The financial year 2023-24 started on a good note for the capital markets. Nifty rose almost 4.1% and on the other side Bond yields have come down post RBI's action in MPC. Equities Much awaited short covering by FPI, followed by some buying resulted in 4.1% rise in market in April. It was important to note that [...]
As we come to the end of the financial year 2022-23, we have seen equity and debt markets withhold their performances despite global weaknesses, high inflation, rising interest rates, continuing geopolitical tensions, battling the pandemic, currency swings, FII selling and last but not at all the least global banking turmoil. In this roller coaster financial year, we[...]
Initial Commentary The first 2 months of calendar year 2023 were marked with market volatility and overhang of negative cues from global peers. Nifty50 index declined by 4.82% from 1st Jan to close at 17321 on 1st March 2023. Sensex declined by 3.69% in the same time period. The month of February was especially marked with negative[...]