Daily Market Analysis – 28th Apr 2021 (Cryptocurrency)
Cryptocurrency V/S Traditional Assets (Stocks, Mutual Funds and other Debt products) What is Cryptocurrency? How does it work? And why are they so popular? A cryptocurrency is a form of payment that can be exchanged online for goods and services. Cryptocurrencies work using a technology called a blockchain. Blockchain is a decentralized technology spread across many computers that...
Daily Market Analysis – 27th Apr 2021
Cement Sector and opportunities in India Sector overview India is the 2nd largest cement producer in the world after China.The production of cement was 502 Million tonnes in 2018 and expected to grow 550 tonnes by 2020. The demand of the cement industry is expected to reach 550-600 MT per annum (MTPA) by 2025 because of the expanding demand of different sectors, i.e., housing,...
Daily Market Analysis – 26th Apr 2021
Steel Industry & Its Impact on Indian Economy Overview of the sector: India was the world’s second-largest steel producer in 2019. India surpassed Japan to become the world’s second-largest steel producer in 2019 with crude steel production of 111.2 million tonnes (MT). The country is ending FY21 with a total steel consumption of around 95-97 million tonnes of steel which is...
Daily Market Analysis – 23rd Apr 2021
S&P 500 Index down 1% on 22nd April. The Dow Jones Industrial Average and NASDAQ Composite both moved backwards – Joe Biden is seeking to raise taxes on millionaire investors to fund education and another spending on welfare to recover the U.S. economy. Biden is proposing to increase the capital gains tax to 39.6% for those Americans earning more than $1 million. The...
Daily Market Analysis – 22nd Apr 2021
Auto Industry & Its Impact On Indian Economy – India became the fourth largest auto market in 2019 displacing Germany with about 3.99 million units sold in passenger & commercial vehicles categories. India is expected to displace Japan as the third-largest auto market by 2021. Our country is also a prominent auto exporter and has strong export growth expectations for the near...
Daily Market Analysis – 21st Apr 2021
Foreign Trade Policy: The government on Wednesday extended the existing foreign trade policy (FTP) for six more months amid the coronavirus outbreak. The current policy will now be valid up to September 30, 2021. The foreign trade policy is essentially a set of guidelines for the import and export of goods and services. Covid-19 was catastrophic for international trade. Exports...
Daily Market Analysis – 20th Apr 2021
Market Analysis on Banking Sector HDFC Bank India’s largest private sector lender HDFC Bank today reported an 18.2 percent year-on-year rise in net profit to Rs 8,186.51 crore for the quarter ended March. The lender reported a net interest income of Rs 17,120.2 crore, up 12.6 percent from a year-ago quarter. Analysts had expected the bank to report a 23 percent year-on-year rise in...
Daily Market Analysis – 19th Apr 2021
RENEWABLE ENERGY Market Analysis – Indian renewable energy sector is ranked fourth attractive market in the world. India has ranked fifth in wind power, fifth in solar power, and fourth in renewable power installation. Installed renewable power generation capacity has gained pace over the past few years, posting a CAGR of 17.33% between FY16-20. With the increased support of...
Chennai Super Kings CSK – Unlisted Stock
Overview of Chennai Super Kings: The Chennai Super Kings CSK is a franchise cricket team based in Chennai, Tamil Nadu which plays in the Indian Premier League (IPL) since its inception. The team is captained by Mahendra Singh Dhoni. CSK has won the IPL Tournament thrice and won the Champions League T20 Tournament twice. The franchise has served a two-year suspension from the IPL starting...
