Listen to #MarketSavera Podcast by Devarsh Vakil on Spotify - https://lnkd.in/djZbAXGN U.S. stocks closed higher Friday after paring gains in the final stretch of trading, with all three major indexes rising for the week. Consumers’ optimism about the economy fell to an eight-month low in July over frustration with high prices, even though they expect inflation to slow over the next year. U.S. stock-index futures saw a modest rise Sunday night, as financial markets opened for the week following an apparent assassination attempt on former President Donald Trump a day earlier at a campaign rally. Traders took stock of the likelihood of Donald Trump winning the US presidential election after an assassination attempt. India’s retail inflation rose to four-month high of 5.08 percent in June compared with 4.75 percent in the previous month as food inflation galloped to 9.4 percent given the impact of heatwave on vegetables. The industrial output growth in India surprised in May rising to a seven month high of 5.9 percent from 5 percent in the previous month, as manufacturing and electricity production soared, according to the official data released on July 12. Collection of net direct tax in India jumped 20% to Rs 5.74 lakh crore till July 11 in the current financial year on higher advance tax payment by corporates, according to the Central Board of Direct Taxes. HCL Tech revenue was in line with estimates and profitability was above expectations in Q1FY25. Dabur expects a gradual growth in consumption this fiscal as it expands into the rural areas. US FDA conducted a Pre-Approval Inspection (PAI) of Piramal Pharma Limiteds PPDS Ahmedabad facilitycompleted successfully with Zero Form - 483 observations and No Action Indicated (NAI) designation. Asia-Pacific markets mostly fell on Monday as investors awaited China’s Third Plenum and also assessed an assassination attempt on former U.S. President Donald Trump at a rally over the weekend. Nifty ended strong on July 12 led by Information Technology stocks after Tata Consultancy Services surprised the street with its Q1 results. Nifty IT index touched the highest since Jan 2022. At close, Nifty was up 0.77% or 186.2 points at 24502.2. Nifty broke out of the range of the last 6-7 sessions and closed at record highs. Nifty could now gradually rise towards 24960 while 24174 and later 23993 could provide support in the near term. Indian markets could open mildly higher, despite mostly lower Asian markets today and in line with higher US markets on July 12
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Listen to #MarketSavera Podcast by Devarsh Vakil on Spotify - https://lnkd.in/djZbAXGN U.S. stocks closed higher Friday after paring gains in the final stretch of trading, with all three major indexes rising for the week. Consumers’ optimism about the economy fell to an eight-month low in July over frustration with high prices, even though they expect inflation to slow over the next year. U.S. stock-index futures saw a modest rise Sunday night, as financial markets opened for the week following an apparent assassination attempt on former President Donald Trump a day earlier at a campaign rally. Traders took stock of the likelihood of Donald Trump winning the US presidential election after an assassination attempt. India’s retail inflation rose to four-month high of 5.08 percent in June compared with 4.75 percent in the previous month as food inflation galloped to 9.4 percent given the impact of heatwave on vegetables. The industrial output growth in India surprised in May rising to a seven month high of 5.9 percent from 5 percent in the previous month, as manufacturing and electricity production soared, according to the official data released on July 12. Collection of net direct tax in India jumped 20% to Rs 5.74 lakh crore till July 11 in the current financial year on higher advance tax payment by corporates, according to the Central Board of Direct Taxes. HCL Tech revenue was in line with estimates and profitability was above expectations in Q1FY25. Dabur expects a gradual growth in consumption this fiscal as it expands into the rural areas. US FDA conducted a Pre-Approval Inspection (PAI) of Piramal Pharma Limiteds PPDS Ahmedabad facilitycompleted successfully with Zero Form - 483 observations and No Action Indicated (NAI) designation. Asia-Pacific markets mostly fell on Monday as investors awaited China’s Third Plenum and also assessed an assassination attempt on former U.S. President Donald Trump at a rally over the weekend. Nifty ended strong on July 12 led by Information Technology stocks after Tata Consultancy Services surprised the street with its Q1 results. Nifty IT index touched the highest since Jan 2022. At close, Nifty was up 0.77% or 186.2 points at 24502.2. Nifty broke out of the range of the last 6-7 sessions and closed at record highs. Nifty could now gradually rise towards 24960 while 24174 and later 23993 could provide support in the near term. Indian markets could open mildly higher, despite mostly lower Asian markets today and in line with higher US markets on July 12
