Nirmal Bang's Commodity Research Head Kunal Shah advices Indian investors to go long on both gold and silver..
Nirmal Bang's Commodity Research Head Kunal Shah advices Indian investors to go long on both gold and silver.
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Why Morgan Stanley, the top global brokerage firm, is bullish on Indian markets!
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The BJP is still trying to recover from the big jolt that it has suffered in the assembly elections. But Indian markets have already moved on.
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The Russia-Ukraine war, inflation, rising interest rates, and slower economic growth have impacted investors' sentiments. Increasing transactions by bitcoin whales is a sign of rising demand from investors and according to a Bank of America survey, a quarter of fund managers anticipate the biggest crypto’s price to pass $75,000 in one year. At the same time, many are predicting it will remain relatively flat, fluctuating between $50,000 and $75,000. Most altcoins have gained more than decent growth. It seems like traders are redistributing their funds between altcoins to avoid Bitcoin exposure. Shiba Inu, Polygon, Solana, and Compound have gained more than decent growth after they were listed on the trading platform Robinhood
A survey found that long positions on bitcoin were more crowded than those on ESG (environmental, social, and governance). In May and January this year, long bitcoin was named the most crowded trade. Bitcoin will recover from the current crypto crash to hit a fresh all-time high of $75,000 by the end of 2022. Experts such as Nigel Green of deVere Group says, the world’s largest digital currency by market capitalisation fell below the $40,000 level several times, weighing down the wider cryptocurrency sector. The total cryptocurrency market is currently $1.89 trillion, down 11% compared to the week before. He explains: “Bitcoin briefly dipped below $40,000, tracking losses in global equities. The correlation with stock markets is currently especially pronounced with the tech-heavy Nasdaq 100 index, which is in tandem more than ever.
It seems investors are reducing their exposure to risk-on assets, including stocks and crypto, due to heightening concerns about inflation and slower economic growth. There’s a growing sense that central banks – including the U.S. Federal Reserve, the Bank of England and European Central Bank - will be unable to achieve a ‘soft landing,’ that’s to say curbing inflation w
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Kunal Shah, Head of Commodities Research at Nirmal Bang, expects oil prices to remain under pressure through the most of 2019. Shah believes oil is unlikely to shoot past $70 a barrel level even if Opec decides to go ahead with another output cut
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In this video, you will find out Why People say Cheers and click the glass before drinking. as well as you will find the logic behind Cheers.
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The film, which showcases the golden history of Indian hockey, is being released on August 15. Actor Akshay Kumar's film, Azad will tell the story of the first gold medal that India won in hockey. Akshay Kumar will play the role of hockey coach Tapan Das in this film. Tapan Das was from Bengal and he only dreamed of winning gold in hockey.
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