Do India has lost the touch wood in the financial market..??
The Indian market has been continuously decreasing for a while the Indian financial market, BSE Sensex fell more than 6 per cent on Monday followed by impact in Chinese equities market provoked the insecurity in global financial markets particularly in Asian markets. While another Indian market, NSE Index: NIFTY also crocked 491 points closing at 7,809 points.
Our research team predicts five reason that can be a cause of worry
Our macro economist researcher, Shaun Markell says “that Indian export seems to be dipping a quite while from past nine months, their trade deficit has been widening to $10.32 billion in awake of Chinese financial crisis;
Oil Price Collapse
On Monday, our analyst team noticed us Brent and crude oil price hit a new low of 45$ and 40$ respectively. As investors shrugged their shoulders to invest more in a slow economy that has lead a dissatisfaction in confidence investor’s ratio because of slow demand & supply.
Rupee Low Since 2013
On Monday morning, Indian rupee (INR) sunk as low as 66.48 against us dollar (USD). The weaker INR has gripped a fear among the investing community with possible outcast & slowdown in Chinese economy.
Asian Stock Market Impacted
Indian market slumped 3 year low followed a route of Chinese financial market slowdown that rocked the world financial market. Government bonds and the Chinese yen (CHY) shows a sign of devaluation adding up to another reason why Indian markets seems to be losing its shine in the universal ground.
Global capital markets
After a small survey conducted by seven star research centre, Chinese industrial activity seems to be tumbling down after the financial crisis of 2009. The “not-so-optimistic” outlook shows the sign of troubled future in Indian stock industry. (Specially it stocks will seems to be at bottom low during the year end)
The overall forecast seems to be bearish for another six (6 months) till the year end still we don’t see a major price correction in any of the economic indicators given above
Date: 24th August 2015