Time and again, we've been referring to how Nifty50 has been displaying more resilience compared to its international counterparts. While the Indian markets have come under heavy pressure this week, global markets have been reeling under that pressure for longer.
So today, we're here to provide a perspective of where the global indices are, just to get an idea of the kind of market environment we're in.
The bears are getting creative with their theories.
You notice?
And there are a lot of bears out there. More than we've seen in a long, long time depending on how exactly you're counting them.
So the big question is whether we've seen A bottom or if we've seen THE bottom.
And the truth is no one knows until after the fact.
All we can do is continue to collect the data as it comes in and make the best decisions with incomplete information.
The first thing that needs to happen before stocks can go up, is that they need to stop going down.
That's just math.
And what's interesting is that with lower lows in the price of most major U.S. Indexes a couple of weeks ago, fewer stocks were actually able to make new lows....
As we progress into Q1 of Fiscal Year 2022-2023, this playbook outlines our thoughts on every asset class and our plan to profit.
This playbook will cover our macro view, touching on Equities, Commodities, Currencies, and Rates, as well as outline our views on the major nifty indices and the sector/thematic indices.
We also cover individual stocks we want to be buying to take advantage of the themes discussed in the playbook.
