Posts in category Economic Times
Not booking any profits now; more money coming in which have to be put to work: Mark Mobius (26-05-2024)
Mark Mobius says not booking any profits because they have more money coming in and they have to put it to work. ans that is not a problem because the markets are very deep now and we can see lots of opportunity, not only in India, but in other parts of the world.
Gold records its worst weekly fall this year on hawkish Fed minutes (25-05-2024)
April's preliminary US economic data shows unexpected strength in durable goods orders, rising 0.70% against a predicted -0.80% decline. Even excluding transportation, the sector grew 0.4%, surpassing the 0.20% forecast. Consumer sentiment, measured by the University of Michigan, also improved to 69.10 from 67.70. However, inflation expectations for the next year and five to ten years fell slightly below predictions, at 3.30% and 3.00%, respectively.
Learn with ETMarkets: How central banks worldwide are impacting bull run in gold (25-05-2024)
Central banks' pivotal role in driving the ongoing bull run in gold prices is dissected, highlighting the connection between central bank actions and the surge in gold prices. With mounting concerns over rising inflationary pressures, central banks view gold as a reliable hedge against currency depreciation and inflation.
FPIs net sellers of Indian equities at Rs 22,046 crore in May so far (25-05-2024)
The trend started in April when FPIs offloaded shares worth Rs 8,671 crore though domestic institutional investors showed keenness on remaining buyers. On Friday, FIIs were net sellers of Indian equities at Rs 944.83 crore versus Rs 2,320.32 buying by the DIIs.
Sudip Bandyopadhyay on strategies to navigate Nifty’s pre-election volatility (25-05-2024)
Financial expert Sudip Bandyopadhyay provided insights into the current market trends and future expectations. He emphasized that market volatility will persist until the election results are announced on June 4th, but he remains optimistic about the market's upward trajectory post-election. He talked about the strong performance of Nifty Metal, attributing it to global factors like potential US Fed interest rate cuts and China's fiscal stimulus. He also discussed the positive outlook for the FMCG sector due to expected improvements in rural demand, driven by a favorable monsoon forecast.
Nifty Outlook: Expert predicts consolidation, suggests profit booking & sectoral rotation (25-05-2024)
Financial expert Osho Krishan discusses the current state of the Nifty index and provides insights into market movements and sectoral trends. He says the Nifty is experiencing a rising channel pattern and suggests that investors consider booking profits around the 23,080 to 23,160 levels. Krishan also emphasizes the importance of trailing stop losses and utilizing dips to accumulate long positions. He predicted sectoral rotation, with IT stocks gaining traction.
Will Nifty Bank hit 50,000 next week? Rupak De of LKP Securities reads the charts (25-05-2024)
“Nifty witnessed a clean breakout above its prolonged consolidation on the daily timeframe, suggesting a surge of renewed optimism,” says the senior technical analyst
Nifty volatility surges ahead of election results: What investors need to know (25-05-2024)
Volatility remained at elevated levels this week. D-Street is building up ahead of the General Election results on June 4th. Maintaining a buoyant trajectory over the past few weeks, Nifty oscillated in a 621.85-point range.
Contrarian Thinking: Fred Kelly’s approach to investment success (25-05-2024)
Renowned writer and self-taught psychologist Fred Kelly advocated the practice of unconventional or contrarian thinking, highlighting its potential not only in profitable investments but also in various facets of life.
Gold shines brighter than ever! Here are 5 schemes you can invest in (25-05-2024)
Here are five schemes that you can take a look at.