Bank shares on fire .. why?

#1
What happened to Bank shares on 1st January ..?? :confused:
they suddenly went up....!

Can someone please explain the reasons..?
Your comments are most welcome..
 
#5
Thanks sudoku1 for quick reply.
But how rbi meet will affect on bank share prices?


Could you elaborate more ?
Read financial newspapers and watch financial news Akshay, you must know how these events affect the share prices if you are trading /planning to trade them.

Smart_trade
 
#6
Read financial newspapers and watch financial news Akshay, you must know how these events affect the share prices if you are trading /planning to trade them.

Smart_trade
Thanks Smart_trade for suggestion,

I can understand this happened due to fiscal cliff resolution in US.

can we have any feature like 'economic calender', which is used in commodity market, to keep watch on events that may affect on prices of particular sector?

could you please tell some more guidelines?
 

Similar threads

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?