Nifty 100 shocker, lets unravel . . .

Today’s Daily Byte

Today, the Nifty tried to clear 25,000 again but failed, continuing the “nervous nineties” phase. Due to some technical difficulties, today’s session faced interruptions, but significant news emerged regarding a GST evasion issue involving influencers, with an amount as high as 30-35,000 crores. This development is likely to affect market performance, making the 25,000 mark elusive tomorrow as well.

Overall, the market was stable with no major corrections in any segment, yet it couldn’t push higher. Another significant piece of news is the rumored discontinuation of Sovereign Gold Bonds (SGBs). We’ll delve into the costs and implications of this towards the end of the discussion.

Reading Time : 4 Minutes

Nifty 100 shocker

Many people think that the Nifty 100 index is simply the combination of the Nifty 50 and Nifty Next 50 indices. However, this is not exactly true. While it is true that the Nifty 100 is made up of the first 50 stocks in the Nifty 50 and the next 50 stocks in the Nifty Next 50, the way these stocks are weighted is quite different.

One might assume that the returns from the Nifty 50 and Nifty Next 50 would combine to give the returns of the Nifty 100. But the weight allocation in the Nifty 100 is very skewed. . . . . .

Reading Time : 4 Minutes

Trump Vs China

Hello, friends. Recently, there was an article discussing how China is building secret commodity stockpiles. It seems that China is preparing for the post-Trump era. Trump has openly challenged the current US policies and has mentioned that he will impose various tariff barriers on Chinese imports coming to the US.

This is significant because China and the US have a very tight economic relationship, with both countries importing a lot from each other, including critical resources.. . . . .

Reading Time : 3 Minutes