Day Trading Stocks & Futures

Yeah, look at EPI intradingview. High of around 30 since 2008. So what index gave, dollar took away...
S&P more than doubled in same time. In 2000 decade, S&P was like this and stuck at 2000 highs.

Does not matter as much for trading, but maybe these kind of super cycles might shift the behaviour of markets ..
No, I meant that the Dollex is moving as per the Sensex despite USDINR fluctuations.

So, the investor who thinks in dollars (NRI etc) has also gotten equal returns.
 
No, I meant that the Dollex is moving as per the Sensex despite USDINR fluctuations.

So, the investor who thinks in dollars (NRI etc) has also gotten equal returns.
USD moving up means our holdings in rupees, including MF/indices etc are losing value. So index moved up but USD also moved up, so net returns in dollar was not as much. Someone who invested in EPI, which is listed in US and is in USD, only saw wide up and down movement last decade.
https://www.wisdomtree.com/etfs/equity/epi
 
USD moving up means our holdings in rupees, including MF/indices etc are losing value. So index moved up but USD also moved up, so net returns in dollar was not as much. Someone who invested in EPI, which is listed in US and is in USD, only saw wide up and down movement last decade.
https://www.wisdomtree.com/etfs/equity/epi
Then perhaps EPI index uses scrips different than the Sensex.
 

Similar threads