Marking the sixth consecutive week of gains, Indian equities continued to bounce and extended the gains this past week. It was a measured move for the market, which went on to close at a fresh lifetime high once again. The trading range over the past five days was narrower than the week before this one. … Read more
The week gone by saw the domestic equity indices move in a wide range and stocks rally on global risk-on sentiment following the US election verdict. Not only was the trading range wide at 723 points, volatility too declined to a great extent. The market’s bias over the past five days remained secularly bullish, and … Read more
Even with the White House pushing a new $1.8 trillion stimulus plan, it’s unclear if anything will get done before the presidential election. The Senate is opposed to an expansive program, and Majority Leader Mitch McConnell said his priority is the Supreme Court nomination, not fiscal aid. Despite the uncertain timing, investors are betting that … Read more
I remain cautiously optimistic and I believe that dips potentially present themselves as buying opportunities, says Luke Browne, Head-Asset Allocation, APAC. What are your views on some of the risks which may be emerging at the horizon globally? Right now, tech stocks got a bit corrected and everybody got scared. What are your thoughts on … Read more
In a strong move that the market saw on Friday, Nifty made a fierce attempt to move past the 200-DMA after having faced a hurdle in it over the past several days. The index opened on a positive note, but traded with capped gains for most part of the session. However, the second half of … Read more
The domestic equity market ended with gains for the fourth week in a row, as Nifty extended its up-move. However, unlike the previous week, the trading range narrowed considerably, and the momentum appeared to be losing its strength as well. Compared with a 400-point trading range seen in the week before, Nifty this time oscillated … Read more