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Listen to #MarketSavera Podcast by Devarsh Vakil on Spotify - https://shorturl.at/h04AR U.S. stocks finished higher on Tuesday as the S&P 500 and the Nasdaq Composite posted fresh records ahead of the Juneteenth holiday on Wednesday. Nvidia Corp.'s stock surged 3.5%, with the company reaching a valuation of nearly $3.34 trillion. The AI chipmaker was the most valuable U.S. company by market capitalization as of Tuesday afternoon, overtaking megacap tech players Microsoft Corp. and Apple Inc. Fitch Ratings revised India's growth forecast for the ongoing financial year from 7% projected in March to 7.2%. In its latest global economic outlook report released on Tuesday, the agency attributed this upward revision to elevated consumer confidence boosting spending levels and a rise in investments across sectors. Asian equities rose Wednesday after a rise in chipmakers drove US stocks to yet another record-breaking session on Wall Street. Coal India exploring lithium assets in Argentina with U.S. company Ami Organics launches QIP with floor price of Rs 1,228, aims to raise Rs 500 crore. Radico Khaitan to launch Rampur Asava Indian Single Malt Whisky in India Nifty saw another day of records as it extended gains to the fourth session on June 18. At close, Nifty was up 0.39% or 92.3 points at 23557.9. Nifty is yet to show any reversal signal. Nifty could stay in the 23334-23690 band for the near term. Indian markets could open higher, in line with mostly positive Asian markets today and higher US markets on June 18
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Listen to #MarketSavera Podcast on Spotify - https://lnkd.in/dAeNYYDx US stocks ended lower across the board, with Dow and small-caps facing selling pressure as equities saw across-the board declines. The selloff in stocks intensified on Thursday as Wall Street got caught up in speculation about whether or not President Joe Biden will stay in the race for the White House. A shakeup of the Democratic ticket could make investors more uncertain about the election outcome. Investors are expecting the Fed to begin cutting its interest rates in September, The European Central Bank left interest rates unchanged in a unanimous vote on Thursday following June’s landmark cut, as it described the potential for a September reduction as “wide open.” The decision — which keeps the key ECB interest rate at 3.75% — was widely expected amid ongoing concern over inflationary pressures, particularly from the labor market. Asia-Pacific markets fell on Friday, tracking Wall Street declines as investors continued to take profits from the rally in equities in recent weeks. In China, investors were left disappointed over the lack of details provided on the implementation steps for achieving the country's economic policy goals at the conclusion of its closely watched plenum on Thursday. Bharti Airtel bags multi-year contract from CBDT for providing network solutions Dr. Reddy’s signs non-exclusive patent licensing agreement with Takeda to commercialise Vonoprazan, gastrointestinal drug in India Infosys announced numbers that were above market expectations in Q1FY25 Nifty ended higher for the fourth straight session on July 18 post a sharp recovery post 1130 Hrs. At close, Nifty was up 0.76% or 187.9 points at 24800.9. Nifty has provided a breakout and the next resistance is at 24960. Support could come in at 24661 in the near term. Encouraging results and guidance from Infosys overnight could improve sentiments towards tech stocks and overall market; however it will be interesting to watch as to whether this sustains through the day. Indian markets could open flat to mildly higher, despite mostly lower Asian markets today and negative US markets on July 18
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Listen to #MarketSavera Podcast on Spotify - https://lnkd.in/dMiUuNxJ US stocks closed firmly lower on Tuesday after Iran fired over 100 ballistic missiles at Israel, pushing oil prices for West Texas Intermediate and Brent to their biggest increases in nearly a year. The S&P 500 ended little changed on Wednesday, with technology shares gaining but investors nervous about Middle East tensions and more U.S. labor data due this week. Job openings in the US surprisingly increased in August, furthering the narrative that while the labor market is cooling, it's not rapidly slowing. New data showed there were 8.04 million jobs open at the end of August, an increase from the 7.71 million seen in July. A strike by dockworkers began on the East and Gulf coasts, threatening to halt the flow of half the US's ocean shipping. Disruption from the large-scale stoppage could cost the economy billions of dollars a day, stoke inflation, put jobs at risk, and reverberate through US politics. Global hedge funds flocked to Chinese equities on the back of Beijing's much bigger than expected stimulus measures, leading to the strongest weekly buying on record, On Wednesday, Japan’s new prime minister, Shigeru Ishiba, told reporters economic conditions don’t currently support another rate hike. Coal India production drops 1% in September to 50.9 MT Jubilant Ingrevia’s subsidiary signs a deal with agrochemical firm to produce agro intermediate Zydus Lifesciences received tentative approval from US FDA for Enzalutamide Tablets Japan stocks led most Asian markets higher Thursday, while Hong Kong’s Hang Seng index slipped as the China stimulus rally appeared to ease. Nifty extended its fall to a third session on Oct 01. At close, Nifty was down 0.05% or 13.9 points at 25796.6. Nifty could face resistance from the 25956-26011 band while 25446 could offer support in the near term. Indian markets could open sharply lower, in line with muted global cues.
