1 / 2

Year end specials: 10 events that moved the markets in 2016

Year end specials: 10 events that moved the markets in 2016 on Business Standard. After a roller-coaster year, Indian indices set to end 2016 with little gains

renitasaint
Download Presentation

Year end specials: 10 events that moved the markets in 2016

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Year end specials: 10 events that moved the markets in 2016 Year end specials: 10 events that moved the markets in 2016 Breaking News unexpected vote to exit the European Union to Republican candidate Donald Trump’s upset victory in the US Presidential election, from Raghuram Rajan’s decision of not seeking a second term as the Reserve Bank of India (RBI) governor to India’s sudden surgical strike on Pakistan – the Indian stock market dealt with all these shocks through Markets 2016 however, was the government’s call towards the end of the year to demonetise Rs 500 and Rs 1,000 currency notes. After 12 months of a roller-coaster ride, the market now seems poised to end the calendar year at almost the same level as at the start of 2016. As at close on Tuesday, the BSE benchmark Sensex was merely 96 points, or 0.4%, higher at 26,213.44, and the broader National Stock Exchange Nifty was up 86 points, or 1%, at 8,032.85. Breaking News - The year 2016, indeed, has been a year of many surprises. From Britain’s Markets 2016. The biggest of them all, 1.January: The devaluation of the yuan 2. 2.February: Union Budget 2016-17 3. 3.June: The so-called Rexit 4. 4.Brexit 5. 5.July-September: Monsoon, GST Bill 6. 6.September: Surgical strike 7. 7.November: Donald trumps Hillary in US election January: The devaluation of the yuan February: Union Budget 2016-17 June: The so-called Rexit Brexit July-September: Monsoon, GST Bill September: Surgical strike November: Donald trumps Hillary in US election

  2. 8. 8.November: Demonetisation of high-value currency 9. 9.December: Surge in oil prices 10. What lies ahead? November: Demonetisation of high-value currency December: Surge in oil prices 10.Another rate hike by the US Fed What lies ahead? Another rate hike by the US Fed Going into the calendar year 2017, the market will track the demonetisation impact on quarterly earnings. The Budget 2017 and any development on GST will also be in focus. Baliga believes the Union Budget could be tilted to balance the ill-effects of demonetisation. On the global front, Trump’s policies in the US and the impact of Brexit on the European economy will be keenly watched. Be Updated on Stock Market News & Latest Business News | Business Standard

More Related