Despite the RBI hiking rates by 25 bps, the Indian live stock market exhibited an upward trend with BSE and NSE nifty stocks performing beyond expectations. Yes, only last month NSE and BSE online price of stocks declined leading to the sensex almost reaching the 15500 figure and nifty below 5,000 mark. A ray of hope has no doubt emanated amid the investors with the Live Stock Market showing positive growth. But the volatility is yet to strike again as has been noticed for the past several months.
A little up and then an extending downfall – that has been the situation of the BSE and NSE stock market scenario. So when you buy nifty stocks or those of BSE online, do have a close watch on market price, especially if you are trading for the short term. Market experts will always advise you to invest for the long term in such a volatile scenario. Of course there are investors who do gain from Sensex and nifty stocks from short term trading, closely watching market price in the changing live stock market. Oil marketing companies have reasons to rejoice after they saw a rise following hike in petrol prices (16th Sept.) by Rs. 3.14/l.