6th Oct ’23 — Show of Strength, Change in Sentiment — PostMortem on Nifty & BankNifty + RBI…

Nifty Analysis Recap from yesterday: “Although we had a good green day today — the body of the candle was not good enough. So I am not changing my stance from bearish to bullish instead, I am going with a neutral stance for tomorrow.” Everything went in the bull’s way today. The opening was gap-up followed by…

How GDP, GST & Inflation numbers do not convey the reality?

For a developed economy like the US, Europe, or Japan — the GDP numbers & the tax collections would indicate how much they have advanced every quarter, every year. But for a country like India — GDP, GST & Inflation data are just statistics. It cannot explain with certainty if we are progressing or regressing. Let us try to…