Domestic air traffic grew by 16.5 per cent in September with aggregate 84.5 per cent passenger load factor (PLF). Among airlines, SpiceJet reported highest passenger growth at 26 per cent, followed by InterGlobe Aviation or IndiGo at 14 per cent and Jet Airways at 8 per cent.
Rise in general income, research and innovation in science and technology is making huge waves in almost every sector, including the healthcare, all over the world.
Call option-holders were at a clear advantage last week, as the Nifty broke its previous high and gained more weight in a short span of time. Now that the banking sector has also joined the rally, the Nifty would probably remain in a firm trend.
Last week saw a marked improvement in market sentiment. The movement of the index was distinctly positive and the market breadth was good for the large part of the week. More sectors and more number of stocks participated in the rally.
The market is riding on strong macroeconomic fundamentals and this growth would continue, giving retail investors an opportunity to participate in this growth, says Arun Thukral, MD & CEO, Axis Securities.
The edible oil manufacturers and refiners were pinning their hopes on the government slapping a higher import duty to check the falling prices of oilseeds. But the latest projection of a bullishness in palm oil prices seems to have dashed their hopes.
Guar prices have been falling for the past two months. Going ahead, the market expects prices to move up from relatively higher export demand and lower production estimates.
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It is not common to see fear, greed and hope walking hand in hand on Dalal Street. At any point, the Street is dominated by either one, or even two, of the sentiments.
The bullishness among domestic investors regarding the India story is fuelling a shift in the manner of savings.
Maize prices have started rising after staying stable in September as the unseasonal rains damaged crop in some parts of the country, which may further lower the estimated kharif production.
Base metal counter is eagerly awaiting nomination of the next US Federal Reserve chairman to understand further direction of the dollar. While the strength in dollar, of late, has not gone well with the base metals, aluminium touched 5-year high last week on strong fundamentals.
Domestic passengers number witnessed another month of moderate growth in September at 16.5 per cent against over 20 per cent growth seen for 15 consecutive months between November 2015 and January 2017.
With the market scaling historical highs and declining returns from fixed deposits and real estate, equity mutual funds are attracting fresh investors like never before.
Another week, another new high by the Nifty and another assertion by the bulls! This time, it was the turn of the banking sector, languishing for long, to lead the rally. The market got an overwhelming surprise from the government for the sheer size of its recapitalisation package.