The Reserve Bank of India (RBI) raised policy rates by 50 basis points to 4.90%. The stock market’s first reaction was favourable, with benchmark indices rising until the second half saw a rapid fall of 200 points in Nifty. The main motive behind the hike of policy rates is to Read more…
Swamped by a horde of geopolitical issues like the Russia-Ukraine war, China’s strict COVID policies and rising inflation, to name a few, the global equity market is struggling to find its footing. Despite the INR seeing an all-time low, Indian IT companies continue to stay on their course of steady Read more…
No matter how long you have been trading or investing, the market never fails to surprise you. Take the ITC anomaly that unfolded on May 19th. Despite Nifty falling by 2% overnight, ITC gained over 4% in the morning. ITC shone in a red market, reporting an 11.80% YoY rise Read more…
Inflation is the villain in every investor’s story. But it can be tackled effectively once you wrap your head around how it influences the market. Inflation has been above RBI’s target range of 6% for the last few months now. The ongoing geopolitical turmoil is escalating it further—the prices of Read more…