Sathish Speaks

Sathish Kumar

FII Turns Net Buyers in June 2024, Is this the Biggest Bull Run in Stock Market?

Weekly Wealth Report 1st July 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 Issue 149, Weekly Wealth Newsletter: 1st July 2024 – 8th July 2024 FII Turns Net Buyers in June 2024, Is this the Biggest Bull Run in Stock Market? After 2 Months of Outflows, FPI’s turn net buyers with 26,565 Crore in June, driven by political stability and sharp rebound in Economic Indicators. FII’s are pouring money into India at the cost of China, brazil, Taiwan and South Korea. Bulls on charge Sensex nearing 80,000 and Nifty crossed 24,000. Looking ahead the attention will gradually shift towards Union Budget and Q1 Earnings for Financial Year 25. On Investing Mark Mobius said “You always have to keep in mind that the best way is to get the value is to do what other people is not doing” Mark Mobius, Billionaire Investor, said that he is confident that the bull run in Indian stock markets is intact. Sensex can even hit the 1 lakh mark before PM Modi finishes his third term and Sensex to grow at a pace of 15% over next 10 Years. Don’t miss out on this opportunity to ride this wave. Call us @ 78100 79946 to start your Investments Weekly Market Update Domestic equity markets rose for the fourth consecutive week as key benchmark indices BSE Sensex and Nifty 50 rose 2.36% and 2.17%, respectively. The rally was broad-based, as the mid-cap segment and the small-cap segment also closed the week in green. Domestic equity markets rose during the week as investors’ sentiment was underpinned after the central bank data showed that India’s current account balance recorded a surplus of $5.7 billion or 0.6% of GDP in Q4 FY24, driven by a lower merchandise trade deficit. Meanwhile, markets key benchmark indices progressed to hit fresh milestones supported by information technology and energy stocks. However, gains were capped due to profit booking ahead the release of the U.S. personal consumption expenditure inflation data of May 2024, which will provide more clarity on interest rate trajectory by the U.S. Federal Reserve. Rising global crude oil prices also restricted the gains. On the BSE sectoral front, BSE IT rose 2.15% on expectation of revival in the information technology sector following its U.S. peers. Oil & gas shares also witnessed demand as BSE Oil & Gas rose 2.11%. Mutual Fund Corner ICICI Value Discovery Fund This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than market. This is managed directly by Mr Shankar Naren, CIO of ICICI Prudential AMC. This fund needs 5 – 7 years of Horizon as the value fund needs higher duration than normal equity funds To invest in SIP & in Mutual Funds Click the link and start your investments instantly ( You can also call us @ 7810079946 ) http://www.assetplus.in/partner/sathishkumar Stock of the Week HDFC Bank CMP – 1696 Target – 1999 ( In 12 – 18 Month’s Time Frame) HDFC Bank is a publicly held banking company, the bank was incorporated in August 1994 in the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India. It is engaged in providing a range of banking and financial services including retail banking, wholesale banking and treasury operations. Strong Long Term Fundamental Strength with an average Return on Assets (ROA) of 1.75% With a growth in Interest of 58.41%, the company declared Very Positive results in Mar 24 HDFC Bank has delivered positive results for last 11 Quarters With ROA of 1.7, it has a Fair valuation with a 2.9 Price to Book Value Natco Pharma has High Institutional Holdings at 72% The Bank has a high Capital Adequacy Ratio of 17.12% signifying high buffers against its risk-based assets The stock is trading at a discount compared to its average historical valuations For your Equity recommendation – open a De Mat account with Angel Broking with this link https://app.aliceblueonline.com/openAccount.aspx?C=SSP03 This week Media Publications This week at Nanayam Vikatan – Should you take a Home Loan for your New House Purchase? https://www.youtube.com/watch?v=bfXEueUcEDchttps://www.youtube.com/watch?v=Q8Ss6Mv9RTMhttps://www.youtube.com/watch?v=tDrD1Lzlj6Ihttps://www.youtube.com/watch?v=taerfbtgKNg Middle Class to Million Dollar Book Man and his struggle to generate and preserve wealth is eternal. One thing which is common among everyone in this society, that everyone has financial dream and aspiration to become Crorepati. Middle Class to Million Dollar is a guide to understand how simple and common sense in Personal Finance can help you to get wealthy Corpus.  Click here to purchase the book from Amazon Buy Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Book Online at Low Prices in India | Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Reviews & Ratings – Amazon.in To Buy my Untold Wealth Secret Book from Flipkart Untold Wealth Secrets: Buy Untold Wealth Secrets by Sathish Kumar at Low Price in India | Flipkart.com Facebook Youtube Whatsapp Instagram Linkedin 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

