India: Amongst Top 5 in Equity Market Capitalisation

India’s equity market has broken into the world’s Top 5 club in terms of market capitalisation . The country’s total market cap stands at $3.21 trillion, which is higher than that of the UK ($3.19 trillion), Saudi Arabia ($3.18 trillion), and Canada ($3.18 trillion).More

Highlights of Economic Survey 2022

Visible change in highway infrastructure in a decade. Dramatic rise in air connectivity in 5 years Jal Jeevan Mission making big strides Bank credit is finally picking up. Rising GST Collections UPI on a high… Statistical dip. GDP growth for 2021-22 moves down to 8.8% from 9.2% on the revised base of 2020-21 released by…More

24 Jan 22, What a day!!

What a day!!! Nifty -2.86%Bank Nifty -1.97%Midcap -4.06%Small caps -4.78%Nifty 500 -3.26% Worst sectors: Real Estate -6.40% & then Metals -5.4%More

COVID : The rise and fall in markets…

Lets go back to the start of the COVID crises; Businesses suffered huge losses People started losing their jobs Demand for everything dropped (low inflation) & The economy was at a standstill.What could have been done to revive the economy? As a central bank, the easiest way to ride through a crises of Low demand/inflation…More

Sell off in Nasdaq

Dow is down 7% from the topNasdaq is down 15% Deep cuts. Brutal selloff #NASDAQ100, one year returns are down to just 2.5% This is despite Microsoft and Alphabet still being up 35-40% Selloff in the broader markets has been much more severe At 12% down this is the worst ever January for Nasdaq. 42%…More