NIFTY: Seize on Size!China Inflation Cools, Japan PPI softens, Powell sounds on rate cuts. Yesterday NZ bonds fell (yields rise), today the reverse as the Central Bank says inflation would return under control.
Nothing to materialise as fall in inflation is more transitory than ever.
It is the rate of inflation that is falling not the inflation, with Economic Growth plot owing, AI dominating, the broader economy remains on above average path than the expected path.
Coming to size, the SEBI Select Committee recommendation on increasing the FnO size looks laughable than laudable to start. Increasing the cut off marks have hardly dented the risk taker to enter, if any time tested is the increase in margins, limits in bank exposure to equity. Now are these measures reflection of the excess in the market moves? is that the worry, or the concern that retail is losing the money. What action SEBI takes on some of the brokers whose client face tech issues?
Notwithstanding the markets have ignored.
From the market, there is no devil yet, though the larger frames in heavy overbought reminding either the 2006 or the 2015 peaks, the fall can come without a warning, but then that is for another day story.
Recent moves regression shows market up, the red line is drawn to show that is the new support.
Support 24250-24150-23950
Supply 24500-24530-24580
