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SENSEX 50k

Sensex close in on Mount 50k

Markets remain buoyant as both NIFTY & SENSEX hit new highs, SENSEX inching towards the 50,000 mark. For CY20 the NIFTY was up by 14.5% while SEXSEX was up by 15.5% for the full year. In between though markets corrected sharply in March 2020 as NIFTY fell to ~7500 while SENSEX dipped below 26000. Since …

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stock markets

Stock markets hit new highs

As the economy gradually opens up we are witnessing better economic data, stock markets are hitting all-time highs. There has been a gradual decline in daily COVID cases over the last few months. We have also seen steady progress in terms of vaccines by different countries as vaccines have already been launched in the UK, …

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SAMVAT 2077

SAMVAT 2077- Waiting for a new beginning

SAMVAT 2076, though looked good for markets, was a bad year for all of us due to a black swan event – the COVID pandemic. NIFTY is up ~5% yoy since last Diwali. In between though there was a sharp fall in markets by ~35% in March 2020 and there was complete lockdown in economic …

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stock markets

Stock markets on a COVID booster dose

Even as the Indian economy gradually opens up, there has been a constant rise in daily COVID cases with the number now touching 1 lakh/day in India from ~60,000/day last month. This is in contrast to the global scenario which has seen a decrease in numbers over the last month. Thus India currently lies in …

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COVID count

COVID count on the rise

Although the Indian economy has gradually opened up over the last couple of months, there has been a constant rise in daily COVID cases with the number now touching 30,000/day in India. This is in contrast to the global scenario which has seen a decrease in numbers over the last month. In addition there has …

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stock market uneasiness

Uneasiness persists in markets

Stock market Index- NIFTY/SENSEX sustained at significantly high levels, though the broader markets remain subdued. Markets have largely remained range bound over the last month but the euphoria seen in the index levels do not reflect in stocks beyond the top 10-15 stocks. Liquidity remains strong as seen from the oversubscription in IPOs over the …

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stock markets festive

Will the festive season bring some cheer to stock markets?

Stock markets have been largely range bound over the last month, though the broader markets have continued with its subdued performance largely due to consistent selling by FPIs. The government has taken several measures to boost the economy, such as corporate tax rate cuts & roll back of tax surcharge, but it has failed to …

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slowdown

Economic slowdown calls for a stimulus

Stock markets have been largely range bound over the last month, though the broader markets have continued with its subdued performance largely due to consistent selling by FPIs. Ever since the budget was presented on 5th July, major indexes have corrected ~10%, while the sell-off has been sharper in the broader markets. FII have been …

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election results

All eyes on election results- Who will cross the magic figure?

All eyes will currently be on the outcome of the election results on 23rd May 2019. Markets have been volatile for the last month as 7 phase polling continues. Last month NIFTY touched an all-time high of 11,856 while SENSEX touched a high of 39,487. Historically it has been seen that election outcome turns out …

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