Going by statistics, the continued rally is Dalal Street’s longest one since April 2010, because the Sensex has thus far continued it for the ninth consecutive week. The variety of pink days throughout the whole month of December was restricted to only 3.
By the very definition of it, the Santa Claus Rally ought to finish within the first week of the New Year. Can the arrival of Covid vaccines and the approaching earnings season make 2021 a ‘Happy New Year’ for inventory buyers? How lengthy can these ‘ache din’ final? We discover out this and extra in at this time’s particular podcast with unbiased market analyst Rajiv Nagpal.
1) After a blockbuster efficiency over the previous few weeks, do you assume we’re executed with the most effective a part of the shares rally?
2) Can Q3 numbers spring a shock as we head into the earnings season? Which sectors you assume supply greatest potential?
3) The S&P 500 ended 2020 with a achieve of 16%, whereas Sensex added 15.75% through the yr. Does it point out an growing co-relation between Dalal Street and Wall Street?
4) Which pockets of the market look profitable as we inch nearer to getting a ultimate nod for Covid vaccines?
Thank you Mr Nagpal. That’s all in at this time’s particular podcast however maintain checking this area for extra such attention-grabbing content material. Good bye!