Why The Sensex Saw Its Biggest Weekly Fall Of 2015?

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    It was not a good week for the markets as the benchmark indices ended sharply lower on the first and the last day of the trading week, resulting in huge weekly losses for the indices.

    Why The Sensex Saw Its Biggest Weekly Fall Of 2015?
    Indices
    Here are a few reasons for the fall. 
     

    US Interest Rate Hike Fears

    It began the week on a dismal note after the previous week saw solid robust employment data from the US. This sparked concerns that there would be an earlier than expected interest rate hikes in the US.

    Inflation Data Worrying

    Worries that the rise in CPI inflation data could hault the RBI rate cuts, also affected markets sentiments. CPI inflation for the month of Feb rose to 5.46%. Analysts had expected inflation readings near 5.25 per cent.

    Rupee Falls To Two Week Low

    A drop in the rupee to a two week low also discouraged investors. FIIs though did not sell aggressively through the week and on a few days their net selling was modest in the cash markets.

    Trend For the Next Week

    The mood for the next week does not look too encouraging and analysts expect the markets to fall in the coming week as well. Technicals are not perfectly placed for a rally as the Nifty has fallen below the 8700 levels.

    Also, there are no major triggers at the moment for the markets, which are now awaiting the RBI Monetary Policy dues next month.

    GoodReturns.in

    Read more about: sensex nifty
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more