General Trading Chat

brokenbull

Well-Known Member
1676179679855.png

US Bond yields surged up. USD higher US FED has indicated another two 0.25% hikes in the next 2 meetings. India RBI is stingy with rate hikes (0.25% ) saying growth has to be prortected. So $:₹ will trade weaker only as interest rate gap with USD is quite compressed relative to 9 months interest rate hikes by US FED: RBI. Buy any deep dive and sell the surge Trading market for index (NIFTYBEE/BANKBEE) .indivual stock say Ambuja cements ,Adani ports ,Adani Enterprises though beaten up still pricey. next 1 year no rate cut basis corporate debt servicing is goint to make anaemic profit growth. Consumers have to tighten belt (only essentials). so disappointing unit volume growth .
 
View attachment 48834
US Bond yields surged up. USD higher US FED has indicated another two 0.25% hikes in the next 2 meetings. India RBI is stingy with rate hikes (0.25% ) saying growth has to be prortected. So $:₹ will trade weaker only as interest rate gap with USD is quite compressed relative to 9 months interest rate hikes by US FED: RBI. Buy any deep dive and sell the surge Trading market for index (NIFTYBEE/BANKBEE) .indivual stock say Ambuja cements ,Adani ports ,Adani Enterprises though beaten up still pricey. next 1 year no rate cut basis corporate debt servicing is goint to make anaemic profit growth. Consumers have to tighten belt (only essentials). so disappointing unit volume growth .
Superb observations.
 

Raj232

Well-Known Member
My bet is on the Pharma Sector :
Pharma sector gets Budget boost as FM announces programme to promote R&D

Budget 2023: Boosting the Pharmaceutical Sector

According to the EY FICCI Report, the Indian pharmaceutical market is anticipated to reach $130 billion in value by the end of 2023

Pharma has bottomed out and likely to zoom up in either/ both cases:
1. No economic recovery,
2. Boom in economy

However time frame is 3 months - 12 months.. maybe a bit longer too..
 

Similar threads