On 1st Jul, FIIs again sold worth 2300 Cr. Till the time rupee keeps depreciating, FIIs may keep selling as it causes losses to them. It a virtual cycle.However, mostly the returns in Jul in the markets are positive as per historical records. Let's ...
Dear Smart Investors, Greetings !! We are a SEBI regd Investment Advisory Services and we do provide Free updates on Website to spread Financial Education. New articles have been published on Indian-Share-Tips.Com. Do check our Best Bank Nifty Option Tip for Intraday which gets you Daily Profit with a small capital of Rs 10,000. You can visit at https://www.indian-share-tips.com/2009/09/best-nifty-future-tips-100-guaranteed.html Speak to Analyst at 09988877963 or send an email at Support@Indian-Share-Tips.Com and You will Listen from us in less than 3 hours. Please Click on Below links given out of this black border box to access latest updates. Regards Indian-Share-Tips.Com 9988877963 | | On 1st Jul, FIIs again sold worth 2300 Cr. Till the time rupee keeps depreciating, FIIs may keep selling as it causes losses to them. It a virtual cycle.However, mostly the returns in Jul in the markets are positive as per historical records. Let's see. Result season will start soon. 40$ tax on oil producing companies has caused the market fall now. Long term investors can continue to invest, as The value of our Imports (Top 3 - Oil, Gold, Electronics) far outstrip those of our Exports and hence India runs a massive CAD.Oil is the keyWith Oil hovering at 115-120 range, our prospects get dimmed on all fronts - 1. CAD - Current Account Deficit2. Rupee' vis. a vis. the Dollar3. Downward earnings pressure on companies - With the onset of the earnings season now, this will be a key factor to | |