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. Markets may witness upward trajectory in Wednesday trades following sharp gains in the US markets after the country’s inflation moderated, thus raising hopes that the Fed may take a dovish stance in the wake of cooling inflation. Another global factor that could help keep local traders in good stead
June 14, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Back after a week’s hiatus as I’d been travelling. Local stocks showed early signs of optimism as the SGX Nifty experienced significant gains following a higher closing in the US markets on Friday. However, the overall sentiment has been shaken by the unexpected interest rate hike by the Bank
June 12, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. U.S. stock indexes closed up on Thursday as signs of slowing wage pressure on inflation raised hopes the Federal Reserve will pause raising interest rates in two weeks, and investors welcomed a vote in Congress to suspend the U.S. debt ceiling. Asian stocks surged on Friday as the progress
June 02, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Thursday’s trading session is expected to begin with a lackluster performance for domestic equities, primarily influenced by a correction in the overnight US markets and a subsequent decline in various Asian indices. The early market sentiment appears to be sluggish or negative, potentially due to concerns surrounding the US
June 01, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Markets may see a cautious opening with a slightly negative bias in Wednesday trades amid weak global cues, with sentiments a bit dented on fears that a debt-ceiling deal could be derailed. Vote on the deal to raise the USD 31.4 trillion debt ceiling could be announced later today.
May 31, 2023 – Market Overview Read More »