New Age Investments: Art and Collectibles
In the current situation of uncertainty, the investment focus for Ultra High Net Worth Investor is shifting towards alternative investments such as arts & collectibles. This asset class has shown a low correlation with traditional asset class besides the emotional and social value. Hence it is an ideal hedging tool against inflation and the diversification strategy of an Ultra HNI...
Market Morning Notes For 9th June 2022
Markets ended in the negative terrain after RBI raised rated by 50 bps as per market expectations. It has dropped the phrase “remain accommodative” from the stance and changed to focus on withdrawal of accommodation, signaling that the MPC sees the policy rate close to the pre-pandemic level. Broad-based selling was seen in midcap and small cap segment stocks while the Nifty 50...
Market Morning Notes 8th June 2022
Markets remained lackluster throughout the trading session on Tuesday mainly on the back of the NSE technical glitch as a lot of F&O stock prices were not refreshing. The analysis of fund flows clearly points out a shift in focus from broader markets to Nifty 50 & Bank Nifty and they are expected to be the key drivers in the next leg of up move. In fact, both Nifty and Bank...
Market Morning Notes For 7th June 2022
Markets opened lower on Monday on the back of weak global cues but late recovery in the financial sector and metal sector helped the Nifty to recoup most of its losses and ended on a flat note. The lackluster movement in Nifty is a clear sign that big accumulation is going on in the Nifty 50 basket and the next up move could be quite sharp and could trigger a 2000-2500 points rally. The...
Market Morning Notes For 6th June 2022
Markets for the week ended on a positive note with the Nifty gaining by 1.5% while the broader market struggled. There has been a clear diversion taking place from the Nifty 500 Index to the Nifty 50 index and that is why the spread of the Nifty 50 and Nifty 500 Index ended with gains of +50pts on the Friday session. With the formation of a bullish flag pattern in the spread of...
Market Morning Notes For 3rd June 2022
Markets confirmed a major blowout on Thursday after the Nifty ended above the key hurdle of 16600 on a closing basis. This breakout may fuel a 2500-3000 pts rally in the near term, as the spread of the Nifty 50 & Nifty 500 Index is likely to activate a flag breakout. A similar upsurge in the spread of the Nifty 50 & Nifty 500 Index was witnessed at end of July 2021, which led to a...
Basics Of Income Tax
What Is Income Tax? We live in a country and use the public infrastructure like roads, transport, schools, and hospitals. We are protected through law and order and secured from foreign countries through defense (like the army). Most of our needs are taken care of through provisions of such services by the Government and administration. All these activities need money. And such...
Market Morning Notes For 2nd June 2022
Markets continued to remain under pressure mainly on the back of weakness in technology and commodities stocks with funds being redistributed to financials, auto, FMCG, and engineering sectors. The ratio of Bank Nifty to Nifty Service Sector Index has shown a clear turnaround from the downtrend indicating more diversion of flows towards the financial sector while the Nifty Commodities...