Weekly Market Research by Fintoo – 17th July 2021
Stock Markets scaled new highs and registered first weekly gains in three with the Nifty closing a tad below the 16,000 mark as a good start to Q1FY22 results season, declining new Covid-19 cases supported sentiments. Dovish remark of Federal Reserve Chairman Powell in his testimony despite surge in inflation comforted global equities including India. Meanwhile, the Reserve Bank of India...
Weekly Market Research by Fintoo – 10th July 2021
#uid-b5d01dac33445925 .heading h2 { line-height: 1.6em; font-weight: 400; } Nifty turns weak, global cues dents sentiments. Zomato IPO key event to watch out in coming week Markets continued to remain under pressure led by pessimistic global market cues with volatile movement seen across sectors. The Nifty ended tad below the 15.700 mark, down 0.2 pct for the week. Volatility...
Daily Market Analysis – 19th May 2021 (Inflation)
Inflation and its impact on an overall economy Retail Inflation in April is 4.3% which is well within the range of RBI. Inflation is measured by the CPI and the wholesale price index (WPI). The CPI measures changes in prices of essential commodities at the consumer level, while the WPI notes changes at the producer level.The commodities considered for measuring the WPI are manufactured...
Daily Market Analysis – 3rd May 2021
Positive Start of Financial Market for FY-22 The FY 2021-22 came up with a ray of hope and positivity as the Financial Markets regained Momentum and the Indian Economy witnessed Traction in the Manufacturing & Other Economic Activity, despite the rising cases of COVID amidst the splurge of Second-wave in the Country.The IMF (International Monetary Fund) projected the GDP Growth of...
Daily Market Analysis – 28th Apr 2021 (Cryptocurrency)
Cryptocurrency V/S Traditional Assets (Stocks, Mutual Funds and other Debt products) What is Cryptocurrency? How does it work? And why are they so popular? A cryptocurrency is a form of payment that can be exchanged online for goods and services. Cryptocurrencies work using a technology called a blockchain. Blockchain is a decentralized technology spread across many computers that...
Daily Market Analysis – 27th Apr 2021
Cement Sector and opportunities in India Sector overview India is the 2nd largest cement producer in the world after China.The production of cement was 502 Million tonnes in 2018 and expected to grow 550 tonnes by 2020. The demand of the cement industry is expected to reach 550-600 MT per annum (MTPA) by 2025 because of the expanding demand of different sectors, i.e., housing,...
Daily Market Analysis – 23rd Apr 2021
S&P 500 Index down 1% on 22nd April. The Dow Jones Industrial Average and NASDAQ Composite both moved backwards – Joe Biden is seeking to raise taxes on millionaire investors to fund education and another spending on welfare to recover the U.S. economy. Biden is proposing to increase the capital gains tax to 39.6% for those Americans earning more than $1 million. The...
Daily Market Analysis – 21st Apr 2021
Foreign Trade Policy: The government on Wednesday extended the existing foreign trade policy (FTP) for six more months amid the coronavirus outbreak. The current policy will now be valid up to September 30, 2021. The foreign trade policy is essentially a set of guidelines for the import and export of goods and services. Covid-19 was catastrophic for international trade. Exports...