FII Turns Net Buyers in June 2024, Is this the Biggest Bull Run in Stock Market? Read More »

Fastest Growing AMC – Quant Mutual Fund Company facing SEBI inquiry

Weekly Wealth Report 24th June 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 Issue 148, Weekly Wealth Newsletter: 24th June 2024 – 1st July 2024 Fastest Growing AMC “Quant” is facing SEBI Inquiry, What an investor should do now? Another Front Running inquiry from SEBI, this time it is from Quant Mutual Fund. Quant is one of the fastest growing Asset Management Company with 90,000 Crore of AUM. SEBI has conducted raids at Mumbai Head Quarters and suspected beneficial ownership in Hyderabad on the grounds of Front Running activity. Front running (in the current context) is when a fund manager and their associates buy shares in their personal account(s) before a fund purchases the shares. Since the fund would place a large order, the price will move up. So, the employees would get an immediate gain that can be sold off. Naturally, this is illegal and unethical and is banned by SEBI. We advise against any knee-jerk reactions, such as redemptions, until there is more clarity from the regulator or the mutual fund company. It’s important to note that, unlike individual stocks that may experience significant drops in response to such news, mutual fund investors are generally not impacted in the same way since mutual funds are essentially pass-through vehicles. The current investigation appears to pertain to the fund management process, not the stock portfolio of the funds being managed by the Asset Management Company (AMC). Call us @ 63795 18807 to Handpick High Performing Funds and Stocks for your Portfolio Weekly Market Update Domestic equity markets rose for the third consecutive week as key benchmark indices BSE Sensex and Nifty 50 rose 0.28% and 0.15%, respectively. The rally was broad-based, as the mid-cap segment and the small-cap segment also closed the week in green. Domestic equity markets reached a fresh high supported by a favourable view of the overall domestic economy, along with the hope for a prosperous rainy season. Gains were extended after the Swiss National Bank delivered another interest rate cut, reducing its policy rate by 25 bps to 1.25%. Investors’ focus remained on the upcoming Union budget along with progress of the monsoon for further cues. On the BSE sectoral front, BSE Bankex rose 3.22% led by private sector banks due to ‘valuation comfort’ over public sector banks and the return of foreign money. BSE IT increased 1.88% after a major U.S. based information technology firm provided a positive annual revenue growth forecast, indicating demand in the crucial U.S. marketplace Mutual Fund Corner ICICI Value Discovery Fund This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than market. This is managed directly by Mr Shankar Naren, CIO of ICICI Prudential AMC. This fund needs 5 – 7 years of Horizon as the value fund needs higher duration than normal equity funds To invest in SIP & in Mutual Funds Click the link and start your investments instantly ( You can also call us @ 7810079946 ) http://www.assetplus.in/partner/sathishkumar Stock of the Week HDFC Bank CMP – 1662 Target – 1999 ( In 12 – 18 Month’s Time Frame) HDFC Bank is a publicly held banking company, the bank was incorporated in August 1994 in the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India. It is engaged in providing a range of banking and financial services including retail banking, wholesale banking and treasury operations. Strong Long Term Fundamental Strength with an average Return on Assets (ROA) of 1.75% With a growth in Interest of 58.41%, the company declared Very Positive results in Mar 24 HDFC Bank has delivered positive results for last 11 Quarters With ROA of 1.7, it has a Fair valuation with a 2.9 Price to Book Value HDFC Bank has High Institutional Holdings at 72% The Bank has a high Capital Adequacy Ratio of 17.12% signifying high buffers against its risk-based assets The stock is trading at a discount compared to its average historical valuations For your Equity recommendation – open a De Mat account with Angel Broking with this link https://app.aliceblueonline.com/openAccount.aspx?C=SSP03 This week Media Publications This week at Nanayam Vikatan – Should you switch your Mutual Fund Schemes frequently for High Returns? https://www.youtube.com/watch?v=rAFwSjXcKUkhttps://www.youtube.com/watch?v=Q8Ss6Mv9RTMhttps://www.youtube.com/watch?v=Pjc-Byv38kchttps://www.youtube.com/watch?v=Uj7TCfGWGqchttps://www.youtube.com/watch?v=Ra7fXuKcwqI Middle Class to Million Dollar Book Man and his struggle to generate and preserve wealth is eternal. One thing which is common among everyone in this society, that everyone has financial dream and aspiration to become Crorepati. Middle Class to Million Dollar is a guide to understand how simple and common sense in Personal Finance can help you to get wealthy Corpus.  Click here to purchase the book from Amazon Buy Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Book Online at Low Prices in India | Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Reviews & Ratings – Amazon.in To Buy my Untold Wealth Secret Book from Flipkart Untold Wealth Secrets: Buy Untold Wealth Secrets by Sathish Kumar at Low Price in India | Flipkart.com Facebook Youtube Whatsapp Instagram Linkedin 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

