SENSEX Ends 2014 with Best Annual Gain in 5 Years

For the year ended 2014, the BSE SENSEX gained about 30% compared to its close of 21171 on December 31, 2013 while the NSE NIFTY gained nearly 31% compared to its close of 6304 previous year (2013).

Indian Rupee:

The rupee is trading at 63.19 against the US dollar. Sustained demand for the American currency from importers as well as its strength against other global currencies saw the rupee pinned about 13 month lows.

Global Markets..!

The stand-out global equity performer has been China, where the CSI300 index looked set to end 2014 with gains of about 50%.

Almost all of China's rise came in the last couple of months, as hopes for more aggressive policy stimulus to counter its economic slowdown boosted banks and brokerages.



In 2014, the Sensex gained about 30%, while the Mid - cap index gained 55 % and the Small-cap index advanced 69 %. The Mid cap index now trades at a premium to the benchmark.
Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

NFO Rs.10 per unit Bandhan Innovation Fund

Bandhan - AMCs comes with NFO Rs.10/- per unit* *Bandhan Innovation  Fund* Last date  *24/04/2024* *Minimum Investment Rs.5000/- onwards.* K...