Weekly Market Report For 26th To 30th September
Markets end in the red in a volatile week; Fed rate action dictates the trend Indian stock market position Equity markets fell during the week as volatility remained high on weak global market cues and the Fed chairman commented that the central bank will continue to raise rates to end high inflation, even if it pushes the country into a recession. The MPC delivered...
Weekly Market Report For 12th to 16th Sept
Equity markets fell during the week as higher than expected inflation in the U.S increased the chances of aggressive rate hikes from the U.S Federal Reserve at its upcoming policy meet. Core CPI for August was 6.3% YoY vs an expectation of 6.1% YoY and a prior reading of 5.9% YoY. This sent expectations of a 100-bps rate increase at the upcoming policy meet. The Nifty ended lower by...
Weekly Market Report For 5th to 9th Sept
Markets extend flat in a volatile week; FII flows and global cues dictate trend Equity markets gained during the week on the back of supportive global market cues with investors largely pricing in more interest rate hikes aimed at taming runaway inflation. European markets were trading higher, as investors digest the European Central Bank’s jumbo rate hike ahead of a key EU meeting to...
Indian Economy Beats U.K. To Become The 5th Largest In The World
India has now managed to dethrone the U.K. and claim the position of the 5th largest economy in the world. For decades we have been reciting the line ‘India is a developing country’ with an abstract idea that there would be a shift in this status someday. The recent improvements prove that India is successfully working towards changing this narrative. The nation’s rapid attempt to...
Weekly Market Report For 29th Aug To 2nd Sept
Markets extend flat in a volatile week; FII flows and global cues dictate the trend. Market Wrap Markets ended flatly in the highly volatile week as global growth concerns weighed on investor sentiment. Besides, weaker-than-expected domestic Q1FY23 GDP data and a marginal downtick in Manufacturing PMI for August worried investors. India’s gross domestic product (GDP) rose 13.5%...
Weekly Market Report For 22nd to 26th August
Weekly Market Wrap Markets extend gains, FIIs flows and earnings are in focus this week Investors focused on the Federal Reserve’s Jackson Hole conference for clues about the central bank’s policy outlook in the week gone by. The Federal Reserve raised rates by three-quarters-of-a-percentage point in June and July. Its next policy meeting is in September, and it is...
Weekly Market Report 16th to 19th August
Markets extend gains, FIIs flows and earnings are in focus this week Weekly Market Review Markets this week just stopped shy of their previous swing highs. Nifty touched a high of 17992 and tried to close above its previous swing high of 18000 (April 22) while Bank Nifty just crossed its April ’22 swing high of 38750 but found stiff resistance at a higher level and closed at 38986....
Weekly Market Report For 8th to 12th August
Key indices logged in gains for the fourth consecutive week as positive global cues and upbeat results from India Inc aided sentiments. Global sentiments were upbeat as traders reacted to the US Labour Department report showing an unexpected decrease in producer prices in the month of July, raising hopes that inflation in the US may have peaked. This raised expectations that the Fed will...
Weekly Market Report For 1st to 5th August 2022
Markets extend gains, and FIIs flows and earnings are in focus this week. Markets gained for the third consecutive week as sentiments remained upbeat on the back of better-than-expected earnings and the expectation of a peak out in inflation due to easing commodity prices. Globally, rising tensions between the U.S. and China after House Speaker Nancy Pelosi’s visit to Taiwan...