Let’s commence with the backdrop: The PSU Bank index exhibited a rather modest performance from 2009 to 2019. Indeed, it maintained a downward trajectory within a descending channel on he monthly chart for a considerable 10-11 year span from 2009 to 2020. During this period, investors consistentlyopted to exit PSU Bank stocks during any upward…
READ MOREEquity markets snapped a four-day winning streak on account of profit booking and easing of service PMI, dampening the sentiments. Investors are awaiting Fed Powell’s Chair to get some input on interest rates. “Overall, markets are likely to consolidate in the near term with sectorial rotation amid key events lined up. Capital Goods, Auto, PSU…
READ MOREPlanning the study room the right way is crucial to boost concentration and ensure productivity. The study table is an important piece of furniture in the room. Vastu Shastra is a useful tool for parents when designing children’s study rooms and placing the study table. Vastu Shastra guidelines create a harmonious space to bring happiness,…
READ MOREAs an equity’s portfolio manager with over 20 years of expertise in the equity markets, I’ve seen various economic and financial cycles. However, the year 2023 has been especially impressive for financial markets, which have demonstrated resilience and growth in the face of global uncertainty and problems. While it intrigued many investors’ curiosity, going back…
READ MORESynopsis After a sharp rebound, while nifty is trading in green territory, if one looks at the overall market breadth. There are more declines than advances and that is largely due to market breadth in the mid-cap segment. This is indicative of profit booking happening at the broader market level. At this point of time,…
READ MOREDomestic equities surged to a new high in an extended trading week after robust growth numbers and positive global cues. Moving forward, investors will continue to take cues from the global indices in the absence of any major events. Analysts expect the current market momentum to continue, while the market will closely track fresh set…
READ MOREThe markets traded in the previous week on analyzed lines. It was largely expected that the markets may not see any runaway upmove but may keep the overall trend intact. In line with these expectations, the Nifty traded in a defined range ending the week on a modestly positive note. The trading range also stayed…
READ MOREAfter being net sellers to the tune of Rs 25,744 crore in January, foreign institutional investors (FIIs) poured in Rs 1,539 crore last month despite the US bond yields ruling high with the 10-year yield at around 4.25%. “FIIs may again turn sellers in some of the coming days. But they are unlikely to sell…
READ MOREDomestic equities surged to a new high after India’s Q3 GDP saw an impressive growth rate driven by robust manufacturing, highlighting the inherent strength of the economy. It is an unusual trading day on Saturday for investors with a special live session being conducted to assess the disaster recovery system. Analysts expect the ongoing momentum…
READ MOREFederation of Indian Micro and Small and Medium Enterprises (FISME) hosted the “National Workshop on Growth of Retail & E-commerce in India” to identify the policy obstacles in the way of small businesses and retailers in joining digital retail and e-commerce. The consultation was attended by 40+ delegates representing MSMEs, think tanks, payment service providers,…
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