate is reached to 7.7% in the fourth quarter and GDP increases 6.7% in the last financial year 2017-2018.
- Estimates suggest that this year’s rainfall might be normal.
- Investors are covering the short term due to the expiry of May derivative contracts.
- In the fourth quarter L & T, Sun Pharma, Aravindo Pharma, Nava Bharat Ventures, Apollo, ONGC, BHEL, and BPCL deliver the best results, with all these reasons stock markets closed in good profits.
Commodity & Forex Markets
- In commodity markets, Gold, Silver, and Crude Oil ended the week with losses.
- Rupee up 0.70 paise against US Dollar.
