World Share Market Performance During the Week Ended 22th April, 2017

World Share Market Performance During the Week Ended 22th April, 2017


Indian stock markets closed lower by 0.3% over the last week. (Week Ended 22th April, 2017) IT and Pharma stocks dragged the markets lower due to global factors currently affecting these two sectors. 
Recent protectionist policies hinted by US and other global leaders could see IT stocks remaining subdued in the near future. 

Meanwhile, the World Bank in latest report has stated that India's GDP is expected to see uptick from 6.8% in 2016-2017 to 7.2% by current fiscal year and rise further to 7.5% in 2018-19 fiscal. 
It also forecasted that India's economic growth will rise slowly to 7.7% in 2019-2020 supported by a recovery in private investments. 
From
The 5 Minute WrapUp 
5minwrapup@equitymaster.com
Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

IT Index down by -2% Gold stays positive. 

IT Index down by -2% Gold stays positive.  *Market Update: IT Index May Fall on Monday* *Why?* *Fed Rate Cut Concerns:* The U.S. Federal Res...