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Silver is an integral part of many green technologies. Since the world is moving towards a green economy, investment in decarbonization and electrification continues to grow. It is largely used in renewable energy solutions, especially in photovoltaic industries. Silver loadings are used in electric vehicles as well. These new and emerging applications are offering structural support to the metal.

“The biggest challenge is something that perhaps most people have not touched upon. It is the fact that some time in the next few years, we will have to do the delimitation of seats to the Lok Sabha. We are stuck at 543 seats based on the 1971 census that the population distribution has changed dramatically.”

Around 90% of international trade uses the US dollar as invoicing currency, making it one of the most powerful currencies in the world. This, in turn, gives the US Federal Reserve a prominent position in the financial markets.

“We cannot be a developed country if the bottom 40% of our population is excluded from financial services. The digital world, responsible use of data for cross selling will allow us this access to the bottom 40%; otherwise we will all only end up lending to ensuring and managing investments of the top 60%”

“Facing adversity with a sense of reality was something Rakesh Jhunjhunwala always believed in. How to admit reality and change your view with courage and conviction is a very great quality that he had and he was always a learner. You cannot get wise without being a learner, luck is not enough.”

Nifty futures open interest remained low near 1 crore shares and only marginal additions of long positions were seen last week. With subdued OI, a sharp move seems unlikely. On the other hand, banking space has seen significant long accumulation which has been the driver of recent up move in Nifty.

We changed the market status to a Rally Attempt (on June 21) as the Nifty50 managed to stay above its day one low for two consecutive sessions. On July 18, the index closed 1.43% higher on volume higher than the previous session.

The most recent instance of this dynamic is during the early stages of the Covid 19 pandemic. The pandemic outbreak in the early 2020s caused a horrifyingly rapid and massive decline in economic activity which was aided by the sharpest stock market decline ever. The Fed reacted by slicing rates as low as they go with increased quantitative easing, and then the economy and stocks arrived storming back.

Many traders use an absolute stop loss, just like the one in the example above where the stop loss per trade is Rs 5,000. However, many professional traders prefer to place the stop loss at a point where the premise of taking the trade changes.

With softening commodity prices and rising consumption, analysts expect the overall corporate performance to improve in the second half of the fiscal year. The aggregate revenue of a sample of 2,638 listed companies, excluding banking and finance firms, increased by a four-quarter high of 41.5% on-year in April-June. But growth in net profit was at a four-quarter low of 15.1%