Fastest Growing AMC – Quant Mutual Fund Company facing SEBI inquiry Read More »

Will Prime Minister’s Modi’s 3.0 Economic Agenda will drive Sensex to 1,00,000?

Weekly Wealth Report 10th June 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 Issue 146, Weekly Wealth Newsletter: 10th June 2024 – 17th June 2024 Will PM Modi’s 3.0 Economic Agenda move Sensex to 1,00,000? Although the Stock Market are concerned with lesser Majority carrying our Prime Minister to carry out large scale Growth Reforms, Analysts are confident that the bull run is intact and even the Sensex will hit 1,00,000 before he completes his third term Investors expect Finance Ministry to carry out Disinvestment, Rationalisation of GST, Regulating Crypto, Sustain Inflation, Revive Farm Sector. Commerce & Industry to accelerate and deepen services export and to continue PLI incentive to spur Foreign Investments Our India’s Infrastructure is fast pacing and investors expect the same to continue and develop NH construction with quality and timely completion. Railways is expected to increase the capacity to move cargo and more passengers. Expediting Vande Bharat and Amrit Bharat are in focus. Power Industry to bring in new private players for improved service Electronics & IT is expected to kick start with new ministries and dominating scale in Laptop & Mobile Manufacturing Call us @ 63795 18807 to Handpick High Performing Funds and Stocks for your Portfolio Weekly Market Update Domestic equity markets rose after witnessing fall in the previous week as key benchmark indices BSE Sensex and Nifty 50 rose 3.69% and 3.37%, respectively. The rally was broad based as the mid-cap segment and the small-cap segment both closed the week in green. Domestic equity markets started the week on higher note in the wake of an optimistic election outcome following the exit poll results which indicated a strong majority in favor of the incumbent party alliance at the Centre There was also some cheer on the economic front as government data revealed that India’s GDP growth surpassed all expectations and stood at 7.8% in the fourth quarter of FY24. Domestic equity markets rebounded sharply as investors absorbed the Lok Sabha election results and shifted their focus to fundamentals and developments around government formation. Gains were extended after the RBI left the repo rate unchanged at 6.50% and revised the GDP growth rate of domestic economy upward to 7.2% from 7.0% for FY25. The RBI projected real GDP growth for 2024-25 at 7.2% with Q1 at 7.3%, Q2 at 7.2%, Q3 at 7.3%, and Q4 at 7.2%, with the risks are evenly balanced. The Manufacturing Purchasing Managers’ Index eased slightly to 57.5 in May 2024 compared to 58.8 in Apr 2024 Mutual Fund Corner Upcoming NFO’s on the Rising Market Mutual Fund companies will never cease to introduce NFO’s, especially when the sentiments are positive and when the Stock Markert is at Life Time High. Sundaram Business Cycle Fund Helios Financial Services Fund Mahindra Manulife Manufacturing Fund Motilal Oswal Multi Cap Fund JM Small Cap Fund  But is it worth adding new funds to your existing portfolio?  