Is It The Right Time To Switch From Equity To Debt?
Turmoils faced by major economies US Inflation in the US is at a 40-year all-time high, and the pace of GDP growth is anticipated to weaken from its current high levels to 2.5% in 2022 and 1.2% in 2023. Supply disruptions may take some time to ease completely, especially given the impacts of the war in Ukraine and COVID-related lockdowns in China. Wage growth will stay strong, as...
Market Morning Notes for 18th November 2022
Markets witnessed broad-based selling pressure on Thursday with Nifty futures ending below key support of 18370 in the last hour of trade on the back of weakness in global markets. The rising USDINR may trigger further selling for Nifty in the coming days and only relief may come if the Nifty spot is able to cross above 18513. Today being a weekly close, any close below 18250 should be seen...
Market Morning Notes For 17th November 2022
Markets ended unchanged on Wednesday while the Midcap and Small cap segment continue to witness selling pressure with breadth turning negative. The gains in Bank Nifty helped Nifty to end in marginally favorable terrain while India’s VIX surge managed to cross the 15% mark. For the entire market, the system’s risk remains elevated as long as Nifty 50 trades below 18513 levels with...
Market Morning Notes For 16th November
Markets rallied in the last hour of trade to post-closing above 18400 on the expectation that some compromise may emerge from the Ukraine-Russia war as global leaders attend the G20 meet. Nifty 50 has been stuck in trading of 18025-18513 for the past few weeks but unless 18513 is not taken out, the risk of a sudden jerk towards 14700 cannot be ruled out. The Dow Jones index is also...
Why Do You Need To Invest Early For Your Children?
As a parent, you completely dedicate your life to your children right from the moment you cradle them for the first time. You do your best to make sure that they live a better life than the one that was offered to you. Their well-being becomes your sole priority, and you start planning everything to give them a secure life—the best school, a friendly neighborhood to grow up in, and the best...
Market Morning Notes For 15th November
The market activity turned laggard on Monday with the Nifty 50 failing to cross the key hurdle of 18513 after USDINR bounced back sharply to close above 81 levels. With the formation of ‘Hanging Man’ on the previous week’s setup, we expect the current weak movement to turn decisive with either movement above 18513 or breakdown below 18025. The key trigger to watch for globally would be...
Market Morning Notes For 14th November
Markets posted gains of around +1% for the week on the back of a surge in global markets mainly due to China re-opening news with the Nifty 50 inching a step closer to negating the critical hurdle of 18513. On a weekly basis, Nifty 50 has formed ‘Hanging Man’ pattern which often is seen as a major trend reversal, and the only way strength can emerge is when prices trade above the ‘Hanging...
Market Morning Notes 11th November 2022
Markets ended lower on the back of broad-based selling but Nifty 50 managed to hold closing above crucial support placed at 18025 ahead of key U.S. CPI numbers. The U.S. CPI numbers which came in yesterday evening were well below estimates thus revoking fears of further rate hikes. The global markets have taken this development positively with the U.S indices closing higher by 4%. Indian...
Market Morning Notes For 10th November 2022
Markets failed to carry momentum beyond 18300 on Wednesday despite higher opening and were followed by closing in the negative terrain with breadth turning unfavorable. After the recent upmove, the Nifty 50 Index remains under major risk with a potential downside of 14700, if it is unable to clear the critical hurdle of 18513. The daily RSI has been showing negative divergence and a...