Friday, June 03, 2016

Indian Stock Market Ahead - June 2016

The stock market in India will continue to see a bullish run. But contrary to what the popular financial wizards might say, this is perhaps the best time for punters to be in stock market business.

Banks will like to clear up their balance sheet as Window dressing and incorrect projections could become a relic of the past. Banks would cut down interest rates to favor the entrepreneur.

Stern measures would be taken by the central govt to shore up tax collections.

In General conclusion, Stock markets in India will go through a period of consolidation leaving the investor richer in the years to come.

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Eq mkt Holidays for the 2017 year

Sr. No.

126-Jan-2017ThursdayRepublic Day
404-Apr-2017TuesdayRam Navami
514-Apr-2017FridayDr.Baba Saheb Ambedkar Jayanti/ Good Friday
601-May-2017MondayMaharashtra Day
726-Jun-2017MondayId-Ul-Fitr (Ramzan ID)
815-Aug-2017TuesdayIndependence Day
925-Aug-2017FridayGanesh Chaturthi
1002-Oct-2017MondayMahatama Gandhi Jayanti
1119-Oct-2017ThursdayDiwali-Laxmi Pujan*

*Muhurat Trading will be conducted. Timings of Muhurat Trading shall be notified subsequently.

The holidays falling on Saturday / Sunday are as follows:

Sr. No.DateDayDescription
109-Apr-2017SundayMahavir Jayanti
202-Sep-2017SaturdayBakri ID
504-Nov-2017SaturdayGurunanak Jayanti