Amid the ongoing uncertainty in the financial markets around the world, the rise in crude oil prices is expected to lead to a major fall in the Indian stock market. Global brokerage firm Bank of America (BofA) Securities said that by December this year, the Sensex may break more than 3,000 points from the current level.
At the same time, Nifty can fall by about 1,000 points from the current level to reach 14,500. Earlier, the brokerage firm had projected the Nifty to reach the level of 16,000 in January 2022. On Wednesday, the Sensex fell 1.35 per cent to 51,822.53 and the Nifty slipped 1.44 per cent to close at 15,413.30.
The report said that since October last year, the Sensex has lost more than 18% and the Nifty has lost more than 16%. Given the current situation, there is a possibility of further downside in the market. After the epidemic, due to rapid demand increase in economic and business activities around the world, crude oil prices will remain at high levels even further. Due to this there is a possibility of further fall in the stock markets.
2.3 lakh crore investment in equity market
Retail investors have been continuously investing in the equity market for the last two years. He has invested Rs 2.3 lakh crore in the equity market through the NSE cash market segment. Of these, 1.6 lakh crore rupees were invested in 2021-22.
Foreign investors withdrew three lakh crores
- The share of foreign investors in the Indian market is continuously decreasing. It had come down to a nine-year low of 19.7 per cent in December 2021. On the other hand, the share of retail investors in NSE listed companies rose to a 14-year high of 9.7 per cent.
- Foreign investors have withdrawn Rs 3 lakh crore from the domestic market since October 2021.
dwindling retail investors
Nifty was at its record level of 18,694 in October, 2021, when 20.41 lakh new investors came to the stock market in that month. Since then, the number of retail investors has been decreasing continuously in view of the sharp fall in the market and selling by foreign investors.
continuously decreasing numbermonth joiners
November, 2021 19.29 lakh
December, 2021 18.70 lakhs
January, 2022 18.37 lakhs
February, 2022 15.76 lakh
March, 2022 14.70 lakhs
April, 2022 13.29 lakh
Right time for retail investors
This is the right time for retail investors to make profits from the market. Investors who have missed the opportunity of March, 2020, there is an opportunity to invest again. Kishore Ostwal Chairman, CNI Research
Sensex fell 706 points, capital lost by Rs 3.43 lakh crore
The continued rally in the domestic stock markets for the last two trading sessions stopped again on Wednesday. Sensex closed 709.5 points lower at 51,822.53 on selling in global markets, foreign investor capital outflow and rupee hitting a record low. Nifty slipped 225.50 points to end at 15,413.30.
- Investors’ capital declined by Rs 3.43 lakh crore to Rs 237.20 lakh crore.
- Shares of 26 companies out of 30 Sensex closed in the red mark.
Rupee may fall to 81 level at record low
The rupee on Wednesday weakened by 19 paise to close at a record low of 78.32 against the dollar. BofA Securities said that the rupee may fall to the level of 81 by the end of this year.
Expansion
Amid the ongoing uncertainty in the financial markets around the world, the rise in crude oil prices is expected to lead to a major fall in the Indian stock market. Global brokerage firm Bank of America (BofA) Securities said that by December this year, the Sensex may break more than 3,000 points from the current level.
At the same time, Nifty can fall by about 1,000 points from the current level to reach 14,500. Earlier, the brokerage firm had projected the Nifty to reach the level of 16,000 in January 2022. On Wednesday, the Sensex fell 1.35 per cent to 51,822.53 and the Nifty slipped 1.44 per cent to close at 15,413.30.
The report said that since October last year, the Sensex has lost more than 18% and the Nifty has lost more than 16%. Given the current situation, there is a possibility of further downside in the market. After the epidemic, due to rapid demand increase in economic and business activities around the world, crude oil prices will remain at high levels even further. Due to this there is a possibility of further fall in the stock markets.
2.3 lakh crore investment in equity market
Retail investors have been continuously investing in the equity market for the last two years. He has invested Rs 2.3 lakh crore in the equity market through the NSE cash market segment. Of these, 1.6 lakh crore rupees were invested in 2021-22.
stock market ,stock market closed ,sensex ,nifty
