LGT Wealth India

Month: November 2023

Daily Market Beat – November 30, 2023

Indian equity markets rose for the third consecutive day amid volatility due to monthlyfutures and options expiry. The rising expectation of a peak in interest rates in the U.S.coupled with the anticipation of upbeat second-quarter GDP data of domestic economy,contributed to an increase in sentiment.

Daily Market Beat – November 29, 2023

ndian equity markets rose with significant gains following the positive global cues.Markets witnessed a widespread buying across the sectors on the back of expectationsthat the U.S. Federal Reserve would start cutting interest rates sooner than previouslyanticipated. Sentiments were boosted after a member of the U.S. Federal Reserve Board ofGovernors stated that the central bank might …

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Daily Market Beat – November 28, 2023

Indian equity markets snapped the two-day losing streak and closed in green despitehaving weak global cues. The benchmark indices moved in a narrow range for the most ofthe session, but last-hour buying allowed the markets to post decent gains. Net buying inequity markets by both foreign institutional investors and domestic institutional investorsadded to the gains. …

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Daily Market Beat – November 27, 2023

Indian equity markets closed with minor losses for the second consecutive day amidmixed global cues. Benchmark indices remained range-bound throughout the dayweighed down by a slide in information technology and fast-moving consumer goodsstocks. Sentiments were weakened by a slight increase in global bond rates. However,lower global crude oil prices restricted the losses

The changing role of Family Offices: Shifting from wealth preservation to empowering wealth

Having created wealth through their business or professions, HNI’s have all the bragging rights on knowing how to make money. back to Market Vault The changing role of Family Offices: Shifting from wealth preservation to empowering wealth ET Markets, 23rd November 2023 The financial mindset of Indian families has changed over the last few decades. Two …

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Daily Market Beat – November 23, 2023

Indian equity markets gave up the early gains and closed with minor losses dragged downby sell-off in information technology and healthcare stocks. Investors looking ahead forthe upcoming economic events for further insights on the rate hike path. Meanwhile, easein geopolitical concerns followed by the agreement to a ceasefire coupled with decline inoil prices in the …

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Daily Market Beat – November 22, 2023

Indian equity markets closed with mild gains amid mixed global cues supported by gainsin select index heavyweights. The benchmark indices remained volatile wherein weaknessin banking sector continued to weigh on the sentiment. Profit booking was witnessed inthe broader markets as investors turned their attention to the primary market, which washighlighted by a number of initial …

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Daily Market Beat – November 21, 2023

Indian equity markets snapped the two-day losing streak and closed with decent gainsdue to strong buying in select index heavyweights. Gains were extended following thedovish comment from U.S. Federal Reserve supported by fall in consumer inflationcoupled with the recent cooling job data in U.S. which led the foundation of early rate cutby U.S. central bank.

Daily Market Beat – November 20, 2023

Indian equity markets moved downwards for the second successive days as rise of oilprices in the global markets weighed on the market sentiment. Geopolitical uncertaintiesand constant FII outflows also added to the losses. However, assurance by Chineseofficials to implement additional stimulus measures for the nation’s struggling real estatesector and dovish comments from the U.S. Federal …

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Daily Market Beat – November 17, 2023

Indian equity markets settled lower as key benchmark indices were dragged down bybanking sector. Banking stocks witnessed selling pressure amid concerns over thesector’s loan growth and profitability after the RBI tightened regulations for personal loansand credit cards. However, broader markets outperformed the benchmark indicesfollowing strong domestic macroeconomic data.