US stocks closed higher on Monday, with all three major stock indicators extending their year highs, thanks to gains across Asia and much of Europe. The BSE Small-Cap index and Mid-Cap index rose 0.8% and 0.4% respectively. The NSE Nifty was trading at 5187.70, up 0.2% from the previous close. On the corporate front, future earnings growth will have to reflect pick-up in demand rather than just cost cutting.Īt 10:07 am, the BSE Sensex was at 17,404.94, up 44 points or 0.26% from the previous close. There are also worries as to how different nations go about withdrawing the emergency stimulus measures, and how it may affect the economic recovery. Factors like rising inflation, an impending hike in interest rates and high fiscal deficit could weigh on the sentiment. One will have to be extremely choosy and careful. The headroom for further advance is limited. We would urge some caution at this juncture, as the market has already had a spectacular rally this year. Trading volume might be thin, both here as well as overseas, as many players would have opted for an extended year-end holiday.
With only three trading sessions and F&O expiry one will have to brace for a volatile week. However, the main indices have come off from the day's high after the initial burst. In the process, it managed to cross the 5200 mark. What is Dematerialization & It's ProcessĪs expected, Indian stocks extended last week's advance, with the NSE Nifty hitting a new high for the year 2009.Difference Between Demat and Trading Account.Documents Required to Open a Demat Account.Aims, Objectives and Importance of Demat Account.