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This week, markets moved with a mix of volatility and optimism as investors tracked global cues, sector trends, and domestic developments. Key indices showed steady swings, while banking, IT, and energy stocks drew investor focus. FII flows, crude oil price changes, and policy updates played a major role in shaping sentiment. Hereu2019s a snapshot of the highlights, top performers, and key takeaways from the week.
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Read blog - https://navia.co.in/blog/navia-weekly-roundup-march-18-march-22-2024/ Navia Weekly Roundup (Mar 18- Mar 22, 2024)
Week in Review Read blog - https://navia.co.in/blog/navia-weekly-roundup-march-18-march-22-2024/ • Markets ended with moderate gains amid volatility. Key factors: • Fed kept rates unchanged, stuck to 3 cuts forecast for 2024. • Crude oil prices fell, easing inflation concerns. • Accenture’s subdued guidance hit IT sentiment. • Persistent FII selling pressured markets.
Read blog - https://navia.co.in/blog/navia-weekly-roundup-march-18-march-22-2024/ Sensex Performance • BSE Sensex up 0.26%, closed at 72,831. • Despite global uncertainties, market showed resilience. • Modest uptick reflects cautious investor confidence.
Read blog - https://navia.co.in/blog/navia-weekly-roundup-march-18-march-22-2024/ Nifty Performance • Nifty50 up 0.33%, closed at 22,096. • Sustained bullish sentiment in the market. Driven by: • Positive earnings outlooks • Supportive government policies • Global cues
Takeaway for Investors Read blog - https://navia.co.in/blog/navia-weekly-roundup-march-18-march-22-2024/ • Markets remain resilient but cautious. • Domestic strength offsets some global volatility. Watch out for: • Fed’s future policy stance • Crude oil movements • FII activity & IT sector trends • Strategy: Stay diversified, stay patient.
Disclaimer Investment in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are for illustrative purposes and are not intended as recommendations. Brokerage will not exceed the SEBI prescribed limit. Navia Markets Ltd ,SEBI Registration No.INZ000095034-NSE Member code for CM, FAO & CD: 07708 - BSE Clearing No. for CM, FAO & CD: 6341-MCX Member ID: 45345 NSDL DP ID: IN300378-CDSL DP ID: 12086500-SEBI Registration No. for DP: IN-DP-311-2017-GST Registration number :33AAACM4739R2ZZ-Registered office: Ganga Griha, 4th & 5th Floor, No.9, Nungambakkam High Road, Chennai - 600 034 Email ID: ig@navia.co.in - Contact No: +91 70100 75500 https://bit.ly/naviadisclaimer Read blog - https://navia.co.in/blog/navia-weekly-roundup-march-18-march-22-2024/