Hello reader, hope you’re doing well. The momentum in the market has picked up again and the undercurrent has the potential to take the benchmark indices to new highs. The global support to the bullishness is coming from the mother market US where the market is resilient supported by better-than-expected Q1 GDP growth of 2 […]
June 30, 2023 – market Overview Read More »
Hello reader, hope you’re doing well. Taking positive cues from SGX Nifty, local markets may log gains in early trades Tuesday amid mixed Asian markets trend. In the past few sessions, any intraday strength is driven by only a few companies across a narrow set of sectors. If Nifty bulls are unable to seize control
June 27, 2023 – Market overview Read More »
Hello reader, hope you’ve had a good weekend. Dark cloud cover is seen hovering over the Dalal Street and key local benchmark indices could retreat in early trades Monday due to weak global market cues. Intra-day the market may witness a choppy ride as the recent interest rate hike by the BoE and the US
June 26, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Following the Sensex reaching unprecedented heights, the pace of the market has decelerated. The overall sentiment in the global markets is no longer strongly bullish. A significant concern that persists is the escalation of interest rates. After the European Central Bank and the Swiss National Bank raised rates by
June 23, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. As the Sensex reaches new heights, optimism continues to permeate the market mood, instilling a sense of hope and confidence. With the market consistently recovering from downturns, this resilient market framework has the potential to sustain the enthusiasm of bullish investors. In the realm of emerging markets, India stands
June 22, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. In sync with the commemoration of International Yoga Day, the financial market is gradually expanding in both directions, exhibiting a balanced state without any significant fluctuations in either direction. Nevertheless, the overall trend in the market is upward. It is crucial to comprehend that this upward momentum is not
June 21, 2023 – market Overview Read More »
Hello reader, hope you’re doing well. Early Tuesday trades are expected to see a decline in the markets due to weak global signals, despite the anticipated reduction of key lending rates by the People’s Bank of China. Several factors, including concerns over Chinese economic growth, selling by foreign institutional investors and domestic institutional investors in
June 20, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Markets may start on a cautious note with SGX Nifty displaying a mixed trend with most of the Asian indices faltering in early trades. However, if Friday’s strong positive session is any indication then Nifty will continue to be in charge and all bullish eyes will be on the
June 19, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. The positive momentum in global markets and expectations of a more dovish approach from the Federal Reserve are likely to lead to a strong opening for markets. Additionally, the recent trend of Foreign Institutional Investors (FIIs) becoming net buyers with a substantial investment of Rs 3086 crore in the
June 16, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Expectations for a challenging start to Thursday trading on domestic stock exchanges are high due to the weakened SGX Nifty following a mixed overnight closure of US markets. Although the Federal Reserve chose to maintain the current interest rates, the possibility of a 50 basis point increase in key
June 15, 2023 – Market Overview Read More »