IDEA FOR NIFTY 50



Nothing seems to be happening with the stock results

Our banking is very weak because of bad loans and low deposit.

December 6, 2024, the repo rate in India is 6.5%, which is the rate that the Reserve Bank of India (RBI) has kept unchanged for 11 months in a row. The RBI's Monetary Policy Committee (MPC) made this decision despite a slow GDP growth of 5.4% in Q2.
1.
Sensex Extends Slide to 7-Month Low
Indian Rupee Extends Record Low
Indian Inflation Eases as Expected
India Industrial Growth Quickens to 6-Month High
Indian GDP Growth Lowest in 4 Years
India Services PMI Revised Downward
India Composite PMI Revised Lower
India Forex Reserves Fall to 8-Month Low
Indian 10-Year Yield Holds at 1-Month High
India Manufacturing Growth Revised Downward


2.France 10-Year Yield Soars to Over 1-Year High
Oil Rises to Over 4-Month High
Portugal Inflation Rate Confirmed at 7-Month High of 3%
Sensex Extends Slide to 7-Month Low
Serbia Inflation Rate Steady at 4.3%
Romania Current Account Deficit Widens in November
Latvia Current Account Swings to Surplus
Indian Rupee Extends Record Low
Dollar Index Tops 110
Indian Inflation Eases as Expected


what do you think??
I see more decline.

this is my view

PLEASE TRADE YOUR OWN RISK AND ANALYSIS.

Aviso legal