Breaking news
June CPI inflation falls to 3.5%, below expectations of 3.8%
Core CPI inflation falls to 2.6%, below expectations of 2.8%.
Month-over-month CPI inflation fell -0.4%, the biggest monthly drop since May 2020.
#usa#cpi
#HCLTech stronger-than-expected results.
Beat Street expectations across the board. Headlines will tell you, net income appears lower but that’s due to a one-off exceptional item (~₹900 cr). Exclude that, the performance looks solid.
IT giant #tcs reports better-than-expected results.
Some posts point to lower net income, but that’s due to a one-time exceptional item (~₹3,000 cr). Excluding that exception item, margins, revenue and overall performance were better than Street expectations.
🚨 RBI CUTS REPO RATE 25 BPS TO 5.25% - UNANIMOUS DECISION
Signal:
Real GDP growth ✅ Rising
Nominal GDP growth ⚠️ Lagging due to low inflation
RBI has room to let inflation rise
🎯 Goal: Push nominal GDP above 10%
Watch: Banks, NBFCs, Sectors like Real Estate
#RBI#RepoRate
🇷🇺🇮🇳 Putin's India visit tests New Delhi's tightrope walk between Moscow & Washington
Fresh defence deals could strain trade negotiations further
Defence stocks on radar
India aims to finalize US trade deal but Putin's timing complicates the equation
#India#Russia#DefenceStocks
SILVER: Everyone's Bullish. 🚨
Can't find a single bear on $SILVER right now. When sentiment reaches these extremes, alarm bells should ring.
Everyone's talking about the SAME thing: Shanghai inventories at record lows. Bullish? Sure. But isn't that narrative priced in?
#silver
History lesson: Markets top on maximum optimism, bottom on maximum pessimism.
Right now = Maximum optimism ✅
Universal bullish consensus ✅
Parabolic technicals ✅
The next move will be explosive. Direction? That's the question.
Risk management > FOMO. Stay cautious.
#Silver
📊 The technicals are flashing warnings:
Monthly RSI > 85
Last time this happened? Silver dropped 25% in ONE month in 2011
Weekly bearish RSI divergence forming
Price making highs, momentum weakening
Not predicting a crash, but its time to be cautious going forward.
#Silver
Nifty NEW ATH after 14 months…
But beneath the surface:
• Out of NSE 500, only 170 stocks are positive since last ATH
• Breadth remains negative
• Index flying, Broader market crying
Less of a broad rally and more of an index illusion.
Stay cautious.
#nifty#alltimehigh
Needed a break from trading after a strong couple of weeks. It's crucial to take a breather after successive good trades.
Next up: the election week. Fresh and ready! This event, happening every 5 years, is critical for the markets. Get ready for trending days.
#elections
My Latest newsletter is out! On this one, we talk about the Jan US Inflation data. Subscribe now!
Link https://t.co/564OHq7hLH…
#financialnewsletter#newsletter
Today's US inflation data has come in hotter than expected on all fronts. These numbers indicate that inflation remains elevated, the fight against inflation is not over yet.
+ve for Dollar
-ve for Stocks
Watch how the US stock market reacts today. 📈🇺🇸💹 #InflationData#USCPI
Should investors sell now?
As an investor, this is not the time to exit. You should buy low, sell high, and not buy high, sell low.
Reason:
There is valuation comfort in this stock. It is trading at around its lowest PE.
Enter now?
No, let the dust settle.
#hdfcbank