14:27
Moneycontrol BureauLive Market Commentary
The market remained firm in afternoon trade with the equity benchmarks rising 0.7 percent, ignoring the shutdown of US government.
The Sensex is up 129.60 points at 19509.37, and the Nifty is up 37.70 points at 5773. Advancing shares outnumbered declining ones by 1203 to 943 on the Bombay Stock Exchange.
The US government shut down - the first time since 1995-96 - as the Republican and the Democrats failed to reach an agreement on spending and budget mainly due to their differences over the healthcare reforms, which is popular as Obamacare.
Bruce Kasman, Chief Economist and Managing Director of Global Research, JPMorgan feels the global equities already responded to this.
"The issue here is not the shutdown per se, but how the shutdown prepares for debt ceiling debate coming up. Markets have become cautious, but they are not really going to respond negatively to get close to the debt ceiling debate. If we feel that is actually potentially going to go bad then we have a much more significant negative to hit in the equity market," Kasman explained.
Anda sedang membaca artikel tentang
BSE Sensex soars 130 pts; HDFC Bank, ICICI rally 2.7%
Dengan url
http://sehatgayahidup.blogspot.com/2013/10/bse-sensex-soars-130-pts-hdfc-bank.html?m=0
Anda boleh menyebar luaskannya atau mengcopy paste-nya
BSE Sensex soars 130 pts; HDFC Bank, ICICI rally 2.7%
namun jangan lupa untuk meletakkan link
BSE Sensex soars 130 pts; HDFC Bank, ICICI rally 2.7%
sebagai sumbernya
0 komentar:
Posting Komentar