Wednesday, March 18, 2020

Indian Stock Market Analysis



https://en.wikipedia.org/wiki/BSE_SENSEX

7 Sep 2015
Bear market in India can be prolonged
http://www.rediff.com/business/column/bear-market-can-be-prolonged-but-investors-neednt-worry/20150907.htm


5 September 2015
Marc Faber is right. Indian stock market heading for 24,000.


March 2015

Marc Faber predicts that Indian stock market may correct this year by 10 to 20%.

He say it is ridiculous if any body says market won't go down.

He says, Oil prices have gone down, many commodity prices have gone down, real estate prices have gone down. Even equity has to go down by 40% to be assessed as reasonably valued.


My comment: In India, presently there negative sentiment in the stock market. Market has gone down and some more negative news is being published in media.

As markets touched 30,000 mark, 20% means a limit of 24,000.
Market closed on 25 March 2015 at 28,111.83




Last Updated : Dec 31, 2014 05:08 PM IST | Source: Moneycontrol.com
Market ends 2014 on a high;
The Sensex on Wednesday advanced 95.88 points to close at 27499.42 and the Nifty rose 34.45 points to 8282.70 while the BSE Midcap and Smallcap indices were up 1 percent each.


Equity benchmarks staged spectacular performance in the year gone by (2014), rallying more than 31 percent (on Nifty and 6000 points on Sensex), the best annual performance in last five years.
https://www.moneycontrol.com/news/business/markets/market-ends-2014-onhigh-sensex-nifty-surge-30-31-1378641.html


The Sensex journey: From 2008 to 2013
MarketUpdated: November 01, 2013
https://www.ndtv.com/business/the-sensex-journey-from-2008-to-2013-371137


1000, 25 July 1990 – On 25 July 1990, the SENSEX touched the four-digit figure for the first time and closed at 1,001. s.
2000, 15 January 1992 – On 15 January 1992, the SENSEX crossed the 2,000 mark and closed at 2,020. .
3000, 29 February 1992 – On 29 February 1992, the SENSEX surged past the 3,000 mark.  Budget announced.
4000, 30 March 1992 – On 30 March 1992, the SENSEX crossed the 4,000 mark and closed at 4,091.   It was then that the Harshad Mehta scam hit the markets and SENSEX witnessed unabated selling.
5000, 11 October 1999 – On 11 October 1999, the SENSEX crossed the 5,000 mark.


6000, 11 February 2000 – On 11 February 2000, the information technology boom helped the SENSEX to cross the 6,000 mark and hit an all-time high of 6,006 points.
7000, 21 June 2005 – On 20 June 2005,
8000, 8 September 2005 – On 8 September 2005, the Bombay Stock Exchange's benchmark 30-share index – the SENSEX – crossed the 8,000
9000, 9 December 2005 – The SENSEX on 28 November 2005 crossed 9,000 and touched a peak of 9,000.32 points during mid-session at the Bombay Stock Exchange investors. However, it was on 9 December 2005 that the SENSEX first closed at over 9,000 points.[
10,000, 7 February 2006 – The SENSEX on 6 February 2006 touched 10,003 points during mid-session. The SENSEX finally closed above the 10,000 mark on 7 February 2006.


20,000, 11 December 2007 – The SENSEX on 29 October 2007 crossed the 20,000 mark for the first time during intra-day trading, but closed at 19,977.67 points. However, it was on 11 December 2007 that it finally closed at a figure above 20,000 points.

The SENSEX on 8 January 2008 crossed the 21,000 mark for the first time, reaching an intra-day peak of 21,078 points, before closing at 20,873.
https://en.wikipedia.org/wiki/BSE_SENSEX

Updated 19 March 2020

5 Sep 2015
First published on  25 March 2015,

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