Daily Dose of Market and News: 17/09/21

Market Update ▫️ Indian markets extended the rally, on account of support measures announced by the government for various sectors. ▫️Sensex and Nifty closed at 59,141 (+0.71%) and 17,629 (0.69%). ▫️Banking Sector was show stealer which jumped on expectations of Finance Minister's announcement of government funded Bad Bank. Nifty Bank and Nifty PSU Bank surged [...]

Market Update and News Bulletin: 16/09/2021

Market Update▫️Indian markets touched all time high yesterday, backed by government announced schemes for auto and telecom sector.▫️Sensex and Nifty ended the day at 58,723 (+0.82%) and 17,519 (+0.80%).▫️Nifty Midcap and Smallcap performed in line with the frontline benchmark and ended the day with a gain of 1.02% and 0.65%. While market breadth was strong, [...]

News Bulletin and Market Update 14/09/21

News Bulletin▫️ Retail Inflation eased to 4 month low of 5.30% in August. This will cool pressure from RBI to curb liquidity (positive for market).▫️Old dues to private power generation companies from distribution companies touched ₹49,000 crores and is a cause of concern.▫️Jet Airways will again touch the sky in 2022, and has already hired [...]

Bhartiya Economy!

All strange things are happening around the world currently. Gold and Stock markets which apparently have inverse correlation are moving north like best friends and there’s no halt, it seems. Amidst all this, another topic which is doing the rounds is the resurgence of the agriculture economy on the back of better than expected monsoon [...]