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Stock Market After Indian Election Results

Stock Watch - Thu, 05/23/2019 - 06:00
On the day of counting, early reports suggests that Prime Minister Narendra Modi is going to be at the office for a second consecutive term. The NDA (National Democratic Alliance) led by his party BJP is almost certain to cross the half mark. This is inline with the exit poll results that was published few days earlier. Effect on Stock Market As expected both the NSE Nifty and BSE Sensex indexes to new levels. Nifty is all set to cross the 12000 mark and financial analysis believe that it may go up to 12200. Meanwhile BSE sensex cross  39,900 a
Categories: Stock Watch

Virtual Currency vs Cryptocurrency vs Digital Currency

Stock Watch - Wed, 05/22/2019 - 14:46
The virtual currency industry is growing bigger and bigger every day. It’s hard to keep up with all the new terms and words that pop up and get invented to try to describe all that is happening in this red hot industry. Especially now that giant companies, like the JP Morgan, are hopping into the bandwagon and are releasing their own coin. According to JP Morgan, their new coin is not virtual money or even cryptocurrency. It will only be available in their bank and will be used to reinvent processes that happen inside the bank, sort of like bonds
Categories: Stock Watch

Indian Election 2019: Exit Polls Predict Modi’s Victory

Stock Watch - Mon, 05/20/2019 - 01:09
The result of exit polls indicates that Prime Minister Narendra Modi is likely to retain his post. Twelve out of the thirteen exit polls predicted that National Democratic Alliance (NDA) led by Modi’s Bharatiya Janata Party (BJP) will easily win the simple majority in parliament. To form a government in India, the political party or the alliance of parties require a minimum of 272 seats in the 545-member Indian lower house of parliament. The only exit poll that differed from the rest is the NewsX-Neta poll which predicted that NDA will be 30 seats short and a hung parliament. According
Categories: Stock Watch

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