LGT Wealth India

validuswealth IT App

Daily Market Beat – September 27, 2023

Indian equity markets closed higher after six days of losing streak. Market opened on a negative note tracking weak global cues as U.S. treasury yields reached the highest level since 2007. However, market rose in the second half on strong domestic macro economic factors and positive trend in Asian markets.

Daily Market Beat – September 26, 2023

Indian equity markets closed on a muted note as foreign funds continue their selling over fear on US Federal Reserve hawkish commentary which implicates that global interest rates would stay higher for longer. However, bargain hunting from domestic participants restricted the losses.

Daily Market Beat – September 25, 2023

Indian equity markets closed flat amid high volatility. Markets witnessed marginal gains on bargain hunting. However, broader market sentiment remained subdued on worries that a prolonged period of high interest rates may lead to sluggish economic growth. over the global interest rate outlook also weighed on the market sentiment.

Daily Market Beat – September 22, 2023

Indian equity markets fell amid weak global cues as rise in U.S. Treasury yields and global crude oil prices weighed on investor’s sentiments. However, inclusion of Indian bonds in the JP Morgan’s Emerging Market index restricted the losses.

Daily Market Beat – September 13, 2023

Indian equity markets continued the winning rally as strong buying in banking, energy and telecom stocks helped to shrugged off weak global cues. Encouraging macroeconomic data including India’s consumer price inflation data eased and industrial production hit afive-month high in July, helped to underpin the market sentiments. Investors looking ahead to the U.S. inflation data …

Daily Market Beat – September 13, 2023 Read More »