Why Sensex Crashed 900 Points, its Biggest Fall in Over 5 Years

The BSE Sensex crashed 905 points in intraday trade on Tuesday, tracking a sharp selloff across global markets. The Sensex ended 855 points lower at 26,987, its biggest one-day point fall since July 6, 2009 . Domestic brokerage RKSV said Tuesday's crash was the eighth biggest single-day fall in Indian stock markets. (Read)

These are the five big reasons for Tuesday's crash, according to analysts:

1) Crude oil prices continued to fall with Brent hitting a low of $51.23 a barrel on Tuesday, its lowest level since May 2009. Cheap oil is good for India as the country imports nearly 80 per cent of its energy needs, but the over 50 per cent plunge in oil prices since June has also raised deflationary fears in many countries. (Read)

"This (low prices) is great news for motorists, but it presents a headache for policy makers," ANZ analysts said in a note.

G. Chokkalingam of Equinomics told Reuters that markets are reading the slide in crude oil prices as a symptom of potential recession in the world economy.

2) The talk of Greece crashing out of the euro zone has put the spotlight back on eurozone, which is a major trade partner for the US, Eastern Europe and Asia. "Worries on Grexit (Greece exit) casting spell on markets across. Local markets too would follow the suit though conditions are ripe to build up portfolio," tweeted Motilal Oswal.

In an article for Reuters, market expert Ambareesh Baliga wrote, "Troubled international economies and the consequent worldwide slowdown helped bring down commodity prices. But 2015 could open up worries on the export front for India as more economies start to wobble."

3) Foreign funds, which aggressively bought Indian stocks last year, are booking profits amid a "risk-off" strategy. In December, foreign institutional investors pumped in just Rs 2,100 crore in domestic equities, making it their lowest investment in 10 months. Funds are flowing back to stronger economies such as US, where bond yields are back below 2 per cent for the first time since October, analysts say. On Tuesday, FIIs sold shares worth Rs 1,571 crore in the cash market.

4) Independent analyst Sarvendra Srivastava told NDTV that a correction was long overdue as markets seldom move in one direction. The Nifty gained 31.4 per cent last year, its best gain since 2009. Mr Srivastava expects the Nifty to consolidate around 7,800 before making the next up-move.

Anil Manghnani of Modern Shares & Stock Brokers said, "Tuesday's fall does not signal the end of bull market, it's just a corrective phase within a bull market."

5) Finally, index heavyweights such Reliance Industries andInfosys witnessed strong selling, dragging the broader indices down. RIL (second most influential stock in Nifty) ended 4.5 per cent lower today because falling crude oil prices are likely to impact its margins. Infosys, which has the second largest weightage in Nifty, closed 2.1 per cent down ahead if its quarterly earnings on Friday. IT companies are expected to post flat revenue growth because of the strength in the US dollar.

Sources : NDTV

Why Women more nutritionally knowledgeable than men

Montreal: Women are, in general, more nutritionally knowledgeable and engage in healthier food shopping strategies than men, says a new research.

According to researchers from the University of Montreal in Canada, men's eating habits are associated with the availability of healthy food sources in their residential neighbourhood but women's are not.

"We found that for men only, intake of fruit and vegetables was positively associated with the proportion of healthy food outlets around home", said lead researcher Christelle M. Clary.

"Women rely on other aspects of the food environment than the proportion of food stores locally available," added professor Yan Kestens.

The study was based on data from the Canadian Community Health Survey (CCHS) and looked at the eating habits of 49,403 Canadians living in Toronto, Montreal, Vancouver, Calgary and Ottawa.

The food outlets of each city were mapped using a database containing information on the type and location of all food businesses.

For the purpose of this study, supermarkets, grocery stores, fruit and vegetable stores and natural food stores were considered as potential sources of "healthy foods" (especially fruits and vegetables), while convenience stores and fast-food restaurants were considered less healthy food sources.

"Overall, the data show that women from our sample declare eating on an average 4.4 portions of fruit and vegetables per day, almost one more daily portion than men," Clary said.

The research team believes that more research is needed to gain a better understanding of the mechanisms linking food environment and diet.

Source:

http://zeenews.india.com/news/health/health-news/women-more-nutritionally-knowledgeable-than-men_1525933.html

CoachingTuitions: @Basic Level C++C Test

CoachingTuitions: @Basic Level C++C Test: Please attempt Basic level test and send answer to abhilashatech @gmail.com  I will be uploading medium and advance level test soon. I...

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MOVIESMASALA: The cinema of India consists of films produced across India, which includes the cinematic cultures of Andhra Pradesh, Assam, Bihar, Gujarat, Haryana, Jammu and Kashmir, Karnataka, Kerala, Maharashtra, Manipur, Odisha, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal.[1] Indian films came to be followed throughout Southern Asia, the Greater Middle East, Southeast Asia, and the former Soviet Union. The cinema as a medium gained popularity in the country as many as 1,000 films in various languages of India were produced annually.

SPORTS: Field hockey is considered the national sport in India, and the country has won eight Olympic gold medals in field hockey, though cricket is the most popular sport. Recent RTI revealed that India has no National game though people used to say it was hockey.[1] After the 1982 Asian Games hosted in New Delhi, the capital city (New Delhi) now has modern sports facilities, and similar facilities are also being developed in other parts of the country. India has hosted and co-hosted several international sporting events. Such events include the 1951 and 1982 Asian Games, the 1987, 1996 and 2011 Cricket World Cup, the 2003 Afro-Asian Games, the 2010 Hockey World Cup and the 2010 Commonwealth Games. Major international sporting events annually held in India include the Chennai Open, Mumbai Marathon, Delhi Half Marathon, and the Indian Masters. In 2011 India also hosted its first Indian Grand Prix at the Buddh International Circuit, an Indian motor racing circuit in Greater Noida, Uttar Pradesh, India.

CRICKET: The entire history of cricket in India and the sub-continent as a whole is based on the existence and development of the British Raj via the East India Company.On 31 December 1600, Queen Elizabeth I granted a Royal Charter to the East India Company, often colloquially referred to as "John Company". It was initially a joint-stock company that sought trading privileges in India and the East Indies, but the Royal Charter effectively gave it a 21 year monopoly on all trade in the region. In time, the East India Company transformed from a commercial trading venture to one which virtually ruled India as it acquired auxiliary governmental and military functions, until its dissolution in 1858 following the Indian Mutiny. The East India Company was the means by which cricket was introduced into India.In 1639, the Company effectively founded the city of Madras, and in 1661 acquired Portuguese territory on the west coast of India that included Bombay. In 1690, an Anglo-Moghul treaty allowed English merchants to establish a trading settlement on the Hooghly River, which became Calcutta. All of these places became major cricket centres as the popularity of the game grew among the native population.