How To Select The Best Debt Mutual Funds?
While commuting to work, you catch a glimpse of the same billboard every morning. It says something along the same lines of ‘Get rid of all your financial worries by investing in best debt mutual funds.’ You might find it amusing. If it were that easy, wouldn’t everyone be rich? But what if we told you, it is not that hard or out of reach either? Because with every little eye roll or...
Market Morning Notes For 29th August 2022
Markets for the week ended lower with Nifty ending in the red by more than 1% while Bank Nifty closed with marginal gains. For Nifty, the decline should be treated as a retracement after a major run-up as indices gather strength for setting significant higher targets in the month of September. The monthly chart for August will still depict bullish picture as long it sustains above 17158....
Market Morning Notes For 24th August 2022
Markets made a sharp reversal on Tuesday as the gap down failed to force Nifty futures below VWAP support of 17250 and was followed by a convincing close above 17500 in the Nifty 50 Index. Major gains were seen from Bank Nifty which ended with a reversal pattern of ‘Bullish engulfing line’ on daily basis. We expect markets to remain volatile today on account of the derivative contract...
Product Offering For August 2022
Presenting the most reliable investment options for August 2022. Keeping the current global scenario and market reactions in mind, our financial experts at Fintoo have shortlisted some of the best investment options for you. Each investment option is selected only after performing an in-depth analysis and making logical assumptions about its performance in the future. The entire list...
Market Morning Notes For 23rd August 2022
Markets extended weakness on Monday on the back of carnage in global markets as investors turned cautious ahead of the Jackson hole meeting scheduled on 26th Aug where the U.S. Fed speech could re-focus on inflation trajectory and global central banks on policy stance. The Nifty 50 ended below 17500 mark mainly on the back of domestic selling. Watch out for 58780 in Sensex very closely as...
Market Morning Notes For 22nd August 2022
Markets last week took a breather with Nifty 50 closing below the earlier weekly breakout line placed at 17775, leading to ‘Doji star’ on the weekly candlestick chart. Nifty 50 has given a decent rise in the recent past as it is now nearing closer to 18,000 landmarks which is also a psychological resistance barrier that everyone would be focussed on. Oil fell at the start of the week as...
Market Morning Notes For 19th August 2022
Markets extended their up move on Wednesday as a breakout above 17775 activated a new leg of buying in the broader market with the Nifty inching closer towards the psychological barrier of 18000. Despite some oscillators like RSI hitting the 83 mark, there have been no signs of reversal and we expect Nifty to surpass 18300 in days to come. After yesterday’s up move, the retail volume has...
Market Morning Notes For 18th August 2022
Markets extended its up move on Wednesday as a breakout above 17775 activated a new leg of buying in the broader market with the Nifty inching closer towards the psychological barrier of 18000. Despite some oscillators like RSI hit the 83 mark, there have been no signs of reversal and we expect Nifty to surpass 18300 in days to come. After yesterday’s up move, the retail volume has surged...
Market Morning Notes For 17th August 2022
Markets cleared a critical hurdle on Tuesday with the Nifty 50 closing convincingly above the key resistance of 17775 and opening gates for further up move in key indices. This breakout has been accompanied by a sharp decline in brent crude prices below USD 93 which may fuel a major rally in the financial sector in days to come. After yesterday’s breakout, daily turnover jumped to Rs 73000...