Market Reality
India's equity markets, long buoyed by strong economic growth and rising corporate earnings, are now facing a sharp and prolonged correction.
India's equity markets, long buoyed by strong economic growth and rising corporate earnings, are now facing a sharp and prolonged correction.
The prices of two popular varieties of potatoes namely “Jyoti” and “Chandramukhi” are substantially high in the retail market with the rates ranging between Rs 35 and Rs 42 a kilogram.
An expo to showcase the pharmaceutical industry’s modernisation, innovation, and sustainability will be held in Greater Noida from November 26 to 28.
The Indian stock markets closed flat on Monday as selling was seen in the auto, pharma, FMCG, and metal sectors.
Markets lost on the first four days of the week and extended losses for five consecutive days before a complete turnaround happened on Friday, which was the first day of the August futures series.
Coming to the markets in the week ahead, as mentioned earlier, it would be a four-day week. Momentum and market breadth are in favour of the bulls, and there seems to be no letting go of them as of now.
Markets are expected to consolidate in the near term as investors focus on Q4 earnings season.
Markets have a mind of their own and the five trading sessions last week were of a different kind. How markets change colour almost every day, just beats me.
Markets in the week gone by were driven by fear, war-mongering and panic. Of course, all of this leads to extreme volatility and sharp two-sided moves.
Markets will continue to focus on the earnings season and global cues in the upcoming week.
