Synopsis In October, the big dip in the Indian market was triggered by a single factor – China. The country, to revive its economy, was set to come out with a stimulus package. And as valuations in China were cheaper than in India, FII money was being redirected there. The sharp rise in the Chinese…
READ MOREIndian benchmark equity indices opened marginally higher for the third consecutive session on Tuesday, following gains from Asian markets. The rise was driven by metal and financial stocks, with comments from key US Federal Reserve officials raising expectations of a 25 basis-point rate cut later in the month. By 1:52 pm, the BSE Sensex was…
READ MOREShares of metal stocks like NMDC, NALCO and Tata Steel fell up to 8% on Tuesday after top consumer China held back from unleashing more stimulus. At a briefing, China’s state planner National Development and Reform Commission said they were confident of reaching its economic targets this year and promised further support for growth but…
READ MORESynopsis To some our headline may appear confusing. When investing is all about the long-term, why even think of a tactical approach? But given that valuations are high or even in bubble territory, it’s best to be tactical when pumping fresh money into the market. When we say tactical, what we mean is: Consider sectors…
READ MOREMetal stocks were among the top gainers in Monday’s trading session on perceived moderate valuations, and after New Delhi initiated an anti-dumping probe on Vietnamese hot-rolled coil (HRC) imports. The Nifty Metal Index gained 1.87% while the benchmark Nifty advanced 0.13% on Monday. National Aluminium surged 4.35% on Monday followed by Hindalco which gained 4%….
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