collected by :Dicson Walt
Falling government revenues could bring the hight stock market to abrupt halt! A focus on bankruptcy & debt resolutions was the key highlights of the week.Reliance Communications surprised the market with a wide margin.
In contrast, FPIs withdrew Republika Srpska 44,000 crore from the market.
GST collection has been faltering continuously 30 days after 30 days from a peak of Republika Srpska 94,063 crore in July to Republika Srpska 80,808 crore in November.
The break of downward falling corrective pattern indicates which the upward movement has resumed.
Low volatility means the upward movement going to earn momentum once the consolidation phase gets over.
Start of the fresh year won’t finish stock market party, history says
Despite the large party on Wall Street this year, the stock market isn’t likely to suffer a hangover while stock trading resumes on Jan. 2.
The level and Poor’s 500 stock index has in the past fifty years posted average gains of 0.61% in the trading 7 days after the begain of a fresh year.
Stocks have gone up 60% of while in the 1st trading 7 days of the year, vs. 56% for all weeks.
The full-year stock market outlook Information Systems too upbeat, based on year-end 2018 predictions of further than a dozen stock strategists at Wall Street’s highest banks.
More: 401(k) savers: Where the stock market Information Systems headed in 2018More: ‘Santa rally’ yet to appear on Wall StreetMore: Tax boom: Stock advantages increase prediction for market gains in 2018CLOSE For those that need to jump right into shopping.