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Listen to #MarketSavera podcast on Spotify- https://lnkd.in/dMiUuNxJ Major U.S. equities indexes were mixed on the final trading day of the week as investors digested the latest Personal Consumption Expenditure (PCE) data showing consumer price pressures cooled in August, reinforcing expectations that the Federal Reserve will continue cutting interest rates. August’s personal consumption expenditures price index — the Federal Reserve’s favored measure of inflation — increased 0.1%, matching expectations from economists polled by Dow Jones. Japan’s benchmark Nikkei 225 index tumbled nearly 5% early Monday after the country’s ruling Liberal Democrats chose Shigeru Ishiba, a former defense minister, as the next prime minister. Ishiba has said he supports the Bank of Japan’s independence and normalization path in principle, and that the country needs to defeat deflation. Iron ore futures surged in Singapore after the cities of Shanghai, Guangzhou and Shenzhen eased rules on housing purchases, following through on the central government’s latest efforts to prop up the embattled property sector Welspun Enterprises declared lowest bidder for Rs 1,990 crore Mumbai Water Tunnel Project IDFC FIRST Bank announces completion of IDFC Ltd merger effective Oct 1 Zydus Lifesciences received final approval from US FDA for Enzalutamide Capsules Asia stock markets turned hesitant on Monday as strife in the Middle East offset more stimulus measures in China, while the Nikkei dived on concerns Japan's new prime minister favoured normalising interest rates. Nifty snapped its six-session winning streak on Sept 27 after hitting its highest level of 26277.35 points. At close, Nifty was down 0.14% or 37.1 points at 26178. Nifty could now face resistance from the 26250-26475 band on the upside, while 25849 could offer support in the near term. Indian markets could open lower, in line with mixed Asian markets today and mixed US markets on Sept 27
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Listen to #MarketSavera podcast on Spotify - https://lnkd.in/dMiUuNxJ The S&P 500 closed higher Wednesday as the minutes of the US Federal Reserve's July meeting strengthened expectations for a rate cut next month, overriding concerns about the economy following softer labor market data. Minutes from the latest US Fed policy meeting showed several officials acknowledged a conceivable case for cutting rates, before the central bank voted to keep them steady. Chair Jerome Powell will have a chance to offer investors further clarity when he speaks in the Jackson Hole economic symposium on Friday. BOJ Governor Kazuo Ueda will face intense market scrutiny on Friday when he speaks to lawmakers, after the central bank’s rate hike and hawkish signals contributed to the global market turmoil earlier this month. Stocks in Asia edged higher on Thursday ahead of key events from the Federal Reserve and the Bank of Japan that will help outline the global rates trajectory. Reliance Industries (RIL) plans to invest more than Rs 1,000 crore to enhance production from its coal bed methane (CBM) blocks in Madhya Pradesh Coal India actively pursuing the acquisition of critical minerals in India Aarti Drugs to consider buyback of equity shares on Aug 26 Transport Corporation of India to consider buyback of equity shares on Aug 24 Nifty rose for the fifth consecutive session on August 21 to close at 24770 with a gain of 71 points or 0.29%. Short term trend remains bullish for the Nifty and existing longs can be held with the stop loss of 24500 levels. On the higher side 24950-25078 is likely to act as a resistance.
