Market Morning Notes For 23rd June 2022
Markets remained under pressure on Wednesday after the Nifty failed to close above the key hurdle of 15683 and was followed by a decline of 1.5%. Though, the market is missing confidence in the up move, broader market like the Nifty 100 Equal weighted Index has already thrown up signs of a major bottom. Recently Nifty 100 Equal Weighted index has tested the lower end of the falling...
Market Morning Notes For 20th June 2022
Markets declined over 5% last week after U.S. Fed hiked key rates by 75 bps and hinted 50 bps rate hike in the month of July. The main draggers for markets were metals and technology sectors which have convincingly broken March 2022 lows while Bank Nifty was still able to sustain above March 2022 lows. With the prevalence of RSI positive divergence for both Nifty and Bank Nifty, markets...
Market Morning Notes 13th June 2022
The market ended lower for the week amidst turmoil in global equity markets as central banks resorted to liquidity tightening amidst sky-rocketing inflation and higher commodity prices. Nifty declined by 2.5% while broader markets outperformed as weekly closing in Nifty was well above crucial support of 16123. The current week would also be challenging for Nifty as a larger setup...
Market Morning Notes 8th June 2022
Markets remained lackluster throughout the trading session on Tuesday mainly on the back of the NSE technical glitch as a lot of F&O stock prices were not refreshing. The analysis of fund flows clearly points out a shift in focus from broader markets to Nifty 50 & Bank Nifty and they are expected to be the key drivers in the next leg of up move. In fact, both Nifty and Bank...
Market Morning Notes For 12th May 2022
Markets continued to feel the heat of broad-based selling while Nifty & Bank Nifty remained more or less resilient to weakness in the broader markets. In fact, Bank Nifty has managed to post gains for the second straight trading session despite the carnage in global equities while the technology and metal sectors have been taking a major beating in the past few days. For Nifty,...
Interest Rate Hike Impact On Common People & Economy
The Reserve Bank of India raised the repo rate by 40 basis points (bps) to 4.40 percent in an unscheduled meeting and surprised the market. The Monetary Policy Committee (MPC) unanimously decided to hike rates for the first time since August 2018, while keeping the stance accommodative. Let us understand why was this necessary to call for an unscheduled meeting? This was done to...
Why is DMF more beneficial compared to RMF?
Mutual funds have now become the first choice for investment. It is one of the safest and most convenient forms of investment, as you can invest in form of SIP (Systematic Investment Plan) many investors are in dilemma should we consider regular or direct mutual funds? In this article, we have listed all the reasons that will help you know why Direct Mutual Funds should be the option for...
How to Opt For the Best Robo Advisor?
Robo Advisor is the new talk of the town, especially popular among the youths. A plethora of information is available on the internet that talks about the pros and cons of using the services. Has all the information available on the net still left you unsettled? Since you have now decided to take a plunge into financial automation, don’t know where to start? This article will guide you on...
Investment In Defense Sector
The defense sector has been in action for the past few days as stocks like BDL, HAL, and BEL have rallied sharply. BDL in particular is up 120% YTD while HAL is up 43% YTD while BEL is up 23% YTD. Globally, the shares of defense and aerospace companies have rallied. Lockheed Martin is up sharply and at ATHs along with General Dynamics and the likes. The iShares U.S. Aerospace &...