It is best to continue with the existing schemes for your surplus, because  NFO’s has the risk of Market Timing, No Novel Ideas, No differentiation and of course No Past Performance Track record. To invest in SIP & in Mutual Funds Click the link and start your investments instantly ( You can also call us @ 7810079946 ) http://www.assetplus.in/partner/sathishkumar Stock of the Week Natco Pharma CMP – 1113 Target –  1399 ( In 12 – 18 Month’s Time Frame) NATCO Pharma Limited (NATCO) is a vertically integrated research and development focused on niche opportunities in the US. Company is focused on high-barrier-to-entry products Natco Pharma is a NIL Debt Company With a growth in Net Profit of 81.62%, the company declared Very Positive results in Mar 24 With ROE of 23.7, it has a Very Attractive valuation with a 3.3 Price to Book Value Natco Pharma has High Institutional Holdings at 25.84% The company has declared positive results for the last 5 consecutive quarters ROCE(HY) Highest at 27.20 % For your Equity recommendation – open a De Mat account with Angel Broking with this link https://app.aliceblueonline.com/openAccount.aspx?C=SSP03 This week Media Publications This week at Nanayam Vikatan – Should you switch your Mutual Fund Schemes frequently for High Returns? https://www.youtube.com/watch?v=Ra7fXuKcwqIhttps://www.youtube.com/watch?v=qWB7F1dBz9ghttps://www.youtube.com/watch?v=tz2Cg30iMoYhttps://www.youtube.com/watch?v=3fFIBc3yopY Middle Class to Million Dollar Book Man and his struggle to generate and preserve wealth is eternal. One thing which is common among everyone in this society, that everyone has financial dream and aspiration to become Crorepati. Middle Class to Million Dollar is a guide to understand how simple and common sense in Personal Finance can help you to get wealthy Corpus.  Click here to purchase the book from Amazon Buy Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Book Online at Low Prices in India | Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Reviews & Ratings – Amazon.in To Buy my Untold Wealth Secret Book from Flipkart Untold Wealth Secrets: Buy Untold Wealth Secrets by Sathish Kumar at Low Price in India | Flipkart.com Facebook Youtube Whatsapp Instagram Linkedin 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

Will Prime Minister’s Modi’s 3.0 Economic Agenda will drive Sensex to 1,00,000? Read More »

