From the Editors Desk- Market Tomorrow -27th July 2021

 Markets waiting for 16000 New Highs as earnings are lined up globally and sentiments might pull the figures up

The new highs of Global markets and India are acceptable to post drop of Covid-19 and easy money stimulus game. Those waiting for correction well let the interest rates climb the story will unfold post the same 

 Major U.S Big tech giants Apple, Alphabet and Microsoft is all set to report on Tuesday, and Google, Facebook, and Amazon will also report later in the week.

The good numbers will scale new highs for the Dow Jones and S&P 500 which could be bet to get into the trap of the unchartered territory of erratic profits.

In between the U.S Fed well expected accommodative stance is going to be heard Federal Reserve’s two-day policy meeting, beginning Tuesday.

The U.S GDP numbers would spook the market up for the Q2.

Hence the week is mostly governed by the U.S and macroeconomic numbers and earning numbers across the globe.

The market is in search of a new trigger. Back at home quality Blue-chips results will guide the markets but the search of valuation and price justification is just getting amplified.

Our Expiry and rollover will keep markets flat but will wait for the triggers to play the dice.

The bitcoin fever seems to get back with Elon Masak riding the horse. Millennials will be searching for short term quick buck games. 

Coming to Investments well buy quality ones as stock-specific movements will give investments options. STP and SIP format in MF and direct equities are best suited.

Rebalancing asset allocation should be done but not pulling out from long term investments based on short term gains. 

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From the Editors Desk- Market This week ( 26th July to 30th July 2021)

Nifty Might cross 16000 levels this week as megastar Results are to be out at the same time volatility and downside cannot be ruled out.

 But before that results in performance impact cannot be ruled for some buying opportunity

We have an expiry week in the market and rollovers will decide the direction of the market for the next month and how much is betted on the same.

On the other hand, the many macroeconomic results will come up this week which will decide the directions of the global markets.

As 1st quarter results of India will be coming out stock-specific movements will be witnessed which cannot be ruled out.

FPIs pull out so far Rs 5,689 cr from Indian equities in July but still the market did not correct massively since domestic inflows and IPO markets are keeping the market afloat.

The delta virus and its impact is to be accessed which will guide the markets going ahead. The U.S markets and Eurozone will be keenly watched and the markets might remain volatile.

Investors would also keenly track the US Fed interest rate decision and its outlook.

Global consumer confidence reports followed with GDP numbers would direct the markets to new highs as we know that Q2 has been a recovery quarter and growth for the developed economies.

The markets will take cues from every corner to find the pace of growth and its direction.   Vaccination and delta impact will be a key factor to decide the directions of the market in the coming months

Invest in STP or SIP format and sitting on cash will be a mistake since there are ample reasons for the markets to grow and scale new highs. Hence invest with a long term mindset and based on your risk profile and don’t void the asset allocation rules.

 Avoid taking biased bets and short term views on the market and invest for long term wealth creation.

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