RSSMarket wipes out gains of 5 weeks in 9 sessions
Oct 31
MARKET, Stocks, Uncategorized No Comments
Dow has dropped 1273 points over the last nine trading days. Real estate, consumer durables, banking, metal, capital goods and stocks of oil and gas has risen sharply, that during the voyage of the Dow to 17,400 from 16,000, reserving most of the Cruise benchmark back to 16,000 levels on the results suffered. Investors have eroded the value of Rs 459,442 crore in this correction, compared to a profit of Rs 464,214 crore in the rally, which provide autumn this year. This suggests that investors have lost everything they gained in the rally of recent years. Foreign institutional investors (FIIs) were net sellers worth Rs 5.035 crore in the correction period. FII net inflows during the ride on the DAX 17,400 between May 7th September and October 16 was Rs 18.900 crore.
In 3031 shares less than 78 percent, or 2376 shares, which reported a decline in their market price? Only 20 percent (611 shares) have reported an increase, while prices of the remaining 45 shares remained unchanged. Most sector indices and underperformed the broader DAX. Mid-Cap and Small Cap indices of 9 per cent and 8.5 per cent, respectively. The data object index was the biggest loser, falling 18.5 percent to 3820.4 from 4687.2 near the coast in October 17th. IT and consumer products are the only clues that have resisted the trend and rose by over 1 per cent, while in the health sector (minus 1.2 percent) and the car reduced (less 5.9 per cent) is below the DAX. Wipro, the big winner, rose 9 percent, while Tata Consultancy Services has won the ICC and Sun Pharmaceuticals 3 per cent.