Exit Poll Rally.  One Day Returns Vs One Decade Returns

Weekly Wealth Report 3rd June 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 Issue 145, Weekly Wealth Newsletter: 3rd June 2024 – 10th June 2024 Exit Poll Rally. One Day Returns Vs One Decade Returns Sensex hits life time high, up over 2000 Points and Nifty above 23,100 as Lok Sabha predict Modi Victory. While Exit Poll has predicted a huge sweep for ruling BJP Party. But the actual number might cross 350 as well. Recently the Stock Market Valuation crossed $ 5 Trillion and this has a potential to cross even $ 10 trillion in 4 – 5 Years. Another important factor is how foreign investor will react, If FPI start to buy in Indian market, the market could register huge and swift gains. The potential for a strong NDA victory has created optimism among investors who believe that the continuation of Modi’s policies will further boost the growth and profitability of these companies. The currency market also witnessed a stronger start on the back of stronger equity markets. In the first trading session of this week, the Indian rupee opened at 82.99 against the US dollar. The rupee had closed 82.46 against the American currency on Friday. Dollar index, which measures greenback against six global currency, slipped 0.04 per cent lower at 104.63. Call us @ 63795 18807 to Handpick High Performing Funds and Stocks for your Portfolio Weekly Market Update BSE Sensex hits life time high and up over 2000 Points Stock Market Today | BSE Sensex, Nifty50 Live: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in opening trade on Monday to hit life-time highs on the back of most Lok Sabha election exit polls showing the Prime Minister Narendra Modi returning for a third term While BSE Sensex scaled above the 76,000 level, Nifty50 was above 23,100. Most exit polls have predicted that the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) will secure a thumping majority with many of them even saying that PM Modi’s ‘400 Paar’ target may be crossed. The counting of votes for the Lok Sabha elections, which took place in seven phases, will take place on June 4, 2024. Government data showed that Gross Domestic Product (GDP) of the Indian economy at constant (2011-12) prices witnessed a growth of 7.8% in the fourth quarter of FY24. In the Jan-Mar quarter of last year, the GDP growth rate was 6.2%. On the sectoral front, the growth of the manufacturing sector soared to 8.9% in Q4 of FY24 from 0.9% in same quarter of previous fiscal year Mutual Fund Corner HSBC Multi Asset Fund Every portfolio needs different asset classes that can combine to provide return potential while adjusting risk. Choose a fund that invests in equity for growth potential while debt and Gold / Silver can help to balance risks in volatile market conditions. Multi Asset Funds are best pick for Risk Adjusted Performances To invest in SIP & in Mutual Funds Click the link and start your investments instantly ( You can also call us @ 7810079946 ) http://www.assetplus.in/partner/sathishkumar Stock of the Week CAMS CMP – 3591 Target –  4299 ( In 12 – 18 Month’s Time Frame) CAMS is a mutual funds transfer agency. It provides investor services, distributor services and asset management companies (AMC) services. CAMS is India’s largest registrar and transfer agent of mutual funds with a market share of ~69%. High Management Efficiency with a high ROE of 42.89% Nil debt company High Institutional Holdings at 73.53% The company has declared positive results for the last 4 consecutive quarters With a growth in Net Profit of 16.32%, the company declared Very Positive results in Mar 24 NET SALES(Q) Highest at Rs 310.46 cr For your Equity recommendation – open a De Mat account with Angel Broking with this link https://app.aliceblueonline.com/openAccount.aspx?C=SSP03 This week Media Publications https://www.youtube.com/live/FyK0ao3Bpbohttps://www.youtube.com/watch?v=wGv4T7gJEaYhttps://www.youtube.com/watch?v=2b6C-0Wg_Xohttps://www.youtube.com/watch?v=rHiiUzAQgF4https://www.youtube.com/watch?v=nXdUniQAugw Middle Class to Million Dollar Book Man and his struggle to generate and preserve wealth is eternal. One thing which is common among everyone in this society, that everyone has financial dream and aspiration to become Crorepati. Middle Class to Million Dollar is a guide to understand how simple and common sense in Personal Finance can help you to get wealthy Corpus.  Click here to purchase the book from Amazon Buy Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Book Online at Low Prices in India | Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Reviews & Ratings – Amazon.in To Buy my Untold Wealth Secret Book from Flipkart Untold Wealth Secrets: Buy Untold Wealth Secrets by Sathish Kumar at Low Price in India | Flipkart.com Facebook Youtube Whatsapp Instagram Linkedin 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

Exit Poll Rally.  One Day Returns Vs One Decade Returns Read More »

Sensex Hits all time high of 75,000. Are you riding this wave?

