Protests against Donald Trump's win turn violent

Protests in the US against Republican presidential candidate Donald Trump's election victory have turned violent as demonstrators take to the streets for a second day.

Thousands of protesters on Thursday threw objects at police in Portland, Oregon, and damaged a car park, the Portland Police Department said on Twitter.

Some protesters sprayed graffiti on cars and buildings and destroyed shop windows, local media in Portland reported.

"Many in the crowd are trying to get anarchist groups to stop destroying property, anarchists refusing. Others encouraged to leave area," the department said on Twitter after declaring the demonstration a riot.

As thousands of people marched, some vandalised shop windows, lit firecrackers and set waste bins on fire.

An estimated 4,000 protesters chanted "We reject the president-elect!", with some throwing objects at police, prompting several arrests.

On the East Coast, protests occurred in Washington DC, Baltimore, Philadelphia and New York, while on the West Coast demonstrators rallied in Los Angeles, San Francisco and Oakland in California besides Portland.

Dozens in Minneapolis marched on to Interstate 94, blocking traffic in both directions for at least an hour as police stood by.

A smaller band of demonstrators briefly halted traffic on a busy Los Angeles freeway before police cleared them off.

Baltimore police reported about 600 people marched through the downtown Inner Harbor area, with some blocking roadways by sitting in the street.

Two people were arrested, police said.

In Denver, a crowd that media estimated to number about 3,000 gathered on the grounds of the Colorado state capitol and marched through downtown in one of the largest of Thursday's events.

Hundreds also demonstrated in Dallas.

Thursday's gatherings were generally smaller in scale and less intense than Wednesday's, and teenagers and young adults again dominated the racially mixed crowds.

"Just had a very open and successful presidential election. Now professional protesters, incited by the media, are protesting. Very unfair!" Trump said in on Twitter on Thursday night.

Police pitched special security barricades around two Trump marquee properties that have become focal points of the protests - his newly opened Pennsylvania Avenue Hotel in Washington DC and Trump Tower, where he lives in Manhattan.

In the nation's capital, about 100 protesters marched from the White House, where Trump had his first transition meeting with President Barack Obama on Thursday, to the Trump International Hotel several blocks away.

At least 200 people rallied there after dark, many of them chanting "No hate! No fear! Immigrants are welcome here!" and carrying signs with such slogans as "Impeach Trump" and "Not my president".

Trump supporters say the protesters are not respecting the democratic process.

As of Thursday, Hillary Clinton, the Democratic Party candidate, was leading Trump in votes nationwide 47.7 percent to 47.5 percent, but Trump secured victory in the Electoral College.

Source: Internet

12/20/2013 Up date on stock market

 The BSE Sensex gains 1.76 percent and Nifty is up nearly by 1.72 percent with BSE at 20,776.69 and NSE at 6,181.35. 

Software industries stocks gain after Accenture Plc said it expected its consulting business to orders rise orders

IT stock are also added in the portfolio after a stronger economic growth in US ,as it is a biggest outsource market in US

Tata Consultancy Services ltd gains 1.7 percent, Infosys Ltd up 1 percent, HCL Technologies Ltd rises 0.29 percent, Wipro Ltd adds 3.8 percent, while Tech Mahindra ltd surges 3.12 percent.

Reliance Industries Ltd gains 4.75 percent after the government allowed the company to charge higher prices for gas from April.

Rupee is down from last four days because of reduce inflows after the Fed tapering.

As yesterday rupee was 63.25 per dollar but as of today it has down sized to 62.14

With the coming event like x-mas and the year-end wil help the market to increase by 3% till December end

12/18/2013 up date

Sensex fell down for the sixth day with nifty slashing down to6150 point. Market opened and traded in green for most part of the session but as of last 6 session till date  index began to be in red with decrease to 6150 level down.

