The S&P 500 briefly surpassed 6,000 points for the first time as investors celebrated Trump’s election victory and a likely Republican sweep in Congress. The markets soared this week, posting their best week in a year, fueled by expectations of business-friendly policies and a Fed rate cut.
Posts in category All News
Wall St Week Ahead: Inflation data poses test for stocks rally after Trump win (09-11-2024)
Investors are closely watching inflation trends to see if the stock market rally, fueled by Trump’s victory and expectations of tax cuts, can be sustained. The Federal Reserve’s ability to continue cutting rates hinges on inflation remaining moderate. While Trump’s policies could boost growth, they also carry the risk of reigniting inflation.
Oil prices fall as Hurricane Rafael expected to start weakening (09-11-2024)
Oil prices dipped slightly on Friday. The risk of Hurricane Rafael impacting US oil production decreased. The market is considering the potential effects of President-elect Donald Trump’s policies on oil supplies. Brent crude oil futures fell. US West Texas Intermediate crude also fell. Crude imports in China, the world’s largest oil importer, decreased in October.
Arman Financial Services Ltd (09-11-2024)
On technical front Arman and CAG both are near bottom of a long term ascending channel if you switch to weekly.
Satin posted numbers yesterday as expected gnpa nnpa numbers increased.
I am waiting for Arman result. DCB Bank mgmt is telling this MFI situation will take 1 year to resolve…
Best we can do is add in tranches as stocks won’t fly in a single quarter. When we will see improvement in numbers we can go ahead with our picks. My picks are Arman, Muthoot and CAG.
Arman Debt to Equity is low it’s very good that they raised fund near high valuation peak. Around 2300 rs. So they are ready for when the cycle turns. This is how they operate. They do provisioning aggressively and write off. Then when things improve they fire all the guns. One can watch SOIC video on Arman Finance how they did in past crysis like covid and demonetisations.
Arman Financial Services! The best listed Microfinance NBFC 🥇?
Asia stocks sputter as focus shifts to China stimulus (09-11-2024)
Asian stocks edged higher on Friday, but gains were capped as investors awaited stimulus announcements from China. Regional equities had opened higher, tracking Wall Street’s overnight rally to record highs. Investors were also digesting the Federal Reserve’s message for gradual interest rate cuts.
Equity markets can’t ignore rising bond yields in US: Chris Wood (09-11-2024)
Jefferies’ strategist Chris Wood warns that rising US bond yields, driven by Trump’s policies and deteriorating fiscal conditions, could negatively impact the stock market. Despite an initial pro-growth boost for the dollar, Wood remains bearish on Treasury bonds and suggests potential yield curve control measures as a policy response.
Arman Financial Services Ltd (09-11-2024)
In lending institutions you should not check promoter holding they need to raise fund for growth. Equity dilution at high valuation is a good thing. So promoter holding is not a valid criteria to look for here imo. Arman raised funds near high valuation.