Weekly Wealth Report 3rd June 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 Issue 144, Weekly Wealth Newsletter: 27th May 2024 – 3rd June 2024 Sensex Hits all time high of 75,000. Are you riding this wave? Sensex has reached all time high crossing a remarkable milestone of 75,000. This significance milestone reflects the strength and resilient of the Indian Stock Market. Stock Market is offering investment horizons for Small & Retail investors and for High Net worth Individuals. The Surge in the Stock Marker reflects strong investor confidence and positive sentiment, it’s a indicator of robust economic growth and thriving business environment As the market scales new heights, it opens plethora of opportunities to make returns from Equity as an Asset Allocation who precisely knows the future? But there is a good probability that the equity market’s 15% compounding of the last 45 years may well sustain into the next 5 years. Stay invested, so that you don’t miss out on this ultimate compounding machine called Sensex. Call us @ 63795 18807 to Handpick High Performing Funds and Stocks for your Portfolio Weekly Market Update Domestic equity markets rose for the second consecutive week as key benchmark indices S&P BSE Sensex and Nifty 50 rose 2.02% and 2.19%, respectively The rally was broad based as the mid-cap segment and the small cap segment both closed the week in green. Domestic equity markets rose during the week after the RBI approved a massive, all-time high surplus transfer of around Rs. 2.11 lakh crore for FY24, boosting government revenues and supporting the fiscal deficit target. S&P BSE PSU rose 4.61% on expectation of political stability in the Central government after the ongoing general election outcome. On the BSE sectoral front, S&P BSE Capital Goods surged 5.95% following good Q4 results with decent revenue and profit growth. Gains were extended, led by an election results related rally, due to the strong prospects for the sector. The RBI approved a dividend of Rs. 2.11 lakh crore for the Central government for FY24, which is approximately 141% more than the Rs. 87,416 crore paid out in FY23. The preliminary services PMI rose to a four-month high of 61.4 in May 2024 from 60.8 in Apr 2024 and preliminary manufacturing PMI slightly dipped to 58.4 in May 2024 from 58.8 in Apr 2024. Mutual Fund Corner HSBC Multi Asset Fund Every portfolio needs different asset classes that can combine to provide return potential while adjusting risk. Choose a fund that invests in equity for growth potential while debt and Gold / Silver can help to balance risks in volatile market conditions. Multi Asset Funds are best pick for Risk Adjusted Performances To invest in SIP & in Mutual Funds Click the link and start your investments instantly ( You can also call us @ 7810079946 ) http://www.assetplus.in/partner/sathishkumar Stock of the Week CDSL CMP – 2121 Target –  2599 ( In 12 – 18 Month’s Time Frame) Central Depository Services Limited is a Market Infrastructure Institution (MII), part of the capital market structure, providing services to all market participants – exchanges, clearing corporations, depository participants (DPs), issuers and investors. Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 21.14% Healthy long term growth as Net Sales has grown by an annual rate of 32.84% and Operating profit at 21.19% With a growth in Net Profit of 98.1%, the company declared Outstanding results in Mar 24 High Institutional Holdings at 34.53% The company has declared positive results for the last 3 consecutive quarters For your Equity recommendation – open a De Mat account with Angel Broking with this link https://app.aliceblueonline.com/openAccount.aspx?C=SSP03 This week Media Publications https://www.youtube.com/watch?v=kNM_I8cllUkhttps://www.youtube.com/watch?v=nESUK8mf8QIhttps://www.youtube.com/watch?v=2b6C-0Wg_Xohttps://www.youtube.com/watch?v=rHiiUzAQgF4https://www.youtube.com/watch?v=nXdUniQAugw Middle Class to Million Dollar Book Man and his struggle to generate and preserve wealth is eternal. One thing which is common among everyone in this society, that everyone has financial dream and aspiration to become Crorepati. Middle Class to Million Dollar is a guide to understand how simple and common sense in Personal Finance can help you to get wealthy Corpus.  Click here to purchase the book from Amazon Buy Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Book Online at Low Prices in India | Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Reviews & Ratings – Amazon.in To Buy my Untold Wealth Secret Book from Flipkart Untold Wealth Secrets: Buy Untold Wealth Secrets by Sathish Kumar at Low Price in India | Flipkart.com Facebook Youtube Whatsapp Instagram Linkedin 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. 

Sensex Hits all time high of 75,000. Are you riding this wave? Read More »

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