- Wealth PMS (50L+)
The bigger green columns as against the red ones clearly indicate the euphoria of the market. Bajaj twins had a great week on account of reporting strong earnings. Tata Steel stock had a 1:10 split which acted as a catalyst to boost the stock price in an already strong market. On the losers’ side, Dr. Reddy’s again tops the list just like last week – the stock is down 12% since the last year.
USDINR cooled off a bit after hitting a record high last week. Key commodities – Crude, Gold, and silver were all up this week along with the equity markets. On a macro level, here’s how the key markers have performed over the week.
The market is not as cheap as it was a week back, but it’s not overheated either. The Sensex PE ratio, in comparison to the long term range, indicates that the Sensex 30 is at an attractive level to buy into.
We do a weekly show with Deepak Shenoy where we talk about markets, finance, and investing. A candid conversation to wrap up the week and a chance to interact with you all. Join in, every Friday, at 4 PM on YouTube.
Here’s our latest episode (aired yesterday) where we talk about a host of topics – Weekly market review, has the market made the bottom?, have interest rates peaked?, Capitalmind PMS, Capex revival in the markets, the troubles with Zomato, and much more.
Listen in. And, don’t forget to leave a comment.
⭐️ Exclusive Research – We write for you to invest better, not for advertisements.
⭐️ Model Portfolios – Ready to invest portfolios with diverse themes. Take your pick.
⭐️ Member Community – Engage with 2000+ individuals with similar interests. Ideate, Collaborate, Grow.