Indian markets have sustained the bullish scenario

On Monday, BSE Sensex has moved up by 473.47 points or 1.72 per cent to 27600.66 point after August 19, 2015; whereas the Nifty 50 has jumped by 1.58 per cent or 131.55 points to 8454.30 points after Aug 19, 2015 so far. Sector wise S&P BSE Auto is up by 404.65 points or 2.04 per cent to 20113 points, BSE Bank index is up by 315.85 points or 1.8 per cent to 18332.10 points, S&P BSE Capital goods has jumped by 240.62 points or 1.59 per cent to 15398.18 points, BSE Healthcare has jumped by 189.56 per cent or 1.18 per cent to 16229.40 points, BSE Oil & Gas has jumped by 165.99 points or 1.67 per cent to 10122.98 points so far. Meanwhile Asia's top most markets have also moved drastically. Nikkei is up by 662.03 points or 4.14 per cent, HangSeng Index is up by 338.2 points or 1.64 per cent, Reuters Equity HK Index is up by 228.21 points or 1.46 per cent.

The factors which have moved the Indian Capital market upwards are:
A. US economy added 287000 jobs in last month.
B. All sectoral indices on the BSE traded higher, and BSE midcap Index rose over 1 per cent to hit 52 week high of 12009.
C. The good progress of monsoon spurred hopes of RBI rate cut in upcoming August monetary policy.
D. Real estate and auto stocks have also outperformed on July 11.
E. Progress on clearance of GST bill.
F. After two years of drought, current year good progress of monsoon will lead to a dip in food inflation and the overall growth will be accelerated.