Rear-View Mirror. Glancing Through 2019 (Equity Market, India)

Note: A fluctuation of -1% to 1% in BSE Sensex Index is normal. Below and above (outside of -1% to 1%) is worth noting.

FEB 1 2019: The Interim Union Budget for 2019–2020 was presented by Piyush Goyal. Government introduced Pradhan Mantri Kisan Samman Nidhi and Pradhan Mantri Shram Yogi Mandhan. [Ref: Wikipedia]

FEB 14 2019: On 14 February 2019, a convoy of vehicles carrying security personnel on the Jammu Srinagar National Highway was attacked by a vehicle-borne suicide bomber at Lethpora (near Awantipora) in the Pulwama district, Jammu and Kashmir, India. On 26 February, Indian jets flew into the Balakot region and bombed what they described as a JeM training centre. [Ref: Wikipedia]

MAY 5 2019: Trump says tariffs on $200 billion of Chinese goods will increase to 25%, blames slow progress in trade talks. [Ref: cnbc.com]

MAY 23 2019: Re-election of incumbent government of India with a clear mandate. [Ref: Wikipedia]

JUL 5 2019: The Union Budget for 2019–2020 was presented by Nirmala Sitharaman. INR 700 Bn Recapitalization of PSU Banks.

AUG 23 2019: FM announces withdrawal of enhanced surcharge on FPIs, domestic investors. [Ref: Economictimes.indiatimes.com]

SEP 23 2019: Finance Minister Nirmala Sitharaman introduces Bill in Lok Sabha to cut corporate tax [Ref: Economictimes.indiatimes.com]



Quote of the day:

“Even the Most Intelligent Investor Is Likely To Need Considerable Willpower to Keep From Following the Crowd” – Benjamin Graham

“Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard.” - Warren Buffett