@consciencemfo is organising a cricket tournament for the startup ecosystem. 16 Teams. 4 Groups.
Jan 19-22 & 26-28
Follow for live updates :)
#consciencestartupleague
Banking & financial sector is the talk of the town with its outperformance over the last several weeks.
It would be a nice Sunday read to know a few of the key metrics that we track. #Banks#NiftyBank#finance#investing
Give it a shot: https://t.co/TCOE6y2Qs5
IT Companies have taken a backseat after receiving rating downgrades from several brokerage firms. Is the situation as grim as it seems? Let's find out.
I sat through several Investor concalls and quarterly reports, mapping the IT sector to give you a fair idea as to what has happened here in the second quarter and what would be the outlook going forward in the upcoming quarters.
A thread 🧵:
#nifty50 ended at 17,833 level, risen by 1.6% amid weak global cues. BN closed at a 10 month high with Fin stocks continuing to outperform. IT has started to regain momentum. With markets around the world in red, India is the only one standing strong amidst these tough times.
#nifty50 ended the week on a flat note amid great volatility with a drop in the beginning of the week followed by bulls pushing the market back to where it started. US markets have been falling at a steady rate and it will be interesting to see the effect this has on our markets
Nifty 50 ended in the red at 17,558 points (-0.36%) Market breadth remained positive, with 285companies in the Nifty 500 closing in the green. Stocks plunged in the US after Jerome Powell reemphasized Fed’s commitment to reducing inflation & warned to brace for hard times
#Nifty
After gainig steadily through the week Nifty 50 slumped 198.05 points (-1.10%) to settle at 17,758.45. The recent rally of the dollar index has surprised bulls. Broad-based selling was witnessed, dragging the index further down on Friday.
#Nifty#investing#inflation#geopolitics
After gaining 1700 points (+10%) in the previous month, index closed this week (+1.7%) up. Metals rally continues as stocks have risen 20%+ past month. Bullishness serves as a sign that things are getting better with inflation softening in July, but still a long way from normal.
Nifty 50 ended at 17,397 levels(+0.9%). IT(+2%) led to Nifty's gain. RBI hiked rates by 50bps to control liquidity in the market.
It will be interesting to see market sentiment after how geopolitical tensions between China, Taiwan and USA pan out in the upcoming week.
#nifty_50
Despite the Fed hiking rates by 75 bps, nifty 50 closed in green(+2.88%) at 17,158 points. 293 companies in the nifty 500 ended with positive returns.But does the 75 bps hike justify the 9% inflation rate? only time will tell..
#nifty50#investing#inflation#geopolitics
Nifty50 ended flat (-0.5%) closing at 16,049 levels. IT lost 4.9% with TCS dropping to its 52-week low. Almost half of the Nifty500 stocks closed in the red. Rate hike fears, inflation numbers in India and US are weighing on investor sentiments.
#nifty50#sensex#investing
Nifty50 ended higher(+3.3%) at 16,220 levels mirroring positive global cues.392 of the Nifty500 stocks closed in the green. FMCG and Realty sectors were the top gainers. Earnings season kicked off yesterday with TCS results below expectations!
#nifty50#sensex#inflation#stocks