Market Updates - Angel One

As trading commenced on Friday the 13th, the looming fears of the Coronavirus pandemic bundled with various other factors made the Nifty nosedive 10% to 8,624 and the Sensex crash by 9.4% to 29,687, resulting in a nation wide trading-halt for the first time in 12 years. What followed in line for the next few …

Yes Bank’s announcement earlier this month of  a record loss of over Rs. 18, 500 in the quarter ending on 31 December, 2020, resulted in the bank being placed under moratorium by the Reserve Bank of India. During this time, the bank suspended a lot of its activities and depositors were not allowed to withdraw …

This 28th of February recorded one of the worst Indian stock market crashes within a single day wiping away approximately ₹5 crores in investor funds. This major drop was influenced by the global scare of the novel coronavirus, officially known as COVID-19, turning into a pandemic. There was a 3.5% drop in Indian indices which is …

What is a Fibonacci Retracement? As Fibonacci’s famous numbers are expressed in nature very often, traders commonly believe that they influence the financial market as well. One widely employed trading tool among experienced investors is a Fibonacci retracement. A Fibonacci retracement is a series of horizontal lines on a stock chart conceived using the ratios from the numbers …

India’s Stalling Economy in 2019 India’s GDP growth has decelerated for the last 8 months. However, experts would argue that it’s been slowing down since the middle of 2018. In the April to June quarter of 2019, growth in India’s GDP grew by 5%. This number had been anticipated by experts as India’s economic growth has …

With the evolution of the capital markets, new ideas and strategies are reaching Indian shores. The acceptance of fresh ideas leads to the emergence of new investment strategies, which eventually result in new financial products. The latest idea to gain traction in Indian investing circles is thematic investing. However, thematic investing in India is yet to gain …

While the bond markets had factored another rate hike during calendar year 2018, they had really not bargained for two rate hikes in succession. But, that is exactly what the Monetary Policy Committee (MPC) did on August 01st. After a 2-day meeting, the MPC decided to effect the second 25 basis point hike in the …

On July 01st 2018 the Goods and Services Tax (GST) completed 1 full year of implementation. A total of 28 meetings of the GST Council meetings were held till date and a plethora of changes have been made to the GST Act. There are modifications with respect to rates (in fact a little too often), …

The best gauge of economic worries in any country is the bond yields. When bond yields move up sharply in a very short time, then it is a signal that the country is going to print a lot more of currency and that is going to lead to higher inflation. US bond yields are up …

From the time the minutes of the last monetary policy were announced in the third week of April 2018, the bond yields on the 10-year benchmark have gone up sharply and are now inching closer to the 8% mark. There are two explanations for this sharp rise in bond yields. Firstly, the higher inflation implication …