Weekly Wealth Report
Issue 168, Weekly Wealth Newsletter: 11th nov 2024 – 18th nov 2024
(Weekly Wealth Newsletter and a Private Circulation from Creating Wealth Company)
Curated by
Mr. Sathish Kumar
Founder – Creating Wealth Company
Crorepathi Creator | Financial Consultant | Author | Speaker | Columnist | Youtuber
Phone – 9841058689
Mail – creatingwealthadvisory@gmail.com
Web – www.sathishspeaks.com
Donald Trump Return and US Fed Rate Cut What it means to Indian Stock Market?
The US Fed reduced the benchmark interest rate by 25 bps to 4.50 from 4.75% on November 7, but markets were disappointed by Powell’s uncertain outlook.
In the September meeting, the US Fed slashed the benchmark interest rate by 50 basis for the first time in four years, expressing confidence that inflation was consistently on track to come near the target level.
However, Fed is expected to continue reducing rates through 2026, aiming to bring the benchmark rate to a range of 2.75 to 3.00 per cent.
We expect the RBI to stay on pause in its December policy meeting, considering the current high inflation. RBI’s monetary policy decision will be driven by domestic growth and inflation dynamics.
Overall these triggers are neutral to Indian Stock Market as US President Elect Donald Trump is friendly ally for India.
Successful investment strategy requires regular reviewing and investor should buy funds at lower levels you can always reach us @ 78100 79946 for your portfolio review and rebalance
Weekly Market Pulse
Indian equities ended lower on Friday, led by realty and oil and gas stocks after the 25-basis point rate cut by the US Federal Reserve (Fed) to ease pressure on the US economy.
Domestic equity markets remained mixed during the week as key benchmark indices BSE Sensex rose 0.12% and Nifty 50 fell 0.24%. The mid-cap segment closed the week in green and the small-cap segment closed the week in red.
Domestic equity markets started the week on weaker note as increased tensions in the Middle East, along with concerns surrounding the upcoming U.S. Presidential election and the U.S. Federal Reserve’s decision on interest rates, have diminished investors’ willingness to take risks.
Meanwhile, markets recovered as sentiment was boosted after the former U.S. President and Republican candidate took a decisive lead in the 2024 U.S. election, which increased the expectation of tax cuts and increased government spending in the U.S.
On the BSE sectoral front, BSE IT rose 3.83% in anticipation of a rebound in information technology spending in the U.S. following the result of the U.S. election 2024.
Mutual Fund Corner
Invesco India Large & Mid Cap Fund
What you need is a fund that offers Expertise and Flexibility – navigating through market movements with the aim to capture opportunities in both Large & Mid cap Segments and help you build long term wealth.
Why to invest in Invesco Large & Mid Cap Fund
- Top Quartile Large & Mid Cap Fund for 2024
- This fund pursues opportunities & flexible in both Large & Mid Cap Categories, where the valuation is fair with current market scenario.
- Facilitates longevity of stock ownership as the fund does not have to rebalance portfolio due to market cap changes
- Diversification helps to generate consistent outcomes over long term while lowering risk
- Invest in both Growth and Value Models
- Bottom Up Approach in Stock Selection
- No Cash Calls ( Fully Invested – uptp 95% )
- 50 – 70 Stocks in its portfolio
To invest in SIP & in Mutual Funds Click the link and start your investments instantly
( You can also call us @ 78100 79946 )
Stock of the Week
Samvardhana Motherson
CMP – 176
Target – 224 ( In 12 – 18 Month’s Time Frame)
The MSSL group is amongst the world’s largest manufacturers of exterior rear-view mirrors with a dominant market share, and is a leading global player in polymer-based interior and exterior modules. Moreover, the group is also the largest manufacturer of wiring harnesses for passenger vehicles in India.
With a growth in Net Profit of 58.26%, the company declared Very Positive results in June 24
With ROCE of 13.5, it has a Attractive valuation with a 3.5 Enterprise value to Capital Employe
High Institutional Holdings at 33.41%
Market Beating performance in long term as well as near term
The company has declared positive results for the last 4 consecutive quarters
The stocks MACD and KST both technical factors are also Bullish
For your Equity Recommendation, Pls call us 78100 79946
This Week Media Publications
My Publications
My First 1 Crore Club
Are you still dreaming to achieve a net worth of ₹1 crore?
Still dreaming how to make 1crore?
Still Wondering how a salaried person/professionals can make 1cr?
To all the questions in your mind here is the potential ways to build it through Mutual Funds, Stocks and Much More…
Still dreaming how to make 1crore?
Still Wondering how a salaried person/professionals can make 1cr?
To all the questions in your mind here is the potential ways to build it through Mutual Funds, Stocks and Much More…
This Newsletter is from Creating Wealth Company – For Private Circulation only.
For more information connect with Sathish Kumar @ 9841058689
You can also connect with us investments@sathishspeaks.com
Visit – www.sathishspeaks.com for More Details.
Disclaimer
Mutual Funds and Stock Market Investments are subject to market risks, pls read all scheme-related documents carefully. The past performance of the mutual fund is not necessarily indicative of future performances. Mutual fund does not guarantee any returns or dividends.
This report is for informational purposes only and contains information, opinions, and material obtained from reliable sources every effort has been made to avoid errors and omissions and is not to be construed as advice or an offer to act on views expressed therein or an offer to buy and/or sell any securities or related financial instruments, we shall not be responsible and/or liable to anyone for any direct or consequential use of the contents thereof. Reproduction of the contents of this report in any form or by any means is prohibited.
