The WeekendInvesting Newsletter

Have you ever heard the saying, “never judge a book by its cover”?

It implies that things may not always be what they seem at first glance. This concept holds true not only in life but also in the stock market. Some stocks, often referred to as “ugly duckling stocks,” may surprise investors with remarkable gains despite their unimpressive appearances. In this article, we will explore the fascinating case of two energy companies, Power Finance and Rural Electrification, and how their unpredictable price movements have defied conventional wisdom.

Rural Electrification (Rec) has been fluctuating between Rs30 and Rs80 . . . .

Reading Time : 4 Minutes

In this article, we will analyze the Nifty monthly chart for November and discuss what it signifies for future market movements. Let’s dive in!

The month of November 2023 opened at 19,064 and closed at 20,133, indicating a gain of approximately 1100 points. Such a substantial gain in a single month is a rarity in the market. Looking back over the past few years, there have only been a few instances of a thousand-point move in a month. . . . .

Reading Time : 5 Minutes

WeekendInvesting Daily Bytes

The Indian stock market witnessed a significant surge on December 4th, with the Nifty index making a remarkable 2% upward move in a single trading day. This surge broke through the crucial resistance level of 20,200, which the Nifty had been struggling to surpass in the previous session. The market’s bullish momentum was further bolstered by a substantial gap-up opening and a close near the day’s high. This exceptional performance showcases the current strength and positivity in the market, largely influenced by the recent by-elections.

Reading Time : 6 Minutes