Weekly stock market updates

  • 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.

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