Get started

Us10year

If there is a global party on...India's gonna lead!As the US Inflation numbers came soft, all doubts about Fed hiking rates in December were gone. That led to all currencies strengthening against the $. US Yields colled off, Dollar Index came down and US Equities soared. Indian markets also joined the party. The Rupee made strong gains making new multi week highs. G Sec Yields came off highs and Sensex and Nifty just took off to the skies. As global uncertainity eases, India stands to benefit the most over the next few decades when we rise up the ranks as a global economic superpower.
TVC:IN10Y
by MBIPL
Good News Just Doesn't Stop Coming Out of IndiaOver the past few days, there has been a steady fall in Indian yields, largely due to fall in US yields and falling crude oil prices. The rupee has been stable for over a year now; it is this kind of predictability in the economyu that makes India an attractive investment destination vis-a-vis its peers. As we approach Mahurat Trading, we are crucial resistance levels but the fundamentals and technicals appear to be building up for a rally. No one can pre empt the markets, hence the indicator script linked below is useful. Whenever the current candle makes a lower low than the previous candle, it gets trigerred and buys. That way we keep buying on lows and pulling the average cost down.
NSE:NIFTY
by MBIPL
Implications of small changes in US Bond Yields and USDINR As US Yields cool off a tad bit, it results into Dollar index cooling and Rupee strengthening. Our Forex Reserves increased, our yields fell and our benchmark equity indices soared. India's maiden 50 year bond issue was oversubscribed and that shows how much interest and confidence there is about India over the coming few decades. India's largest Festival season - Diwali is on and that is adding to the positive mood and momentum. Technicals also seem to be changing from sell to buy - but it is early days yet. So the script works just fine in these conditions as in all other ones. If market makes a new low as compared to previous candle, it buys one unit, thereby effectively pulling the average cost down.
TVC:IN10Y
by MBIPL