Mitesh_Nifty

WELCOME TO THE WEEKLY BLOG ON INDIAN EQUITIES MARKETS IMPORTANT CLOSE FOR THE WEEK GONE BY (Domestic Markets): Nifty50 17558.90 -1.12% Sensex 58833.87 -1.36% Nifty Bank 38987.15 +0.00% India VIX 18.21 -0.38% USD INR 79.96 +0.07% Crude Oil 93.06 +2.90% Gold 51238 -0.47% Silver 54780 -1.29% IMPORTANT CLOSE FOR THE WEEK GONE BY (International Markets): Dow Jones 32263 -4.28% Nasdaq 12620 -4.88% FII / DII Data for the WEEK, Net Purchase / Sales in Rs. Crores Foreign Institutional Investors (FII) +450.36 Domestic Institutional Investors (DII) - 503.33 As mentioned in the previous weekly blog, The INDEXES were expected to remai...

  WELCOME TO THE WEEKLY BLOG ON INDIAN EQUITIES MARKETS

WELCOME TO THE WEEKLY BLOG ON INDIAN EQUITIES MARKETS Important Weekly Closes: PARTICULARS WEEKLY CLOSE % CHANGE Sensex 58387.93 +1.42% Nifty50 17397.50    +1.39% Bank Nifty 37920.60 +1.14% Gold 51874.00 +0.87% Silver 57364.00 -1.72% Crude Oil 89.01 Usd/Bl     -9.74% USDINR 79.354 +0.17%             RBI Policy: Dated 06.08.2022 RBI increased the Indian Headline Policy Repo Rate by 50 basis points (0.5%) from 4.9% to 5.4% The rate hike was in-line with the street expectations and the Repo rate now at a 3-year high. GDP growth is retained at 7.2% Impact of Repo Rate Hike: For Consumers, the cost of Borrowing goes up (Usually EMI’s on Car, Houses, etc). Subsequent...