Current Market Status
While major global markets are down 10-12% YTD, the Nifty 50 has managed to deliver ~4% returns. In December so far, Indian markets have seen net FII selling of Rs. 2,026 crore while DIIs have also sold stocks worth Rs. 43 crore. Over the last few days, the U.S., Japan, the U.K., and key Asian markets have fallen 4-6% in a week. The Nifty 50 has managed to stay positive in December, but the volumes have dried up in recent sessions. Continue reading “Market Condition and How to Approach the Markets this Week”