This section will be updated daily, providing a brief overview of the markets, along with important data points. Certain trades shall be mentioned, but they should not be considered as trading tips, we are not SEBI registered. Posts are for educational purposes only, kindly consult your financial advisor before investing. Cheers!
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 »
Hello reader, hope you’re doing well. Yesterday, our markets faced renewed pressure after experiencing a relief run in the previous session. The Nifty ended the day near 17,300, with selling observed in several sectors including IT, Auto, FMCG, and Finserv. Despite mixed global cues, the market began the day with a lackluster performance and continued
March 03, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Missed out on the blog post yesterday as it was a day off for us. Picking up from where we left off, both Nifty and Banknifty after getting into the oversold zone, we’ve seen a cool-off, with a small bounce yesterday from those levels. 17300 has been held on
March 02, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Today’s opening on Nifty is expected to be a flat one, with not much of a gap. At the same time, we’re also seeing that even with the correction, a gradual decline in VIX indicates that there isn’t too much fear and selling in the markets. One key thing
Feb 28, 2023 – Market Overview Read More »
Hello reader, hope you had a good weekend. Keeping the post very short today due to a busy schedule. The index does look oversold in the short term on technical and derivative fronts, but with nifty breaking the key support of 17500, one should not rule out further downside. Reliance, NTPC, DLF, are ones to
Feb 27, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. On a tumultuous Thursday, Wall Street closed with gains, and the S&P 500 broke a four-day decline. Investors were trying to navigate how the US economy would be impacted by changes in interest rate policy. Most of the markets in the Asia-Pacific region saw gains on Friday, with Kazuo
Feb 24, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Yesterday’s trading session was pretty much a straightforward one with the structure of sell on rise being followed, price action confirming the same. At the same time, one needs to note that all major world indices are near their 200 EMA levels, which acts as a major support zone,
Feb 23, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. The state of the US economy is having a significant impact on equity markets globally, including India. Recent economic data in the US indicates a slow process of disinflation, which has caused negative reactions from US markets. As a result, the 10-year bond yield has risen sharply, and with
Feb 22, 2023 – Market Overview Read More »