Chart of the Week : Post Covid Global Equity Market performance!

Global Market Performance Post Covid

Summary and Outlook

• Small Caps continued on their upward frenzy

• Brent Crude touches 90 USD ( The one possible threat to the rising India corporate growth, but we believe this would only be if this sustainably crossed 100 and stays above it for a period )

• We will be closely watching the currency for the first possible signs of a reasonable correction in Indian equities

• Gold crosses the 70k mark

Social Media Post of the Week  

Question of the Week ( Trending Funds and Why investor should be aware of them)

Insightful Reads of the Week

Why crude prices went up post the OPEC meet - https://www.livemint.com/market/commodities/explained-why-are-crude-oil-prices-elevated-after-opec-policy-decision-and-how-will-it-impact-india-11712321258317.html

NSE waiting to launch IPO  - https://www.moneycontrol.com/news/business/ipo/nse-waiting-for-sebi-nod-to-launch-ipo-ready-to-begin-process-ceo-ashish-chauhan-12576011.html

4 new Indices - https://www.moneycontrol.com/news/business/markets/nse-to-launch-four-new-indices-in-capital-markets-fo-segments-from-april-8-12569981.html

China’s Real estate correction might be only half done - https://www.cnbc.com/2024/04/03/kkr-says-chinas-real-estate-correction-may-only-be-halfway-done.html

India’s Factory growth at 16 year high - https://www.financialexpress.com/policy/economy-expands-for-33-months-in-a-row-factory-growth-at-16-year-high-3444355/

PE Investments plummet to a 6 year low - https://www.rediff.com/business/report/pe-investments-plummet-to-6-year-low-in-fy24/20240402.htm

Luxury car sales to hit 50k mark for the first time - https://www.hindustantimes.com/business/luxury-car-sales-could-breach-50-000-units-mark-for-first-time-ever-in-2024-audi-india-head-101711863788479.html