Category Archives: Economy Snapshot

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in April, 2020

Financial Year 2020-2021 began with the lock down erasing a complete month in our history; No business could take place except for the testing and hospitalization of Covid patients and availability of essentials like vegetables, fruits and other essentials in the market. All of us learnt to live and work from home.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in March, 2020

Indian Markets lost an unprecedented 23% last month with the Coronavirus spreading across the World and creating a panic in all the markets. On the sectoral indices, Bank Nifty lost about 34%, Auto 31%, IT 16% and FMCG/Pharma at about 5%. FII’s pulled out 58,600 crores from the equity market while Domestic Institutions had invested Rs.26,350 crores.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in February, 2020

Indian Markets lost 6% last month with the Coronavirus spreading all over and creating panic on the global economy. Auto took the maximum brunt with a loss of 14% with the other sectors losing as high as 6%.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in January, 2020

Indian Markets lost around 1.50% last month after reaching all-time high. IT gained by 3%, FMCG by 2% and Pharma by 1% while Bank Nifty lost about 4% and Auto about 2%.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in December, 2019

Indian Markets registered a gain of 1% last month taking the markets to another all time high. IT gained by 4%, Auto by 2%, Bank Nifty by 0.50% while Pharma and FMCG lost about 2%.FII’s pumped in 7,400 crores in the equity market while Domestic Funds sold about 2,000 crores.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in November, 2019

Indian Markets registered a gain of 1.50% last month taking the markets to all time high. Nifty crossed 12,000 mark yet again. Bank Nifty gained about 6%. Pharma and FMCG gained 4%, IT, Auto and FMCG lost about 4% last month. FII’s pumped in 23,200 crores in the equity market while Domestic Funds sold about 1,800 crores. Indian Rupee closed at Rs.71.74 for 1 US $. While the markets hit the peak, the news on low GDP growth will dampen the markets in the coming week.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in October, 2019

Indian Markets registered a gain of 4% last month taking the Sensex above 40,000 mark again. Auto stocks rebounded with a 13% gain, Pharma and FMCG gained 4%, Bank Nifty gained 3% and IT remained neutral last month.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in September, 2019

Indian Markets registered a gain of 4% last month after the announcement of several measures including reduction of corporate tax by the Finance Minister.BSE could regain the levels of 39,000 again.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in August, 2019

Indian Markets were down by 1% in August with the Nifty just above 11,000 mark. While the market came down heavily during the first few weeks, thanks to the announcement of various measures to revive the economy by the Finance Minister, market recovered in the last week to minimize the losses during the month

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in July, 2019

Indian Markets were down by 5% in July with the Nifty coming closer to 11,000 levels. Uncertainty on the issues with US, China-US trade war issues, taxation on FII’s etc weighed heavily on the markets.