Posts Tagged ‘Market’
By the Editors
Who should own a home? From the late 1960s to the mid-1990s, the answer in the U.S. was surprisingly consistent. Homeowners were savers who could muster significant down payments, with incomes solid enough to enable them to start repaying mortgages right away. During war, peace, boom times and recessions, the national rate of home ownership remained steady at 64 to 65 percent of households.
Starting in 1995, a home-ownership craze began. The belief took hold that rising home ownership meant a better society, no matter how fragile new buyers’ finances might be. Down payments started to matter much less; the same was true of income, which came to be ignored through no-documentation “liars’ loans.” By late 2004, a record 69.2 percent of American households owned their homes.
housing market’s subsequent collapse has shown ubiquitous ownership to be a costly delusion. In the past nine quarters, more than 2.1 million homes have been foreclosed on. Lenders have lost countless billions of dollars in mortgage defaults or modifications. Yesterday brought news that the S&P/Case-Shiller index of urban home prices fell 3.6 percent in March from a year earlier, to the lowest level since 2003. The American housing slump isn’t finished yet.
Concerns on inflation have time and again affected the BSE and NSE share market. Besides inflation, weak global cues also lead to low performance of the NSE and BSE market. In the early morning trade (21st Oct.), while BSE Sensex opened up by 38 points (0.2 per cent), the NSE Nifty started the day up by 9.8 points (0.19 per cent). Soon, the sensex tumbled 2.62 points or 0.02 per cent at 16,934.27 and nifty by 4.45 points or 0.09 per cent at 5,087.45. It has been for a year now that the BSE and NSE share market has been witnessing volatility. Novice investors are the worst sufferers as they are hardly aware about the market dynamics. It is the experts who still maintain a win-win situation.
Cautiousness and market updations are the lifelines of the investors in the BSE and NSE share market in the true sense of the term.
The development witnessed all around is all a result of business at the state, national, and international level. The job you are backed with, the money you are investing on in the market, and more are all related to business activities. Those who are directly associated with business and the market will certainly go through business line news to get updated. It won’t be an exaggeration if it is said that majority of the entrepreneurs take the day’s decisions after considering business line news related to their respective segments. Finance ministry wanting Oil and Natural Gas Corp’s (ONGC) fuel subsidy outgo to increase almost double to Rs 47,640 crore this fiscal, Rupee at new 2-yr low of 47.81/82-down 55 paise Vs dollar, EGoM to review export ban on onion, Pranab to seek US investments in infrastructure space, Senior Essar official before Magistrate, are few of the business line news at the moment (19th Sept.).
The NSE and BSE market including commodities market are also directly linked to business news.