Founder - Burn Inves... • 5m
If we look at the last 30 days' return of the Nifty 50, we are closing this month at -2.5% just before the budget with only one day left. Let's see what happens, but overall, the market might give a negative return. Now everything depends on the budget and what the government is planning. CAPEX is important, the repo rate cut is important, and banking liquidity is also important. Thinking about inflation alone won't help now, growth is needed.
We're gonna extinct ... • 1y
OI trends! ⚠️ In the money put removed! Nifty strong above 22000. Deep In the money Call removed. 22500 still a strong resistance! Above it is strong support! 23k - 23.5k this is max nifty can go It's a sell on rise! And building position in under
See MoreFounder - Burn Inves... • 5m
Now the market just needs to sustain above 22800 and wait for the budget. The valuation of Nifty small cap and midcap is still very high despite the significant fall in all the stocks. There could be more correction in mid and small caps, but if Nift
See MoreFounder - Burn Inves... • 5m
This year's budget, despite some shortcomings, has been good from certain angles. The government seems to be focusing on private capital expenditure (CAPEX), and the message is clear. There has been income tax relief as well, so the message to boost
See MorePursuing CMA. Talks... • 5m
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years. What is the repo rate? It’s the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans
See MoreFounder - Burn Inves... • 5m
I'm not an economist, but I think we should now shift some of our focus from government CAPEX to private CAPEX. My hope is that the upcoming budget will address this. India cannot sustain its economy solely on government spending forever; private pla
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