Market Updates

Good evening *Market Updates*;: Currently we have been seeing volatility in stock markets. There could be various reasons to this ie Global factors & Domestic factors. *Global factors*:: 👉👉US - China trade war getting not better. There could be shifting of global companies to other territories. It could be favourable for India in the very long run. The trade war + shifting of territories is resulting in a global slowdown. 👉👉European Zone with Germany in recession phase. 👉👉BREXIT issues + Recent attacks on Saudi oil . These factors tend to affect the financial markets. As regards domestic factors:: 👉👉Latest issue being the distrust development on NBFCs like IL& FS issue, Dewan Housing etc + Banks ie Yes Bank, PMC Bank, RBL & RBI laying stern action on some co-operative banks/pvt banks. Overall we could see volatility continuing in the stock markets.