We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar. The material published on the blog is of general and educational information only and is not suitable for trading purpose.

Effect of GDP Data on Indian Stock Market

We were in for a surprise seeing the worst of the worst GDP figures. Have a look at the effect which is cast on Indian stock markets by virtue of poor GDP data:

India's benchmark Sensex was last trading down 1.1 percent after government data showed the nation's annual economic growth slumped to a nine-year low of 5.3 percent in the January-March quarter, reflecting weak business sentiment amid the weakness in the rupee, high fiscal and current account deficits and policy paralysis in Prime Minister Manmohan Singh's administration.

(Updated on 31 May 2012)

So as a trader one has to keep the eyes and ears open to understand the dynamics of these figures which affect Indian stock markets to a great extent. The IIP data also need to be tracked to feel the pulse of the market.

Most Visited Stocks - Click to Visit Link

 
We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9