Business News—Your Daily Dose of Market Info
Business NewsYour Daily Dose of Market Info
We do watch our TV screen or websites flashing business alerts but many of us happen to ignore them and brush away to other pages of importance. What is going on in the business world or the BSE market hardly matters but we do raise our eyebrows when inflation shows up in the prices of our daily commodities. Business news reports the happenings of world stock market, BSE market, Nifty Sensex, and the rise and dip of the equity markets. BSE Sensex never stops surprising the investors and the common people as well.For investors in the Indian market, there is no dearth of options. But to invest wisely and in the right manner it is necessary that you stay updated with current BSE Sensex, commodity market news, etc.
The direct impact of what goes on in the BSE Sensex is inflicted on the entire country and the foreign investors also get affected in some way or the other. A number of online business news websites keep the users updated through the business alerts and this way help them make right business decisions. Recently the BSE market saw the investors getting concerned about the implications of the spike in crude oil prices that is definitely a reason to worry for the Indian economy. The soaring interest rates too contributed in pulling down the BSE market this week.
While the BSE market indices began with a whopping green on the first day, the red signals in between for continuous three days were enough to mark the huge losses. The major declines registered towards the week ending were 3% with the Nifty and BSE Sensex falling 155.40 and 510.61 points, respectively. In the BSE market, Reliance Infrastructure, Reliance Industries, Hero Honda and ITC were the top gainers.
The companies that suffered a dip were Mahindra & Mahindra, DLF, Tata Motors, Larsen & Toubro and Tata Power. The BSE market saw the BSE Oil & Gas index as the sole sectoral gainer while BSE Capital Goods and BSE Auto lost. With these and more business news as major highlights, BSE market is implied to get clear direction once the union budget is presented. Finance Minister, Pranab Mukherjee will have a tough time balancing it all as the crude prices spiral high.
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