Financial fever is a new series, particularly curated for young and enthusiastic investors who are eager to learn. The series entails a detailed description of the top gainers and losers in the stock market indices i.e. NSE Nifty and BSE Sensex. We also provide insight on recent updates of the commodity market and forex.
WEEK 2: 7 Feb- 13 Feb
NIFTY- TOP GAINERS
NIFTY- TOP LOSERS
Steel trading at a 3 year low, in line with the global markets, this pressure on the price seems to be due to the weak economic data pouring from the world.
Gold trading at a 7 month low, the reason can be found in the strengthening US dollar and investors preferring riskier investments.
Zinc at 4 month high, this is being owed to speculative investors cutting their bearish bets.