Has RBI Repo Rate Hike Made Us Prioritize Wants Over Needs?
While glancing through the newspaper on a regular Tuesday morning, we stumbled upon a survey highlighting the data on peoples’ purchasing desires. Even though this segment was aimed at making brands aware of the consumers’ festive season wish list, what drew our attention was that 44% of people expressed their desire to buy clothes and jewellery. Nothing absurd about it, right? ...
Market Morning Notes For 7th October 2022
Markets opened with a gap-up yesterday but failed to sustain the positive momentum and closed with little gains as volatility emerged ahead of the weekly expiry day. Overall market breadth remained bullish, where 1,620 stocks advanced against 681 declined stocks. The 8-Bar reversal has activated a major reversal from the downtrend and the appearance of a breakout in the spread of the Nifty...
Market Morning Notes For 6th October 2022
Markets opened with a gap-up on Tuesday and rallied higher to close more than 2% with Bank Nifty outperforming by a wide margin and closing above the 39.000 mark. The 8-Bar reversal has activated a major reversal from the downtrend and the appearance of a breakout in the spread of the Nifty 50- Nifty500 Index, the gains in large-cap stocks are expected to accelerate further. The bullish...
How To Select The Best Debt Mutual Funds?
While commuting to work, you catch a glimpse of the same billboard every morning. It says something along the same lines of ‘Get rid of all your financial worries by investing in best debt mutual funds.’ You might find it amusing. If it were that easy, wouldn’t everyone be rich? But what if we told you, it is not that hard or out of reach either? Because with every little eye roll or...
Market Morning Notes For 4th October 2022
Markets remained under pressure on Monday with key indices ending lower by 1% on the back of concerns about the risk associated with Credit Suisse default and its impact on other financial institutions. Financials turned major drag on Monday with Bank Nifty ending lower by 2% while USDINR rebounded sharply towards 82 mark. For the Indian market, the appearance of a Bullish engulfing line...
Weekly Market Report For 26th To 30th September
Markets end in the red in a volatile week; Fed rate action dictates the trend Indian stock market position Equity markets fell during the week as volatility remained high on weak global market cues and the Fed chairman commented that the central bank will continue to raise rates to end high inflation, even if it pushes the country into a recession. The MPC delivered...
Everything You Need To Know About Equity Mutual Funds
The rat race of life has made us believe that we are constantly competing with our neighbors. Your neighbor bought an expensive car? You wonder why you can’t have one? Your neighbor moved to a posh locality? You start to wonder why you can’t do the same? These thoughts stem from the hustle culture that promotes work over life in our attempts to improve our standard of...