At @BSEIndia yesterday 🏛️. Discussions: market outlook, investor awareness & #derivative strategies.
Key worry: Are retail traders losing ground to big institutions?
Hope for #innovation that protects small investors while keeping 🇮🇳 a global market leader.
#StockMarkets
Zerodha console is now giving a graph of your investments compared to Nifty!
Amazing feature to understand how the investments are doing in long run!
Hum laye hain toofan se kheste nikal ke ;-)
We had booked a Toyota Innova Hycross GX Petrol - 8 seater (Booking ID: GU04AORD230001205) from IJM Toyota Gurugram (GU04A) on March 28,2023 (Tuesday). Such delay of 12 months is not acceptable for customers and want delivery before financial year end 31 March 2024! #Toyota
FED Rate decision: UNCHANGED: Actual at 5.50% Vs expectation of 5.50% and Previous 5.50% Hardly any change in the commentary as highlighted below from last statement …
“Willingness” & “Ability” … two key considerations to lend … Sad to see the “willingness” lacking in some of the high profile borrowers … Defaulting has turned into a conscious economic decision !!!
9. Someone will ask if RBI will look through this spike since it's only food led (largely by vegetables) and will get no straight answer
10. Views on liquidity surplus would be interesting, but expect nothing on liquidity from the policy
What to expect from RBI's August Policy?
1. No change in rates or stance
2. RBI is likely to be super hawkish given the steep rise in headline inflation
…. Continued in thread
3. Expect repeated mention of 'vigil' on inflation. They are also likely to explicitly talk about further rate actions if required
4. May also mention that other non-monetary reforms and initiatives are required to control inflation (not so sure about this though)
7. HH inflation expectations will probably rise as they tend to be sensitive to food inflation
8. Expect discussion around 'tomato' or the high weight of 'food' in India CPI etc. in the post policy interactions
5. CPI inflation forecasts are going to be revised upwards to 5.3-5.4 for FY24 from 5.1% in the previous policy
6. FY24 GDP forecast likely to be held at 6.5% ( RBI forecasts already at the higher end of market forecasts)
Now an expiry on Wednesday (MIDCPNIFTY) also :) in addition to FINNIFTY (Tuesday), NIFTY (Thursday), BNF (Thursday). Maybe this will help in traded option volume of not so popular index so far …future discontinuation a bit of worry ?