Hello reader, hope you’re doing well. Today’s expectation is a continuation of the short covering we’ve seen yesterday, and what a brilliant expiry session it was. A neat 300 points rally played out on Nifty from the lows and definitely would’ve trapped CE writers at lower levels. The Credit Suisse crisis is becoming less of […]
March 17, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. While other Asian markets are experiencing losses, Indian equity markets post opening with a gap-up, are facing significant selling. However, the markets may continue to be unstable throughout the day due to the global financial sector’s instability caused by the recent issues at Credit Suisse, as well as fallout
March 16, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. The February US inflation figure of 6% year-on-year suggests a reduction in inflation, but it’s not at a pace that satisfies the Fed. As a result, there may be a 25 bp rate hike in the March 22 Fed meeting, which will prevent the equity markets from rallying. The
March 15, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Yesterday was a pretty much straightforward trading day with the index movement playing out perfectly as per structure on charts and neat price action. As mentioned earlier, 17500 which would act as a resistance did so, and we saw a clean turnaround from this point and closed at the
March 14, 2023 – Market Overview Read More »
Hello reader, hope you’ve had a good weekend. During Sunday’s evening trading, U.S. stock futures rose by almost 1%, following a week where the major indices experienced significant drops. This was due to the assurance made by Federal Reserve policymakers that depositors with SVB Financial will be able to access their funds. This week for
March 13, 2023 – Market Overview Read More »
Peter Lynch is one of the most successful investors of all time, having achieved a 29% annualized return during his tenure as manager of Fidelity’s Magellan Fund from 1977 to 1990. He achieved this impressive track record by following a straightforward investment strategy: invest in companies that have solid fundamentals, are undervalued by the market,
The Winning Investment Strategy of Peter Lynch: Lessons from His Best Investments Read More »
Hello reader, hope you’re doing well. As expected, we had a straightforward expiry session yesterday with markets finding resistance near 20-EMA levels, and correcting from there. Early trades today are expected to be a decline in the markets, with the possibility of further drops due to weak global indicators. The markets are currently pricing in
March 10, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. With today being the second expiry session of the March series, a slight bit of extra volatility is to be expected for the day. On Wednesday, the S&P 500 closed a session with a slight increase and Treasury yields also went up. This followed the release of several economic
March 09, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Holi wishes to you and your family, from Thetaflo! Markets are expected to retreat sharply in early trades Wednesday on the back of weak global cues after US Federal Reserve Chairman Jerome Powell made a hawkish statement and indicated that interest rates are likely to be higher than previously
March 08, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Markets are opening with a gap-up post a 9 day correction followed by a consolidation. Although concerns regarding the worldwide macroeconomy and political tensions persist, certain sectors have become appealing on the valuation front as a result of recent corrections. Nonetheless, investors should be cautious of fluctuations during the
March 06, 2023 – Market Overview Read More »