Muhurat Trading: Best Stocks To Buy This Diwali
Diwali is around the corner and we all are excited to share the festive happiness by giving special and personalized gifts to all our near and dear ones. While gifting is an important part of this wonderful festival which adds to the excitement and enthusiasm, this Diwali, why not make the most of the auspicious mahurat trading and gift yourself the joy of long-term returns? Though the...
Market Morning Notes For 21st October 2022
Markets exhibited resilience on Thursday after critical indices opened lower but managed to post strong closing above 17550 levels despite weakness in broader markets. The Nifty BEES i.e. ETF based on the NIFTY 50 index is confirming a weekly breakout at current levels along with a weekly breakout in the spread of the Nifty 50- Nifty 500 index. This data is a key catalyst for pushing the...
Market Morning Notes For 20th October 2022
Markets cooled off from the day’s high but ended in the positive terrain after USDINR crossed its all-time high to post-closing above the 83 mark. As Sensex Bees i.e. Sensex ETF has managed to post-closing above the breakout line followed by a major reversal in the Nifty 50- Nifty 500 spread, any scope for a gap down opening would be short-lived with an immediate target seen towards the...
Market Morning Notes For 19th October 2022
Markets extended gains to test 17500 on Tuesday with the Nifty 50 outperforming the broader market by a wide margin on the back of major gains from SBI and Reliance Industries. The spread of the Nifty 50- Nifty 500 Index crossed the breakout levels of 2420 convincingly thus opening gates for a major upswing towards 19867 for Nifty 50 Index in the near term. The two-week high for Nifty 50 was...
New-Age Investment Options For New-Age Investors
The investment panorama has undergone drastic changes over the last decade, especially during the post-pandemic period. The fusion of technology and money management has brought about exciting investment options that many investors may sometimes find difficult to understand and are also unaware of. Here, we will look at hot and new-age investment options available to investors to...
Market Morning Notes For 18th October 2022
Markets inched higher on Monday on the back of strength emerging from Bank Nifty with Nifty 50 ending convincingly above the key resistance of 17235 while broader markets underperformed. The spread of the Nifty 50- Nifty 500 index moved higher to close at 2407 but fell short of 2420. The breakout in the Nifty 50- Nifty 500 spread has taken more than a year for consolidation and a move...
Market Morning Notes For 17th October
Markets for the week ended with loses of 0.7% after Friday’s recovery failed to extend beyond 17235 while Bank Nifty managed to post weekly closing in the positive terrain. Weekly candles for both Nifty and Bank Nifty were in the green, thus making the formation of a similar bullish side-by-side white line. The key feature of Friday’s upmove was the Nifty 50 index gaining by 1% while broader...
Market Morning Notes For 14th October 2022
Indian markets remained nervous on Thursday ahead of US CPI numbers with the Nifty 50 ending with losses of 0.6% but sustained above the 200 EMA. The initial reaction of US markets when they opened for trading was negative after US CPI numbers came higher than expected. US indices however reversed losses to end higher by more than 2% after the announcement of Fed Swaps price in the peak...
Do You Need To Pay Tax On Diwali Gifts?
Diwali is just around the corner and we are eagerly waiting to once again hear the sound of laughter in our home, filled with family and friends remembering the old times while making new memories. We are even excited to light up our balconies with lanterns and doorsteps with diyas to make this festival of lights even brighter. Diwali is that time of the year when we wake up early in...