CEO forecasting is also no good !

Lets Celebrates Mi India Top 10’s Anniversary !

Mi India Top 10 has been a much loved strategy right since it was launched two years ago.

As a part of the strategy's Second Anniversary, we are offering a special 20% discount valid only for a short period.

Code : TOP20

Discount : Flat 20%

Validity : Till end of 09 Aug 2024 (Friday)

Reading Time : 4 Minutes

Today’s Daily Byte

A much better day today. Although the markets stayed within the range of yesterday, they moved towards the higher end of the chart, as I will show you very soon. While today’s movement wasn’t a major takeoff, it was very reassuring. Sectors that were getting hammered remained stable, and there was no panic during the day. The market opened with a good gap and stayed virtually undeterred from that position for the whole day, which is giving a lot of confidence.

There is a new real estate taxation amendment with two very delicate nuances to it, and we will talk about these amendments in the video below

Reading Time : 4 Minutes

CEO forecasting is also no good !

There is an interesting correlation between business confidence and market performance. According to Brian Feroldi, the business confidence expectations for the next six months have been at their lowest points during significant market downturns.

This has happened in 1991, 2002-2003, 2009, 2020, and 2022. These low points were observed through CEO surveys, indicating their pessimistic outlook for the economy during these periods... . . . .

Reading Time : 4 Minutes

India stands tall

A recent chart from Vlad Bastion Research reveals the three-year returns on different countries’ markets from August 2021 to August 2023. This data gives us a clear view of how various countries have performed during this period.

The best-performing countries are Turkey, Argentina, Peru, and Greece, with India securing the fifth spot. This performance showcases the relative strength of these markets amidst global economic conditions.. . . . .

Reading Time : 3 Minutes