Nifty may aim to end the week with a bang amidst 5-positive catalysts:

# The 5-positive catalysts this Friday morning:

1) Moody’s raises India’s 2024 GDP growth forecast to 7.2% in 2024, 6.8% in 2025

2) Sentiments buoyed after Mukesh Ambani unveils new AI-led road-ahead for Reliance Industries. RIL to Consider 1:1 Bonus Issue in Board Meeting on September 5th

3) FIIs post a handsome buy figure in yesterday’s session to the tune of Rupees 3260 crores.

4) Strong positive global cues. (The overnight strong gains at Wall Street were despite Nvidia shares falling nearly 4%, similar to the drop witnessed in Wednesday’s trade, despite posting strong quarterly results and an optimistic sales outlook).

5) Upbeat US GDP data: The US economy grew 3% in Q2, faster than initially thought, easing recession fears.

 

Trader Premium Services

 

*RISK DISCLOSURES ON DERIVATIVES:*

# 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.

# On an average, loss makers registered net trading loss close to 50,000.

# Over and above the net trading losses incurred, loss makers expended an additional 28%of net trading losses as transaction costs.

# Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments.

🇮🇳 🇮🇳 🙏🏻

 

 

More Posts

Open chat
1
LotusFunds
Hello 👋
Can we help you?