Scribd
Upload
53 views1 page

Nifty50 Performance Interpretation - May 2019

The Nifty50 index performance in May 2019 fluctuated due to developments in US-China trade negotiations, the Indian general election, and quarterly earnings results. The index fell when trade talks broke down or economic data disappointed, but rebounded on hopes of a resolution or as election exit polls predicted a stable government. Foreign investors purchased Indian stocks following the clear election mandate for the BJP-led NDA coalition.

Uploaded by

ASHOK
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
53 views1 page

Nifty50 Performance Interpretation - May 2019

The Nifty50 index performance in May 2019 fluctuated due to developments in US-China trade negotiations, the Indian general election, and quarterly earnings results. The index fell when trade talks broke down or economic data disappointed, but rebounded on hopes of a resolution or as election exit polls predicted a stable government. Foreign investors purchased Indian stocks following the clear election mandate for the BJP-led NDA coalition.

Uploaded by

ASHOK
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

Nifty50 Performance Interpretation – May 2019

Nifty Performance Reason

May 6 (▼ by - 0.97% ) US-China trade spat – The benchmark indices made a subdued start to the week with
metal stocks taking the heaviest hit after US President Donald Trump's comment that
he would raise tariffs on $200 billion of goods to 25 per cent on Friday from 10 per
cent.

General elections - Investors also turned cautious amid the start of fifth phase.

Q4 numbers - The other reason that added to the fall could be the announcement of
Q4 numbers. Bharti Airtel, ICICI Bank, HCL Tech are scheduled to declare their
March quarter results this week
May 8 (▼ by - 1.20% ) US President Donald Trump’s latest threat to ramp up trade tariffs on China stoked
worries that trade talks may be derailed and this rattled both domestic as well as
world markets.
Another reason is elections. Investors, especially institutions, are not going long
ahead of the outcome of the national election
May 13(▼ by - 1.16% ) Benchmark indices Sensex and Nifty closed in the red for the ninth consecutive
session today amid falling Asian markets after trade talks between the US and China
concluded on Friday without an agreement.
Weak economic data (the Index of Industrial Production ) by Central Statistics
Office.
May 14(▲ by 0.66% ) Domestic benchmark indices snapped nine-day losing streak on Tuesday as
comments from Washington and Beijing helped soothe investor worries about a
deepening trade row. Comments from US President Donald Trump that he expects
trade negotiations to be successful eased some worries.
May 17(▲ by 1.33% ) General Election - With the last phase of elections scheduled for Sunday, the all-
round buying across the sectors reflects market's anticipation that exit polls may
indicate formation of a stable government.
Quarterly numbers shine- Four Nifty companies posted their March quarter numbers
today. Out of them, three posted stellar gains, thus infusing a sense of optimism in
Indian equities.

May 20 (▲ by 3.69% ) Exit poll forcast - Exit polls showed that the Narendra Modi-led NDA is returning to
power with a thumping majority in the Lok Sabha elections. Foreign portfolio
investors (FPIs) bought stocks worth ₹1,734 crore in the cash segment

May 21(▼ by - 1.01% ) Benchmark indices were dragged down by profit booking on May 21, a day after
clocking strong gains on the back on exit polls for Lok Sabha Election 2019. Its
contradict to Global stocks gain as U.S. eases Huawei restrictions
May 24 (▲ by 1.60% ) Election result - The impact of the 2019 Lok Sabha results shows bechmark indices
Sensex and Nifty ended near day’s high level on May24 after BJP (Bharatiya Janata
Party)-led NDA (National Democratic Alliance) government got clear mandate. The
FPIs have stepped up buying in stocks as there is an anticipation that there could be
announcement regarding reforms in this Budget itself

You might also like