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🚀 EQAI Morning Briefing - September 24th 🌞 | EquityAI Here’s a quick roundup of today’s key market insights: 🏠 Housing Market: Home prices rose 5.9% year-on-year in July, according to the Case-Shiller Index. Despite some slowing growth, the housing market continues to show resilience. 🏡📈 💊 Novo Nordisk ($NVO) CEO will address concerns over the high prices of Ozempic and Wegovy in a congressional hearing, reigniting the debate on drug pricing. 💼⚖️ 📉 Fed Governor Michelle Bowman warns that inflation risks remain, despite recent signs of improvement in the economy. 🏦📊 🎵 TikTok Music is shutting down after failing to renew its contract with Universal Music Group ($UMG.AS), highlighting the challenges of digital media licensing. 📱🎶 🛒 Walmart ($WMT) stock is climbing towards a record high, driven by growing market-share gains and bullish analyst sentiment. 📈 💥 Oil Prices jumped 2% following China’s stimulus announcement, impacting global markets as the world’s largest crude importer takes action. 🌍🛢️ 📉 AutoZone ($AZO) stock fell after missing profit expectations, despite a rise in sales. 🚗💼 📈 Biogen ($BIIB) shares rose 2% following positive trial results for its lupus treatment, giving a boost to the stock. 🧬📊 Stay ahead with EQAI for the latest financial updates and market insights! 🚀 #Finance #HousingMarket #NovoNordisk #Walmart #OilPrices #TikTok #AutoZone #Biogen #MarketUpdates #StockMarket #AI
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Internet | eCommerce Sector - Eric Wen We estimate that China’s total time spent consuming short video grew by CAGR 42.4% over the past four years, driven by both increasing penetration (CAGR ~12%) and increasing time spent watching per user (CAGR ~27%). However, we believe both growth drivers are approaching their upper bounds: (1) Short video penetration reached 95% in 2022 and was unchanged in 2023 (Source: CNNIC); (2) Time spent watching short video consumed 52% of the average netizens online time in 2022, which was unchanged in 2023, we estimate. We expect China’s total short video watch time to grow at CAGR 6.1% between 2023-2027, mainly driven by displacement of older media types (i.e., long-form video, text-based articles). Read full story here: https://buff.ly/3uu5A5W For more information on our #internet product, and other Aletheia Capital research, please contact info@aletheia-capital.com #investments #advisory #ideas #fintech #InYourCorner
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Boasting a staggering 928 Million internet users, #NewIndia has emerged as a global powerhouse in the online marketplace, solidifying its position as a hotspot for investment in the #retail & #ecommerce sector. Explore the exciting investment avenues here: https://lnkd.in/fPTWpcx #InvestInIndia #InvestIndia #DigitalIndia Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog
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The Indian stock market is on the cusp of a technological revolution, poised for a transformative journey in the coming years. Let us delve into the dynamics shaping this market segment, which is being redefined by a confluence of digitalization, AI integration and regulatory advancements. 🤖 𝗔𝗿𝘁𝗶𝗳𝗶𝗰𝗶𝗮𝗹 𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲: 𝗧𝗵𝗲 𝗡𝗲𝘄 𝗙𝗿𝗼𝗻𝘁𝗶𝗲𝗿 Artificial Intelligence (AI) is emerging as a formidable force in stock trading. By leveraging AI for data analysis, investors are gaining a competitive edge and transforming traditional investment strategies. AI's role in predictive analytics is also becoming indispensable as it empowers investors to anticipate market movements with greater accuracy. 💻 𝗔𝗹𝗴𝗼𝗿𝗶𝘁𝗵𝗺𝗶𝗰 𝗧𝗿𝗮𝗱𝗶𝗻𝗴: 𝗧𝗵𝗲 𝗗𝗮𝘄𝗻 𝗼𝗳 𝗮 𝗡𝗲𝘄 𝗘𝗿𝗮 Algorithmic trading, powered by advanced AI algorithms, has emerged as a game-changer for retail traders. By processing vast datasets and executing trades with unparalleled speed, these algorithms are reducing costs and improving market liquidity. This trend is a testament to the market's adaptability and innovation in embracing new technologies. 💰 𝗣𝗶𝗼𝗻𝗲𝗲𝗿𝗶𝗻𝗴 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝘄𝗶𝘁𝗵 𝗚𝗿𝗲𝗲𝗻 𝗕𝗼𝗻𝗱𝘀 In a significant move towards sustainable investing, the Indian market has embraced Green Bonds. With over $43 billion raised through these bonds, the market is aligning investments with environmental responsibility. This initiative reflects the growing global trend towards sustainable and socially responsible investing practices. 💸 𝗗𝗲𝗺𝗼𝗰𝗿𝗮𝘁𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 Another significant innovation in the Indian stock market is the democratization of investments. Technology has broken down geographical barriers and enabled investors from remote locations to participate actively in the markets. This expansion of borders enriches the market with diverse investment perspectives and contributes to a more dynamic and resilient financial ecosystem. As we enter the new year, the Indian stock market is also entering a new epoch characterized by digitalization, AI and forward-thinking regulatory measures. These innovations are transforming the market and making it more accessible, efficient, and transparent — thereby shaping a brighter future for investors. #IndianStockMarket #StockMarket #StockMarketInnovations #AndekhaSach #AlgoTrading
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2moHello sir Already joined with Karan kabra sir