Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 22 nov 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 22 nov 2018
---------------------------------------------------------------------------------------------------------
It has been a roller coaster ride for investors as back-to-back sell-off is seen in Indian markets has put bears on the driving seat.
The final tally on D-St – Sensex plunged 274 points to close at 35,199 while the Nifty50 ended 56 points lower at 10,600 levels.
Weak global cues, as well as fall in crude oil price which is taken as a synonym for a slowdown in global growth, weighed on sentiment.
Analyst expect the index to witness some consolidation before resuming its uptrend towards 10900-11000 levels.
Trade tensions and higher interest rates are slowing the global economy, though for now there are no signs of a sharp downturn, the OECD which has lowered its outlook for next year, said a Reuters report.
The Organisation for Economic Cooperation and Development (OECD) forecast that global growth would slow from 3.7% this year to 3.5% in 2019 and 2020.
It had previously projected 3.7 percent for 2019.
The global growth slowdown would be worst in non-OECD countries, with many emerging market economies likely to see capital outflows as the US Federal Reserve gradually raised interest rates.
The OECD cut its outlook for countries at risk such as Brazil, Russia, Turkey, and South Africa.
Trimming its outlook for China, the OECD forecast the country’s growth would slow from 6.6 percent.
For Quick Trial Contact:
✆ - 09699997717✔
✆ - 0731-6626191 ✔
Mail: info@ways2capital.com
✆ Join us on WhatsApp @ 89620-00225 ✆
✆ 24/7 Customer Care 1800-3010-2007 (Toll Free).
0 comments:
Post a Comment