With a annoncement of RBI to increase repo rate by 25basis point  on 18 th December . all the banking stock has been moving to red with hdfc at 2.5 per cent to end atRs. 778.45.          and state bank of india  at fell 0.8 per cent toRs. 1,718.30.                        

But some of the defending stocks  such as health and IT  stocks, gained Ranbaxy closed with over 5 per cent gains, while Cipla ended 3.2 per cent higher. Sun Pharma advanced 2.2 per cent.

Another factor measured on sentiments of US Federal Reserve policy decision later this week. Fed will start to reduce its $85 billion-a-month bond-buying programme, 

Effect of RBI announcement on index

An unexpected increase in inflation will likely to be seen after the Reserve Bank of India planning to raise interest rates for the third time in four months which ultimately can affect  the stock  index of 18 th 2013. 

As of today it is already low from last five days we can expect it to be slashing bit more down by the announcement of repo rate increase up to 8% which will be expected till September 2014. After then RBI can think of lowering the rate slightly but not as of now. It can also be said that rate hikes are 25 basis point .

16/17/2013 markets up dates

The Sensex resumed at 20,714.26 and moved in a range of 20,764.52 and 20,667.02 before arriving at 20,731.70 at 1045 hrs(morning), showing a  gain of 16.12 points or 0.08 per cent as against last weak result.

The NSE 50-share Nifty also moved up by 4.95 points or 0.08 per cent to 6,173.35 at 1045 hours. 

Major gainers were Infosys (1.96 per cent), ICICI Bank (1.15 per cent), Larsen (0.99 per cent) and TCS (0.96 per cent) while losers were Jindal Steel (2.31 per cent), Hindalco (1.98 per cent), M&M (1.07 per cent) and Hero Motocorp (1.06 per cent).

STOCK MARKET

Stock market is a place where buying and selling of security takes place. It’s a platform where the mutual interest of seller and buyer is protected by acting as a mediator between seller and buyer. It also help in raising capital from the general public once it is registered with stock market.

The liquidity that an stock market affords the investors gives them the ability to quickly and easily sell securities on the real time basis.

Stock market is also indicator of economic gdp of the country. Which means an economy where the stock market is on the rise is considered to be an up-and-coming economy.

Stock market acts as an index to show the country strength and weakness.

It means in the economy the sector for which stock price are increasing means there is lot of profit in the particular sector and the general public are interested to invest in the particular sector.

Share prices also affect the wealth of households and their consumption. Therefore, central bank tend to keep an eye on the control and behavior of the stock market and, in general, on the smooth operation of financial system functions. Financial stability is the main function of central banks

Exchanges also act as the clearinghouse for each transaction, meaning that they collect and deliver the shares, and guarantee payment to the seller of a security. This eliminates the risk to an individual buyer or seller that the counterparty could default on the transaction The smooth functioning of all these activities facilitates economic growth in that lower costs and enterprise risks promote the production of goods and services as well as possibly employment. In this way the financial system is assumed to contribute to increased pros

BSE Sensex down 281 pts, Markets in free fall after poll

Markets started the week with a hike as both the key indices, Sensex and Nifty, reached new intra-day peaks on Monday influenced by BJP's victory in Assembly polls but later result to down fall and ended in the red.

The Sen sex opened at 21,416.67 and rose to peak of 21,483.74 after the BJP's poll win in three states .

Afterwards, the 30-share index begain falling for the next four days. The BSE index lost 280.95 points, or 1.34 per cent, over the last weekend's close to 20,715.58. On Monday different index  had sudden increase and closing high at 21,326.42.

The situation became worse further on Friday after weak factory output data and rise in retail inflation result in the fears that RBI may hike key interest rates .

The Sensex had gained 779.14 points, or 3.85 per cent, in the previous two weeks.

Fall in the rupee result in two-week closing low of 62.12 against the dollar on Friday also weighed on the market. The market reacted negatively to comments on inflation from RBI Governor Raghuram Rajan as it triggered speculation that he will raise the lending rate next week.