Ankura Corporate

The Nifty 50 index crossed the 20,000 mark for the first time on Monday, September 11, 2023, marking a new bull market milestone for the Indian stock market. It closed at 19,996.35, up 176.40 points from the previous day's close. The Sensex also closed higher, rising 528.17 points to 67,127.08.

The rally was led by gains in heavyweight stocks such as Reliance Industries, HDFC Bank, and Infosys. The market sentiment was positive on the back of strong corporate earnings, robust economic growth, and positive global cues.

The Nifty 50 index has been on a bull run since June 2023, when it crossed the 19,000 mark. It has gained more than 16% in the past three months.

The crossing of the 20,000 mark is a significant achievement for the Indian stock market.

Indian benchmark indices hit all-time highs!

The Sensex crossed the 67,000 mark, while the Nifty scaled 19,800.

The gains were supported by positive global cues and easing concerns about inflation and a possible recession.

However, analysts cautioned that the gains could be capped by rising inflation and interest rates.

"The market is likely to remain volatile in the near term, as investors will be assessing the impact of rising inflation and interest rates on corporate earnings," said Siddhartha Khemka, head of research at Motilal Oswal Financial Services.

"However, the long-term outlook for the Indian market remains positive, as the economy is expected to grow at a healthy pace in the coming years," he added.

Invest wisely, reap the rewards.

The Nifty 50 index hit a new all-time high of 19,000 today! 📈

This is a positive sign for the Indian stock market and suggests that there is still room for growth in the coming months.

Foreign investors have been net buyers of Indian equities in recent months. This has helped to support the market and has contributed to the Nifty's rise to 19,000.

The goal should be to grow your money faster than inflation.

May the positive vibes of Ugadi fill your hearts and souls with new spirits and goodness to have a cheerful year ahead. 🌸

May this harvest festival help you reap a lot of success and happiness in your life. Happy Makar Sankranti.

Each new year is filled with new possibilities, so make sure you make the most of this one. Ankura wishes you get all the blessings and success that you truly deserve. Happy New Year💫

The National Stock Exchange (NSE) has added 10 new stocks for trading to the futures & options (F&O) segment from the start of the September series.

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Final phase (Phase 4) of peak margin rules is effective from today.

The objective of SEBI in the entire exercise of peak margin system was to reduce speculation in the market so that retail investors are not caught on the wrong foot in volatile markets.

From the traders perspective, they must be prepared to pay up margins upfront for any position in the market.

Don't fear market volatility, treat it as an opportunity!

Every correction in the market gives the investors an opportunity to make some good buy at dips and gives a chance to diversify portfolio.

Here is a quick guide to help you understand about stock market volatility.

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Ankura Corporate updated their phone number.

If you found this post helpful, do share with your friends and family who are getting into investing!

We have believed, and we do believe now, that freedom is indivisible, that peace is indivisible, that economic prosperity is indivisible. Happy Independence Day 🇮🇳.

Patience is a cornerstone of many Billionaires' winning investment strategy.

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Patience, Patience & Patience 💯.