🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Rohan Saha

Founder - Burn Inves... • 2m

Even though the market fell today, our MMI index still jumped from 64 to 67 it's now just a few points away from the 'extreme greed' zone. I have a feeling that even a small move in the Indian market could trigger a noticeable shift in the MMI, especially since gold buying is picking up fast. Gold had a big rally today, and since gold buying is part of the MMI calculation, that’s definitely playing a role. Overall, I think the market will stay sideways for a bit maybe for a few days or at least until tomorrow depending on what the Fed announces. Personally, I don’t think the Fed will cut rates just yet, at least not until there’s more clarity on the tariff situation.

Reply
6

More like this

Recommendations from Medial

Image Description
Image Description

Rohan Saha

Founder - Burn Inves... • 29d

Looking at today’s MMI it seems pretty clear that even if the market does correct it probably won’t be a major drop we might just see a small dip enough to bring valuations to a reasonable level and then the market could bounce back Yesterday the MMI

See More
1 Reply
8
1
Image Description

Rohan Saha

Founder - Burn Inves... • 5m

The way gold has been surging for the past few days, it seems like a healthy correction might occur in the gold market in the coming days.

2 Replies
1
11
Image Description
Image Description

Rohan Saha

Founder - Burn Inves... • 8m

A few days ago, I removed silver and gold from my portfolio with some profit. As soon as I did, the market crashed the next day, and gold and silver became 5-6% more expensive 🥹. Today, seeing the prices, tears came to my eyes 🥹

6 Replies
10
Image Description

RootDotAi

From the ROOT to the... • 1y

Here's a Summary of the FED decision on March 20, 2024: 1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting. 2. The Fed maintains its anticipation of three interest rate reductions in 2024. 3. The proje

See More
2 Replies
1
6
Image Description
Image Description

Rohan Saha

Founder - Burn Inves... • 2m

Hey, don’t you guys think that Donald Trump is making the US economy even worse with his actions? Now he's even talking about removing the Fed chairman. The Fed is supposed to be an independent body, but he wants to control it. That’s why the US mark

See More
5 Replies
1
12

Rohan Saha

Founder - Burn Inves... • 3d

As the dollar got stronger gold dropped quite a bit today it's already down more than 1%

Reply
2
Image Description
Image Description

Priyant Dhrangdhariya

Head of Finance @ Th... • 1y

India’s Gold Loan Market: A Glittering Opportunity The Sparkling Growth: Bajaj Finserv Ltd., a diversified NBFC, predicts India’s gold loan market—valued at $55.52 billion in 2022—will soar to $124.45 billion by 2029. A 12.22% annual growth fuels t

See More
3 Replies
8
Image Description

Rohan Saha

Founder - Burn Inves... • 28d

With the tensions rising in the middle east gold has been on a solid run the market might feel a bit shaky for a few days but honestly i see this as a great chance to pick up some good opportunities in certain sectors.

2 Replies
6
Image Description
Image Description

Rohan Saha

Founder - Burn Inves... • 1m

LIC saw its highest trading volume ever since it got listed on the stock market. On the NSE alone, over 2.28 crore shares changed hands today.

4 Replies
7
Image Description

param siddh

@paramsiddh • 4m

Why gold going high????? Only 1 kg of gold is real, but 131 kg of gold is being traded in the market. In the same way, gold has been artificially dumped so that central banks prefer dollars over gold. Now central banks buying gold instead of dollar.

See More
3 Replies
2
11

Download the medial app to read full posts, comements and news.