The Hindu Editorial (On edge) – Sep 24, 2018

Volatility is back in the Indian markets. Stock indices witnessed an extraordinary swing on Friday, with the Sensex moving 1,500 points between its . For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (On edge) – Sep 24, 2018.

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Courtesy: The Hindu

Today’s word list-2 for The Hindu Editorial (On edge) – Sep 24, 2018

on edge (phrase) – uneasy, unsettled, unstable.
volatility (noun) – fluctuation, inconsistency, unpredictability.
sell-off (noun) – selling of something (commodity/share) which causes fall in price.
alarm (noun) – warning, signal, alert.
indices – plural of index (noun) – measure; guide, indication.
extraordinary (adjective) – unusual, uncommon, surprising/strange.
swing (verb) – trend, drift; change/shift.
steep (adjective) – sharp, sudden, rapid.
precursor (noun) – sign, signal, indication.
adversely (adverb) – unfavourably, disadvantageously, badly.
default (noun) – non-payment, failure to pay, non-remittance
liabilities (noun) – financial obligation, debt, arrears/dues.
scrip (noun) – a provisional/temporary certificate or document which shows that an investor owns part of a share or stock as an alternate to the legal tender (cash).
panic selling (noun) – a wide-scale selling of an investment which causes a sharp decline in prices.
fuel (verb) – stimulate, intensify, encourage.
institutional buying (noun) – (in a share/financial market) the process of buying by the institutional investors who are generally having the largest buying power in the capital markets.
optimism (noun) – hopefulness, confidence, positiveness.
bull market (noun) – a share/financial market in which share prices are rising (or) are expected to rise over a period of time. A “bull market” is any time period where stocks are going up in value.
warrant (verb) – justify, call for, validate.
breadth (noun) – range, extent, scope.
large-cap (noun) – company with a large market capitalization, more than $10 billion. Mid cap is with market capitalization between $2 billion and $10 billion and Small cap is with less than $2 billion market capitalization.
replicate (verb) – copy, reproduce, duplicate.
depreciate (noun) – decrease, decline, drop/lose value.
fiscal deficit (noun) – In simple language, the difference between total revenue and total expenditure of the government is termed as fiscal deficit. it is the amount by which government expenses exceed income.
run-up to (noun) – a period/time before an important event.
catch up with (phrasal verb) – to draw level with.
systemic (adjective) – constructional, organizational, constitutional.