Decent Bounce off, but Infy and pharma stocks weigh down the index.
Summary: Last week I wrote: “we may see temporary bounce soon”, that is precisely what happened from Monday to Wednesday, Thursday was more or less flat, but on Friday selling resumed, attributed to Infosys, stock was being hammered approx 10% in a day on back of the...Key Support Level Lost, Selling Intensified.
Current Outlook: Broader market including major benchmark indices Nifty50, sensex and banknifty and across the sectors like pharma, banking, auto and capital good witnessed a steep sell off in last week since 7-Aug to 11-Aug. It was the worst week of the year for the...
Hedging Techniques for Uncertain Times
Geo political issues keeps arising in global arena time to time. Nobody can certainly predict the quantum of severity and impact and more importantly the time it takes to settle down. To to minimize impact portfolio or position certain hedging techniques are used.