Dip in market ahead of Budget 2021 might not be bad: What should be your investment strategy?
GDP numbers suggest that we are in a technical recession but things could reverse very quickly without giving much time or opportunity for investors to react.
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The S&P BSE Sensex has fallen more than 3 percent points in the run-up to Budget 2021. The Nifty50 is also trading near crucial support levels of 14,200 after hitting a high of 14,753 earlier in January.
The market was overheated and overbought, and some profit-taking ahead of the Budget 2021 was on the cards.
A dip in the market has now given retail investors who were waiting on the sidelines an opportunity to invest in the run-away rally seen in the last 12 months.
At this juncture the budget appears to be quite constructive; however, the fiscal room afforded even after considering the improving economy and better-than-expected tax collections is not very significant.
The banking system could extend lending to women at competitive rates to increase access to education. This could enhance women’s income-earning potential, and possibilities to save and invest more.
Emergence Global Enterprises Inc. Announces CSE Trading Date of January 26, 2021
WINDSOR, ON / ACCESSWIRE / January 25, 2021 / Emergence Global Enterprises Inc.,(CSE:EMRG) (
Emergence or the
Company ), previously named Velocity Data Inc., is pleased to announce that the Canadian Securities Exchange (the
CSE ) has approved the listing of the common shares of Emergence. The Company s common shares are expected to begin trading on the CSE on January 26, 2021, under the trading symbol EMRG .
Table 1: New CSE Stock Symbols and Identification Codes Effective (January 26, 2021)
Trading Symbol
A listing statement describing Emergence, prepared in accordance with the policies of the CSE, (the
Listing Statement ) will be made available on the CSE s website and on SEDAR at www.sedar.com. The information regarding Emergence in this press release is qualified in its entirety by reference to the more detailed disclosure included in the Listing Statement.