Market Morning Notes For 05th January 2023
Markets witnessed major selling pressure on Wednesday with most of the key indices declining around 1% ahead of Fed minutes despite global equities turning unchanged. The Fed minutes stated that Fed officials’ intent on lowering inflation back towards their 2% target is at risk of rising unemployment and slow growth. The FIIs suddenly dumped around Rs 7300 crores (Cash + Futures) after...
Financial Checklist: Start 2023 Off Right!
As we clink our glasses and countdown our way into 2023, it is also important that we dwell upon the past year and all the financial lessons it has taught us. While you might have already decided on a set of goals that you wish to achieve, it is time to revisit your financial plans and make sure they are in sync with your short-term and long-term desires. We have prepared a financial...
P2P Lending Decoded
How do banks make money? Simple, when you deposit your money with a bank, they further lend it to borrowers at a higher interest rate compared to the rate you get as the interest on your deposits. And that margin between the interest earned by lending and the interest paid on deposits is the profit for banks. For example, you deposit a certain amount of money with a bank at a 5% rate...
Market Morning Notes For 02nd January 2023
Markets for the month of December settled below key support of 18130 thus confirming the ‘bearish engulfing line’ on the monthly chart after a sharp selloff in the last hour of trade on Friday. The selling pressure was mainly seen due to sharp appreciation in JPY which poses the risk of a major meltdown in Indian markets. With USDJPY declining further to 131 and MSCI India Net USD...
7 Key Differences Between UPI and e-RUPI
In the constant progress towards expanding the ‘Digital India’ movement, the government of India is also focusing extensively on digitizing the economic aspects. From introducing digital banking facilities to popularizing the UPI payment system, the steps taken by the Indian government to revolutionize the Indian economy have received an overwhelming response from people across the...
Market Morning Notes For 30th December 2022
Markets rallied on low volumes to regain its control above the key support of 18130 as we approach the monthly closing. The gains were mainly on the back of a rally in Nifty Bank but the broader market lacked strength at higher levels. One key reason for the recovery in the market was on the back of minor weakness in JPY where USDJPY rebounded from 131 to 134 however after yesterday’s...
Market Morning Notes For 29th December 2022
Markets ended on a flat note after the initial attempt to cross 18200 which turned out to be 38.2% of the recent down move and closed below the crucial support of 18130. Closing below 18130 for the Month of December should be seen as a sign of a major trend reversal with the formation of a ‘Bearish Engulfing line’ on the monthly chart. The leading cause of worry for Indian markets is the...
A Beginners Guide To Fractional Real Estate Investing
With each passing day, as we are getting closer to hitting a possible global recession, many investors remain clueless about the appropriate approach they must take with regards to their investment strategies. As the problem of inflation has been causing a ruckus for every common man’s budgeting plan of action, the concept of new investments seems beyond reach. Even though a large...
Market Morning Notes For 28 December 2022
Markets extended gains on Tuesday on the back of a surge in metal counters with the Nifty Metal Index rallying by more than 4% to help the Nifty 50 close above 18130. The level of 18130 is seen as an essential trigger on a monthly basis as a monthly close below the same should confirm the ‘Bearish Engulfing pattern’. Meanwhile, volume remains on the lower side, which means this current...