7 Key Differences Between UPI and e-RUPI
In the constant progress towards expanding the ‘Digital India’ movement, the government of India is also focusing extensively on digitizing the economic aspects. From introducing digital banking facilities to popularizing the UPI payment system, the steps taken by the Indian government to revolutionize the Indian economy have received an overwhelming response from people across the...
Market Morning Notes For 30th December 2022
Markets rallied on low volumes to regain its control above the key support of 18130 as we approach the monthly closing. The gains were mainly on the back of a rally in Nifty Bank but the broader market lacked strength at higher levels. One key reason for the recovery in the market was on the back of minor weakness in JPY where USDJPY rebounded from 131 to 134 however after yesterday’s...
Market Morning Notes For 29th December 2022
Markets ended on a flat note after the initial attempt to cross 18200 which turned out to be 38.2% of the recent down move and closed below the crucial support of 18130. Closing below 18130 for the Month of December should be seen as a sign of a major trend reversal with the formation of a ‘Bearish Engulfing line’ on the monthly chart. The leading cause of worry for Indian markets is the...
A Beginners Guide To Fractional Real Estate Investing
With each passing day, as we are getting closer to hitting a possible global recession, many investors remain clueless about the appropriate approach they must take with regards to their investment strategies. As the problem of inflation has been causing a ruckus for every common man’s budgeting plan of action, the concept of new investments seems beyond reach. Even though a large...
Market Morning Notes For 28 December 2022
Markets extended gains on Tuesday on the back of a surge in metal counters with the Nifty Metal Index rallying by more than 4% to help the Nifty 50 close above 18130. The level of 18130 is seen as an essential trigger on a monthly basis as a monthly close below the same should confirm the ‘Bearish Engulfing pattern’. Meanwhile, volume remains on the lower side, which means this current...
Market Morning Notes For 27th December 2022
Markets rebounded on Monday on the back of gains from Nifty Bank with Nifty regaining its control above psychological levels of 18000 but remaining vulnerable to a major slide. The volumes were relatively lower in yesterday’s up move and the setup in Dollex 30 i.e. Sensex in USD terms has thrown up an impulsive structure during the current down move which would mean that it would be...
Market Morning Notes For 22nd December 2022
Markets came under intense selling pressure on Wednesday on the back of a surge in the Japanese yen with the Nifty 50 breaching Tuesday’s low and closed near 50 EMA. The sudden surge in India’s VIX to 15.5% can be seen as a major threat to markets with option writers running to hedge their positions after action from the Bank of Japan. Indian markets were the sole beneficiary of...
Market Morning Notes For 21st December 2022
Markets reacted sharply to a change in policy stance from the Bank of Japan where the Japanese Yen surged by 4% against a basket of currencies triggering a sell-off in global markets in the initial hours. Indian markets felt the brunt of the rise in JPYINR but Nifty 50 managed to recover in late hours to close around 18400. The Next Notes Nifty 2X Leverage Index which actively trades in...
Market Morning Notes For 20th December 2022
Markets rebounded sharply from the support of 17250 on Monday with the Nifty 50 regaining closing above 18400 while the banking sector underperformed. Despite a sharp pullback, the India VIX closing was well above the 13% mark, which may be a significant hindrance to the sustenance of the rally. Markets are likely to witness a breather only after India’s VIX declines towards 9% else any...