NSE And BSE Market Scenario And Staying Updated With Related News
As per NSE and BSE live statistics, cutting on excise duty on development and manufacturing of hybrid vehicle kits from the existing 10 percent to 5 percent has been proposed. Well, this is not the end of the measures announced by the Budget. Exemption on counter-vailing duty on import of special hybrid parts and customs has further led stocks listed in the NSE of India and BSE of India gain ground. With the clearance of the Banking Regulation (Amendment) Bill 2011, the financial sector will see a big boom in the near future. Thanks to the decline of food inflation by 1 percent; this will cause the BSE sensex and nifty to exhibit rising graphs with very negligible downtrends.
BSE live statistics also exhibits the gainers of the companies listed in the BSE of India following the announcement of the Union Budget; worth mentioning are M&M, Tata Motors, BHEL, Jaiprakash Asso, Maruti Suzuki, ITC, HDFC, Bajaj Auto, REL Com, Larsen, Hindalco Ind, State Bank of India, and Sterlite Industries, to name a few. This is only a tip of the iceberg. There are more BSE live statistics to be considered if you want an overall view of the stock market concerning the BSE of India. There are top gainers and top losers and more related news going through which you can decide on which stocks to invest for the short term. Long term investment, especially in blue chip companies, will require you a one-time research to know about the company's growth record over the past several years. And if you happen to invest for the long term in a company that has maintained a consistent growth record, you need not worry further once you put in your money. You are sure to get the returns and you need not worry about the often volatile market atmosphere. Yes if you are going to invest for the short term in stocks listed in the NSE of India and BSE of India, you will always have to stay updated with the nifty and BSE sensex.