Weekend Reflections – Week ending 10th August 2024
Week ending 10th August 2024 Markets The Bank of Japan (BoJ) increased interest rates for the first time since 2007, leading to significant disruptions in both Japanese and global markets. This rate hike impacted carry trade strategies, where investors borrow in low-interest currencies like the yen to invest in higher-yielding assets. The strengthening of the […]
Weekend Reflections – Week ending 3rd August 2024
Week ending 3rd August 2024 # 1 Markets After a volatile period, the market appeared stabilizing with reduced volatility till Thursday. The India VIX dropped 2.3% on Thursday and nearly 7% in July. The benchmark index outperformed peers like S&P, Hang Seng, FTSE, and Nikkei, driven by both domestic and foreign investors. This was, however, […]
Weekend Reflections – Week ending 27th July 2024
Week ending 27th July 2024 # Markets Indian markets resumed their upward trajectory on Friday, rebounding from the heightened volatility triggered by the Union Budget 2024’s capital gains tax hike and an STT increase on derivatives. Despite less favourable global cues and foreign portfolio investors pulling out of Indian equities following the budget announcement, the indices […]
Weekend Reflections – Week ending 20th July 2024
Week ending 20th July 2024 # 1 Markets Sensex, Nifty slide on Friday as investors booked profits after four-day record breaking rally, touching all time high of 81000 mid-week and closing at 80604 and 24530 respectively on Friday. Global weakness and IT outage also contributed to the correction. The rally earlier during the week was […]
Weekend Reflections: Week ending 13th July 2024
Week ending 13th July 2024 # 1 Markets Markets recorded closing high on Friday, despite mid-week corrections, propelled by a surge in IT stocks following strong quarterly TCS results taking Nifty to 24502 and Sensex to 80519. Demat account additions cross 40 lakh for the fourth time in June signalling significant retail participation in the […]
Weekend Reflections – Week ending 29th June
Week ending 29th June 2024 # Markets Last week, Sensex and Nifty surged to new heights, driven by strong gains in private sector lenders, buoyed by budget expectations and foreign inflows. On Friday, Sensex and Nifty closed at 79,032 and 24,010, respectively. As India celebrated a T20 victory on Saturday, after 11 year gap, the […]
Weekend Reflections – Week ending 22nd June 2024
Week ending 22nd June 2024 # 1 Markets Markets continued their buoyancy last week, but broadly directionless without much trigger, lost steam on Friday with both Sensex and Nifty closing at marginally higher for the week. Nevertheless, Indian stock markets hit a milestone on last Wednesday, executing block deals worth nearly ₹23,000 crore, the highest […]
Week Ending June 15, 2024
# 1 Market Street stabilised after week of post-election turbulence and equity indices did record fresh new highs on Thursday, capped later cued to US Fed indication of one interest rate cut in 2024 as against three, with Sensex and Nifty closing at 76992 and 23454 on Friday. On the bond market, yield on 10Y […]
Week Ending June 08, 2024
# 1 Markets Markets swayed by irrational exuberance on Monday influenced by exit polls predictions, paled into gloom on release of results on Tuesday with the prospect of coalition Govt after 10 years of stable Govt. at the Centre. Investors’ concerns partially cooled, and sanity restored with the visibility of same dispensation. Markets swung bank […]
Week Ending June 01, 2024
Week ending 1st June 2024 # 1 Markets If exit polls prove correct on Tuesday, foreign institutional investors (FIIs) may regret their decision (negative view on Indian Market) as they went net long on index futures ahead of final results to be declared on June 4. Fading hopes of rate cuts by Fed also […]