Welcome to the weekly trading diary, a thread for discussing your trades, strategies, ideas, news, stories, etc.
Things to watch out for in the coming week;
27th March | 28th March | 29th March | 30th March | 31st March | ||||
---|---|---|---|---|---|---|---|---|
US | Consumer Confidence (MAR) | US | Crude Oil Inventories | US | GDP Growth (Q4CY22) | India | Infrastructure Output | |
Pending Home Sales (FEB) | Jobless Claims | Japan | Retail Sales (FEB) | |||||
Industrial Production (FEB) | ||||||||
China | Manufacturing PMI (MAR) | |||||||
Non-Manufacturing PMI (MAR) | ||||||||
Chinese Composite PMMI (MAR) | ||||||||
UK | GDP Growth (Q4CY22) | |||||||
Eurozone | CPI Inflation (FEB) |
Benchmark indices fell from day’s highs but managed to close marginally higher. Dow and Nasdaq futures point to a good start for US markets.
Brent Crude: 75.47 1.32%
USD INR Spot: 82.3558 0.14%
India 10Y Bond yield: 7.308 -0.14%
Nifty 50 market breadth for the day;
Sectoral performance.
More stats at: stocks.zerodha.com
Amongst the F&O stocks
Biocon was the top gainer.
Indian Energy Exchange was the top loser.
News
The board of directors of HDFC approved plans to raise a further Rs 57,000 crore through the issuing of NCDs in numerous tranches ahead of the merger with HDFC Bank.
Life Insurance Corporation of India (LIC) intends to invest a record Rs 2.4 lakh crore in various markets, including domestic shares, in 2023-24. LIC may allocate up to Rs 85,000 crore, or 35% of the total investment, in shares of listed Indian companies.
Lupin Ltd’s generic valbenazine capsules received tentative USFDA approval to treat involuntary movements, with estimated annual sales of USD 1,235 million as per IQVIA MAT Dec 2022 data. Stock rose 3%.
According to the FDIC, First Citizens Bank & Trust Co will buy all of Silicon Valley Bank’s deposits and loans for $500 million.