Week ending Dec 31, 2023
# 1. Markets’ 2023- Aha Moment Equity: Stocks globally ended 2023 near record highs, defying a year of higher rates though finished Friday in the red, powering through a year of economic uncertainty: The Dow rose 13% (second best since 2009) for the year, S&P 500 enjoyed gains of 24% (best since 2010) Nasdaq swelled […]
Week ending Dec 23, 2023
Positive global trends propel Sensex and Nifty upward on Friday. The calendar year 2023 anyway turned out to be a fabulous year for the Indian stock markets with benchmark equity indices hitting new all-time highs. The benchmark S&P 500 traded less than 1% shy of its all-time closing high as traders’ price in an aggressive […]
Week ending Dec 17, 2023
Markets Sensex rallied close to 6000 points in a month crosses 71000, on closing Friday, driven by falling rate of inflation, strong buying by foreign funds, a relatively stable rupee, sliding crude oil prices an robust corporate earnings by most of the large companies. Latest trigger was from Fed about possibility of rate cuts in […]
NBFCs/FinTech’s Landscape – RBI’s lens
India’s NBFCs emerge as financial titans, allocate ₹7 lakh crore to retail – reads the caption of India Finance Report (2023) by RBI’s Centre for Advanced Financial Research and Learning (CAFRAL), last month. In an epochal shift within India’s financial ecosystem, Non-Banking Financial Companies (NBFCs) have emerged as financial titans, making a monumental infusion of […]
Week ending Dec 10, 2023
Indian stocks rose to fresh closing highs on Friday with the Nifty briefly crossing 21,000 in early trade led by gains in large-cap bank and IT stocks. Reserve Bank, while keeping the dovish stance, made series of announcements to strengthen the financial system, each of them likely to have good impact. Nifty and Sensex will […]
Week ending Nov 26, 2023
Indian benchmark indices broadly remained stable last week. Nifty 50, Sensex, and Nifty Bank indices oscillated in a sideways range all through the week and closed marginally higher. The S&P continued to rally last week as risk assets have surged since yields on US Treasuries started to drop in late October. The index closed 2.2% […]
Key developments and notifications- 19th Nov 2023
Nifty 50 and Sensex have risen well for the third consecutive week while the Bankex failed to sustain the break. In US S&P 500 barely gains while Dow ends lower on the back of benign inflation data points. Let’s review key developments and notifications last week. 1. RBI 1a.RBI Googly on Banks/NBFCs RBI followed up […]
Are GOLDen times back?
In today’s economic climate, gold’s role as a financial safe haven is more pronounced than ever. Central banks in developed markets are nearing the end of increasing interest rates, and there’s a general expectation of a slowdown in the US economy towards the end of 2023. Growth in other advanced economies is also expected to […]
Growing global tensions-whither India growth story?
Amidst global tensions, India pursues economic growth and one must navigate the delicate investment sentiment Across the globe, geopolitical tensions have consistently influenced the trajectory of international relations, often casting long shadows over collaborative aspirations, and stunting economic growth. The intricate dance between politics and economics shows how national priorities, historical legacies, and global power […]
India at the Forefront: India emerges as the pillar of global economic growth
Through G20 pledges to Nifty 50 records, India emerges as the pillar of global economic growth. When the leaders of the world’s most significant economies convened in New Delhi for the G20 summit on 9-10 September 2023, the global spotlight was focused on India. Hosting under the theme ‘Vasudhaiva Kutumbakam’, a Sanskrit phrase meaning ‘the world is […]