Elearnmarkets - Financial Market Learning
  • Categories
    • Basic Finance
    • Derivatives
    • Financial Planning
    • Fundamental Analysis
    • Technical Analysis
    • Marketshala
    • Miscellaneous
  • Language
    • English
    • Hindi
    • Bengali
No Result
View All Result
  • Courses
  • Webinars
  • Learn On Elearnmarkets
Elearnmarkets - Learn Stock Market, trading, investing for Free
  • Categories
    • Basic Finance
    • Derivatives
    • Financial Planning
    • Fundamental Analysis
    • Technical Analysis
    • Marketshala
    • Miscellaneous
  • Language
    • English
    • Hindi
    • Bengali
No Result
View All Result
  • Courses
  • Webinars
  • Learn On Elearnmarkets
Elearnmarkets - Learn Stock Market, trading, investing for Free
No Result
View All Result
Home Technical Analysis Market Analysis
Blood Bath in Markets Again! 1

Blood Bath in Markets Again!

Elearnmarkets by Elearnmarkets
November 18, 2020
in Market Analysis
Reading Time: 2 mins read
0
57
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

The Indian market started with a gap down of about 1% and ended with a loss of 185 points i.e. 2.33% to close at 7785.85. The drag in the second half was from the weak European markets with CAC, DAX and FTSE down around 2.5-3%. The weakness in today’s pocket was from the Financials. The highest gaining stocks today in the trade were BajajAuto(0.86%), ACC(0.52%), Sunpharma(0.45%), Ambujacement(0.14%) while the stocks among the losing side were PNB(7.21%),BankofBaroda(6.55%), Kotakbank(5.86%), Hindalco(5.43%), Axisbank(5.27%).

Maruti August sales up 6.4% while Eicher Motors posted 59% growth in August sale in Royal Enfield – Maruti posted 6.4% growth in August sales YOY selling 1,17,864 cars which was driven by Ciaz, S-Cross and Alto Automatic Ciaz, S-Cross and Alto Automatic. .However the concern was from fall in compact car sales and lower exports.

On the other hand, Eicher Motors has reported a massive 59% growth in August sales selling 42360 two wheelers in August as compared to 26643 two wheelers in corresponding month last year driven by Sales of two-wheelers with engine capacity upto 350cc increased by 61% and two-wheelers with more than 350cc engine capacity showed 45% sales growth on year-on-year basis. Moreover Commercial Vehicle (CV) segment also seen a recovery where sales increased by 20.2 percent to 3,711 units in August compared to 3,087 units sold in the year-ago period

Kharif crop may be hit due to weak rainfall – The prospect of lower foodgrain production for the Kharif season has increased due to weak rainfall. The monsoon has been deficient by 11% in  August recording 22% less than normal rainfall.Though June witnessed excess precipitation of 16%, while there was a monsoon deficit of 16% in July and  IMD had predicted around 16% deficient rainfall during August and September.

Jet Airways were up by 3% in the initial trade – Jet surged in the initial trade today as aviation turbine fuel (ATF) came down by 11.6% to Rs 40.591/kl which is the second time cut in the ATF price in the last two months. The Airline companies have been benefitting due to weak crude prices, trading at a 6.5 years low. The company posted a good set of numbers in Q1 where EBIDTA was up 5 times and analysts expect further improvement in operational performance in Q2.
Economic growth slows to 7% in April-June quarter – India’s economy expanded 7%  in the first quarter, which was below street expectations and slower than the preceeding quarter and thus creating pressure on the central bank to cut rates

Join TMP Join TMP Join TMP
Tags: english
ShareTweetSend
Previous Post

The Financial Priests of Share Market

Next Post

All you need to know about the Japanese Candlestick

Elearnmarkets

Elearnmarkets

Elearnmarkets (ELM) is a complete financial market portal where the market experts have taken the onus to spread financial education. ELM constantly experiments with new education methodologies and technologies to make financial education effective, affordable and accessible to all. You can connect with us on Twitter @elearnmarkets.

Related Posts

Hourly Chart
Market Analysis

Nifty Ends on Positive Note, Gains Approx. 475 Points on Positive Global Factors

November 18, 2020
378
Weekly Chart
Market Analysis

Huge Sell-Off Makes the Market Close in a Negative Note on the Expiry Week

November 18, 2020
175
Hourly Chart
Market Analysis

Nifty Ends in Green. Rupee Appreciates and Falling Crude Price Helped the Market to Recover Approx. 140 Point

November 18, 2020
129
Hourly Chart
Market Analysis

Sell Off Continues. Nifty Ends The Week With Three Consecutive Red Candles

November 18, 2020
141

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Facebook-f Twitter Instagram Linkedin-in Youtube Telegram

Register on Elearnmarkets

Continue your financial learning by creating your own account on Elearnmarkets.com

Register Free Account

Download App

Categories

  • Basic Finance
  • Derivatives
  • Financial Planning
  • Fundamental Analysis
  • Technical Analysis
  • Marketshala
  • Miscellaneous

