Hello reader, hope you’re doing well. Markets are likely to see a weak opening in Monday trades owing to pessimism across the Asian indices. While intra-day volatility will persist, both CPI and WPI numbers for July to be announced after the market hours will be keenly watched, especially at a time when interest rate levels […]
August 14, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Volatility is likely to be the hallmark of the day, as investors look forward to the RBI’s credit policy outcome on interest rates and its forward looking comments on economy and inflation. The outlook will give some sense to investors on where the inflation and economy could be heading
August 10, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Today’s trading session is expected to commence with a sluggish beginning as the Asian markets witnessed a decline following the overnight decrease in US indices. The uncertainty triggered by the recent rate hike by the US Fed, along with indications of more rate hikes in the future, has created
August 02, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Markets may begin with moderate increases in early Tuesday sessions, aided by overnight advances in US markets and a strong trend in other Asian indices. The two main positive catalysts fueling optimism are Chinese stimulus signals and a larger possibility of a US economic soft landing. Auto stocks will
August 01, 2023 – Market Overview Read More »
Hello reader, hope you’ve had a good weekend. Markets may start on a flat note in Monday trades amid sluggishness in the Gift Nifty index, but an uptick in other Asian indices could revive the sentiment in later trades. The market is already in an overbought zone and hence the preferred theme could be consolidation
July 31, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Markets may see a sluggish start to Tuesday’s trading session on the back of a steady decline in Gift Nifty index and other select Asian gauges. While the markets may witness intra-day volatility, strong corporate earnings so far coupled with healthy domestic macroeconomy and rising expectations that the Fed will
July 18, 2023 – Market Overview Read More »
Hello reader, hope you’ve had a good weekend. Traders should prepare for a turbulent and unpredictable trading session due to the instability in the Gift Nifty index and the continued losses experienced by Wall Street on Friday. Concerns among investors have risen regarding the possibility of the Federal Reserve initiating another round of interest rate
july 10, 2023 – market Overview Read More »
Hello reader, hope you’re doing well. Negative sentiment across the global equities could see local benchmarks struggle in early Thursday trades, with profit-taking likely to continue after yesterday’s FOMC minutes meeting hinted that another rate hike in July is on the table. Other factors that could weigh on sentiment are escalating US-China tensions, drop in
July 06, 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 »