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Wednesday April 23rd 2014

How was sensex , Rupee , Gold and Oil in 2008

First we will start with most affected sector which is Sensex
Sensex
Yesterday when the Bombay Stock Exchange sensitive index (Sensex) closed the year 2008 , The sensex almost closed by 69 points for yesterday and on a overall they have lost 10640 points or approximately 52 per cent.
>The BSE Sensex saw a sustained bull run in the past five years gaining 47.10% in 2007, 46.7% in 2006, 42.3% in 2005, 13.1% in 2004, 73% in 2003 and 3.52% in 2002.
>The BSE Mid-cap index lost 6554.44 points or 66.95% and the BSE Small-Cap index lost 9665.26 points or 72.40% to 3,683.11, in 2008.
Rupee
They next big loss was like rupee on the last day of 2008 it closed at 48.70 against 48.48 on December 30th 2008. The rupee moved in a range of 48.30 and 48.80 during intra-day. So totally In 2007, the rupee had gained more than 12 per cent to 39.41.
OIL
Oil slid below $39 a barrel on Wednesday, 31 December 2008, closing out its worst year ever after falling 60 percent, It saw its record high in the year 2008 by reaching almost 150 dollar a barrel.
GOLD
Gold prices had end the year 2008 on a very good side . The commodity hit an all time high of 1033 per ounce on COMEX in the very first quarter of the year and witnessed a volatile trade thereafter.