If you’re curious about what’s going on in the world of business, money, and global events this week, here’s a super easy-to-follow guide. You don’t need to be a financial whiz to understand—just take a peek at the key happenings!
1. Company Results:
This week, some big companies will share their Q2 (quarterly) performance results. Think of it like a report card but for businesses. These results tell us how well (or not) a company is doing. Here’s the list:
- 25-Nov-2024: ACME Solar Holdings, Niva Bupa Health Insurance, Sagility India, Aamcol Tools
- 26-Nov-2024: Siemens, Ansal Properties, Unistar Multimedia
- 27-Nov-2024: Harish Textile Engineers
- 28-Nov-2024: Nova Iron & Steel
- 29-Nov-2024: Amkay Products, Ashiana Ispat
- 30-Nov-2024: Minal Industries
Why does it matter? These results show how industries like tech, health, and real estate are doing, which impacts jobs, stock prices, and future investments!
2. What’s Happening Around the World?
Big things are happening globally that might affect countries, companies, and even regular folks like us. Here are some highlights:
- FOMC Minutes: This is where the U.S. Federal Reserve talks about interest rates and money.
- USA and India GDP: It’s like checking how “healthy” their economies are.
- Trump’s New Team: Could change the political game in the U.S.
- Biden and the Ukraine-Russia War: More updates on how world leaders are dealing with this crisis.
- Adani News: There are bribery allegations involving a big Indian business group—stay tuned!
3. What’s Happening in the Stock Market?
- Nifty 50: A big deal in India’s stock market. This week is the “monthly expiry,” meaning traders are figuring out what to buy and sell. Will the market cross the 24,000 mark?
- FII and DII: These are fancy terms for big investors (like foreign companies or Indian banks) who move a lot of money around. New government rules and elections in Maharashtra could change their strategies.
4. Currency and Gold Prices
- Rupee vs. Dollar: The Indian rupee is losing value compared to the dollar. This can make imported items like gadgets and fuel more expensive.
- Gold: Did you know gold might touch ₹100,000? People buy gold when they’re unsure about the economy but in india it showing people buying power is increasing and Indian always love Gold for investment as well as traditional purposes.
- Crude Oil: Prices are all over the place, which affects how much we pay for petrol and diesel.
FII position, DII, Client, Pro Traders in Nifty Future on 22-Nov-2024 as below
