Whitespace Alpha News Today

Indian markets are likely to now derate due to higher risk perception, said analysts at brokerage Emkay Global.

Unless there is a major economic shift in India post elections, Puneet Sharma expects double-digit earnings growth this FY25 which may be limited to 12-13 percent.

As election uncertainty still continues to weigh on the market, investors are now looking for clues about the timing and extent of the US Fed policy easing

Whitespace Alpha CEO Puneet Sharma advise a diversified portfolio to avoid sector-specific shocks due to election uncertainty and tensions in West Asia and Europe

Contributions into systematic investment plans (SIPs) hit a record high of 192.71 billion rupees in March, hitting all-time highs for the 15th time in 18 months.

Inflows into Indias equity mutual funds moderated in March as small-caps saw outflows for the first time since September 2021, while investors revived interest in large-cap funds.... -April 10, 2024 at 05:33 am EDT - MarketScreener

Puneet Sharma of Whitespace Alpha believes consumption is one of the strongest drivers of GDP and with the per capita income in India rising consumption will keep increasing.

Option traders would do well to note that VIX usually rises in the fortnight ahead of Budget, with last year seeing a 66% rise during the same period, only to see a steep fall in VIX, post Budget, Anand James of Geojit said.

The fiscal deficit will be a crucial indicator that will shed light on the governments policies and management, says Puneet Sharma

From a Nifty traders perspective, while the higher timeframe charts continue to look attractive, the cycle of higher-highs – higher-lows is certainly visible on the daily time frame with in-between time-wise correction phases, analysts maintained.