#1 – Weekly Market Update 12th-18th Nov

weekly newsletter

Hello Everyone,
I know I am late but before I start a very 🪔 Happy Diwali 🪔 to you and your family.

🏏🏏 We lost the World Cup to Australia. But what a wonderful innings and a wonderful performance by Travis Head in today’s match and we cannot forget the performance of Indian team since it was so wonderful.
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Welcome to our first free offering to our fellow investors/traders.
So you must have one question in your mind ” What is this ? And why another weekly newsletter when there are already another websites are offering the same ?
Let me try to answer this

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Markets have ended up in green while cheering up for softening in US CPI (due to lowering of energy prices) data which helped the US and Indian to end up in green.
Indian government bond yields decline amid US Treasury lows. All these macro indicators indicates that FED may pause any further rate hike, but we are not expecting any rate cuts anytime soon until worsening of economy. And Crude continues to fall -12.76% over a month which can be a good sign for Indian Economy.

And as usual Mid Cap and Small Cap continue to outperform the markets despite of several warnings from fund managers or by market veterans.

So on sector-wise performance IT was winner and our all time favorite Banks were looser ( since RBI come up with circular on increase risk weights on unsecured loans ).

If we look the chart closely. It can be seen that Pharma is gaining momentum and Realty and PSUs are the best performer. (These are our predictions based on the the analysis of chart above).

And Nifty Bank is not expected to perform anytime soon due to underperformance of heavy weight of HDFC Bank and increase capital requirement on unsecured loan due to new RBI circular.

Based on FII Index Futures Net Long Position , it can be clearly visible that it is way below the average and below the lower range. Last time when it was at 65% (way above the average and upper range) in during 12th Sep - 15th Sep then Nifty made a all time high at 20222 on 15th Sep and then immediately corrected to 19436 on 4th Oct and the net long position corrected to 24%.
All this clearly indicate that small corrections may come but no major corrections is expected in index as of now. ( Remember any correction in Midcap Cap and Small Cap can create negative sentiments which may create sell off in whole of the markets).

Important Corporate Announcements - You can't afford to miss.

Out of 1500+ corporate announcements on NSE. We have filtered out 43 most important announcements which in our view is most important and one should keep this in mind before taking any positions in the respective stock.

Order Received / Acquisition

Capacity Additions

Fund Raising

Future Board Meeting

Merger/Demerger/Restructuring

Substantial Acquisition of Shares and Takeovers

US FDA Inspection

Resignations

Currently Reading

  1. Regulatory measures towards consumer credit and bank credit to NBFCs.
  2. Microsoft New AI chip - To reduce cost in AI computing and lessen reliance on Nvidia
  3. OpenAI board in discussions with Sam Altman to return as CEO - Funny Development happening.

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