This week, the domestic market reached the psychological milestone of 25,000, with a peak at 25,078.30 before closing at 24,717. The market experienced a brief surge, in the last 7days, before consolidating due to subdued quarterly results & clampdown in Asian market like Japan. Initially, the week started positively as […]
MSCI-INDIA
Since June 4th, the national market has been thriving on a strong foundation. The formation of a stable government and high expectations for the upcoming budget have been key drivers for this rally. Optimism may have grown further when the final budget date was extended to July 22nd, allowing for […]
In the latest Greed and Fear report, Chris Wood of Jefferies revealed adjustments to the Asia Pacific ex-Japan relative-return portfolio made at the end of the last quarter. These changes in the new Asia Maxima were driven by significant shifts in the neutral weightage. The report noted that India’s weightage […]
Over the past 3 months, the Indian market has traded cautiously, with the Nifty50 index confined to a narrow range of 1,000pts, between 21,800 and 22,800. However, this week has seen a departure from this trend, as the market comfortably surpassed this range, closed at a new high of 22,952 […]