Popular On Elearnmarkets

  • Market Superheroes:
  • Vivek Bajaj
  • Chetan Panchamia
  • Ashish Kyal
  • Premal Parekh
  • Abhijit Paul
  • Jegan
  • Sivakumar Jayachadran
  • Vishal Malkan
  • Jyoti Budhia
  • Vivek Gadodia
  • Vishal Mehta
  • Piyush Chaudhry
  • Santosh Pasi
  • Gomathi Shankar
  • Market Superheroes:
  • Vivek Bajaj
  • Chetan Panchamia
  • Ashish Kyal
  • Premal Parekh
  • Abhijit Paul
  • Jegan
  • Sivakumar Jayachadran
  • Vishal Malkan
  • Jyoti Budhia
  • Vivek Gadodia
  • Vishal Mehta
  • Piyush Chaudhry
  • Santosh Pasi
  • Gomathi Shankar
  • Courses:​
  • Options Trading
  • Dow Theory
  • Momentum Trading
  • Stock Investing
  • Stock Market for Beginners
  • Harmonic Chart Patterns
  • Algo Trading
  • Elliot Wave Theory
  • Advanced Excel
  • Cryptocurrency
  • NSE Certification Course
  • Courses:​
  • Options Trading
  • Dow Theory
  • Momentum Trading
  • Stock Investing
  • Stock Market for Beginners
  • Harmonic Chart Patterns
  • Algo Trading
  • Elliot Wave Theory
  • Advanced Excel
  • Cryptocurrency
  • NSE Certification Course
  • Webinars:
  • Bank Nifty Scalping
  • Intraday Trading Strategies
  • Options Trading Strategies
  • Options selling
  • Price Action
  • Relative Strength
  • Tax Planning
  • Options Buying
  • Growth Stocks
  • Portfolio Management
  • Relative Strength Index
  • Risk Management
  • Renko Charts
  • Crude Oil
  • Traders Psychology
  • Moving Average
  • Multibagger Stocks
  • Webinars:
  • Bank Nifty Scalping
  • Intraday Trading Strategies
  • Options Trading Strategies
  • Options selling
  • Price Action
  • Relative Strength
  • Tax Planning
  • Options Buying
  • Growth Stocks
  • Portfolio Management
  • Relative Strength Index
  • Risk Management
  • Renko Charts
  • Crude Oil
  • Traders Psychology
  • Moving Average
  • Multibagger Stocks
  • Free Learning Modules:
  • Intraday Trading
  • Options Scalping
  • Swing Trading
  • Financial Modelling
  • RSI Indicator
  • Bollinger Bands
  • Pricing of Futures
  • Personal Finance
  • Initial Public Offerings (IPO)
  • Value Investing
  • Technical Indicators
  • Candlesticks
  • Chart Patterns
  • Option Greeks
  • ELSS Funds
  • Banking and Insurance
  • Real Estate
  • Gold
  • Free Learning Modules:
  • Intraday Trading
  • Options Scalping
  • Swing Trading
  • Financial Modelling
  • RSI Indicator
  • Bollinger Bands
  • Pricing of Futures
  • Personal Finance
  • Initial Public Offerings (IPO)
  • Value Investing
  • Technical Indicators
  • Candlesticks
  • Chart Patterns
  • Option Greeks
  • ELSS Funds
  • Banking and Insurance
  • Real Estate
  • Gold
  • Book Summaries:
  • Rich Dad Poor Dad
  • Psychology of Money
  • The Intelligent Investor
  • The Richest Man in Babylon
  • Think and Trade Like a Champion
  • Value Investing and Behavioural Finance
  • Trading in the Zone
  • Learn to Earn
  • Book Summaries:
  • Rich Dad Poor Dad
  • Psychology of Money
  • The Intelligent Investor
  • The Richest Man in Babylon
  • Think and Trade Like a Champion
  • Value Investing and Behavioural Finance
  • Trading in the Zone
  • Learn to Earn
  • Tools:
  • CAGR Calculator
  • SIP Calculator
  • eLearnOptions
  • Future Value Calculator
  • Present Value Calculator
  • Atal Pension Yojana
  • Cost of Delay Calculator
  • Become a Crorepati
  • Tools:
  • CAGR Calculator
  • SIP Calculator
  • eLearnOptions
  • Future Value Calculator
  • Present Value Calculator
  • Atal Pension Yojana
  • Cost of Delay Calculator
  • Become a Crorepati

© 2023 Elearnmarkets. All Rights Reserved

  • Visit Elearnmarkets
  • Courses
  • Webinars
  • Financial Guides
  • Get Free Counselling
  • Visit Elearnmarkets
  • Courses
  • Webinars
  • Financial Guides
  • Get Free Counselling

Get Elearnmarkets App

No Result
View All Result
  • Article Categories
    • Basic Finance
    • Derivatives
    • Financial Planning
    • Fundamental Analysis
    • Technical Analysis
    • Marketshala
    • Miscellaneous
  • Language
    • Hindi
    • Bengali
    • English
  • Courses
  • Webinars

© 2020 Elearnmarkets All Rights Reserved

Suggested Learning

Technical Analysis Made Easy

Certification in Online Technical Analysis

Online NSE Academy Certified Capital Market Professional (E-NCCMP)