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For those who are new to this subject, technical indicators are based on mathematical calculations and are broadly divided into two categories: overlays and oscillators.

One stock in the Nifty has finally taken leadership, which is Reliance Industries. The largest weight in the Nifty has finally given a short-term breakout. The rest of the names like HDFC, HDFC Bank and ICICI, Kotak, etc, even the IT pack is still trendless and we are not seeing any momentum over there

There are many events lined up in the first week of the series now like the FED meeting, possible rate hikes, our domestic events of the RBI meet, and of course the war crisis.

Crude oil prices have recently fallen substantially from their peak which will help to reduce the current fiscal deficit. The easing commodity prices bode well for the nation as it will help to lower inflation and assist corporations to reduce their input costs, thereby improving their margins and earnings profitability. Further, the supply side challenges are gradually resolving and the worst seems to be behind for the India Inc. margins trajectory.

As per the World Bank report, global energy prices will continue to decline in 2023. The bank predicts a 11 percent decline in demand for next year after this year’s 60 percent surge due to Russia-Ukraine tensions. Slower global growth and Covid related restrictions in China could lead to a deeper fall in demand in the coming year.

Even though we are the best performing market, FIIs’ risk appetite is expected to come down when the US Fed hikes interest rate. Hence, they are likely to reduce their risk exposure in emerging markets. The trend will reverse as soon as the Fed signals the interest rate has peaked or inflation has peaked in US.

The S&P 500 was on pace to end the week with a gain of over 3%, as investors shrugged off brutal earnings reports from companies such as Amazon, Microsoft, Google parent Alphabet and Facebook parent Meta Platforms .

“As seen in market upcycle, mid and smallcap stocks tend to outperform largecaps. Based on expectation of Nifty 50 creating a new high, we can expect this to translate into broader market outperformance as well..” said Vivek Goel, co-founder and joint MD at Tailwind Financial Services.

Health is a sense of comfort and being at ease; i.e. not having any disease. While most health parameters can be measured, fitness is a pure number-driven thing; such as being able to run a half marathon under say, two hours.

The central banks wrongly presumed that the rising prices were transitory. They forecasted that inflation would fade as the economy opened, bringing supplies.