Tuesday, 17 April 2018

Do You Own These Top 20 Stocks Which Fell Up To 60% In Q1 CY18?

Posted by suhani varma on Tuesday, April 17, 2018 with No comments



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The Sensex might have lost just three percent in the quarter-ended March but nearly 400 stocks in the BSE 500 index slipped up to 62 percent in the same period.

Implementation of Long-Term Capital Gains Tax (LTCG) and banking woes domestically, coupled with global trade war fears, geopolitical tensions in West Asia, fall in global liquidity, Fed rate hike as well as rising crude oil prices weighed on sentiment.

Apart from global headwinds, aggressive political posturing by opposition parties, led by their victory in the UP bypolls, also added to the market worries, experts said.


The broader market was the worst hit with the BSE Smallcap index falling a little over 11 percent and the BSE Midcap index declining a little over 10 percent in the same period.

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