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The GRS Solution is Leading Firm Provide Stock Trading Services. All in Equity, Commodity & Forex, SEBI Registers ISO Certified your Stock Trading Partner.

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Tuesday 28 May 2019

Changed In markets while you were sleeping - Latest News \ Big Update at market #TheGRSsolution

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The benchmark Nifty year-to-date gain is  10.2 % now in dollar value. 

From being this is one of the worst performers of 2019 among the 20 most tracked global markets, India is now in the top quartile in terms of year-to-date returns, thanks to the uncertainties over the election outcome in the end.


The benchmark Nifty year-to-date gain is 10.2 % now in dollar value, out of which close to 6 % has contributed in the last 10 days. The rupee has remained flat against the dollar till the start of the year. The US dollar closed at 69.4 against the rupee on Monday. 

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Banking and finance stocks, including Bajaj Finance, Axis Bank NSE 0.12 per cent and Kotak Mahindra Bank NSE -1.01 %, have been the clear leaders of the 2019 rally among the top 15 FII-heavy stocks, up 30 %, 26 % and 22 %, respectively, in dollar terms. As compared to these, heavy weights, which including Reliance Industries NSE 0.98 % and HDFC Bank NSE -0.42 %, have relatively underperformed. Heavy weight consumer stocks Maruti Suzuki NSE 0.30 % and Hindustan Unilever NSE -0.59 % are the only two counters that have given negative returns in Riding the strong rally in equities over the past few days, India has emerged as the 2nd best performing market, after Brazil, for the past one year period. The rupee, however, has depreciated by 3 % during this period. 
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