For submitting your details. We will call you as per the time given by you.
We are sorry. You have exceeded the number of requests permitted. This is in the interest of our investors. Please feel free to call us at toll free number for further queries.
In the fortnight from 1st to 15th January 2019, major markets around the world gained mainly because of positive developments around U.S.-China trade talks.
U.S. markets gained on optimism over trade talks between the U.S. and China. However, concerns over U.S. government shutdown and slower than expected growth in U.S. services sector activity restricted gains.
Brexit was a pain point for an otherwise buoyant European markets as the U.K. Prime Minister braced herself for a vote in Parliament on her proposal to exit the European Union.
Asian market gains were halted by weak Chinese trade data making investors anxious of the slowing economic growth and the effect on global economy.
Indian equity markets grew on the back of positive global cues, upbeat economic numbers and favourable reports by the World Bank and World Economic Forum. Easing inflation made investors hopeful of a rate-hike by the Reserve Bank of India (RBI).
The banking and finance sector gained driven by optimism over growth outlook. The RBI Governor announced that the central bank will take steps to address any shortage of liquidity in the economy.
The auto sector was subdued with car sales in December remaining low. The consumer sector gained on growth optimism, but the oil and gas sector suffered due to rise in prices of crude oil.
The Indian rupee plunged against the U.S. dollar following rise in global crude oil prices and increase in dollar demand from importers.
Source: MFI Explorer
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
Give us a call on
1800 270 7000 within IndiaGet a call back