Analysts and investors had high hopes of the BSE sensex and nifty exhibiting good results in the New Year. But results are otherwise. Both the BSE of India and NSE of India are showing mixed results when it comes to market performance. The companies listed in these bourses are swinging in the pendulum. If five sectors are doing good today, the next day other sectors take their place.
The BSE India, Asia’s oldest stock exchange, has witnessed fast growth over the years with marked downfalls thrice. The growth rate starting from the last phase of the preceding year till present has not been satisfactory. Thousands of companies comprising of big, small and medium sized entities listed in the BSE of India are no doubt influenced by market conditions. The rise and fall of the values of shares sold by these companies depend on market factors.
Heavy selling rather than buying does affect the performance of the BSE sensex. The first month of the New Year is going to end with no forceful positive signs. The BSE sensex figures are still hovering in between the 18,000 and 19,000 mark. But investors are not losing hope.
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