Wishing all our readers and supporters a very Happy New Year 2024!
The year 2023 will be etched in memory as a remarkable period, often referred to as a dream year, as the Nifty closed with an impressive gain of almost 19%. Notably, this marked the eighth consecutive year where both the Nifty and Sensex concluded on a positive note. Read more
Market Outlook Jan. 2024
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Market Outlook Apr. 2024
As anticipated, March 2024 witnessed significant volatility and profit booking, with the market encountering resistance each time it attempted to break out. This trend was primarily triggered by valuation concerns highlighted by SEBI for midcaps and small caps, alongside year-end loss booking to offset tax implications. Additionally, concerns regarding inflation data in both the US and India [...]
Market Outlook Mar. 2024
As anticipated, February 2024 witnessed significant volatility and profit booking, with the market encountering resistance each time it attempted to break out. The market stayed strong in February 2024 thanks to major players like Reliance, Tata Motors, Maruti, M&M, and SBI. If these stocks were taken out, it could change the overall view of the market significantly.[...]