Hello and welcome to the weekly trading diary, a thread for discussing your trades, strategies, ideas, news, stories, etc.
Here’s how the markets fared in the first week of the new year;
Indian markets kicked off the new year negatively, with Nifty down by around 1.3% and Sensex by about 1.55% for the week.
Apart from minor gains in FMCG Pharma and Auto indices, all sectoral indices closed the week in the red. IT, Media and Services were the top losers, each down by around 2.8%.
Here’s how the global markets fared in the week ended 6th January;
Things to watch out for in the coming week;
The corporate earnings season for the third quarter of the financial year 2022-23 kicks off this week. Some of the notable earnings to look for;
|9th January||10th January||11th January||12th January||13th January||14th January|
|Tata Consultancy Services||Infosys||Just Dial||Avenue Supermarts|
|L&T Finance Holdings||Wipro|
Economic events to watch out
|9th January||10th January||11th January||12th January||13th January|
|Eurozone||Unemployment Rate (NOV)||US||Crude Oil Inventories||India||CPI Inflation (DEC)||UK||GDP Growth|
|Industrial Output||Manufacturing Production|
|Manufacturing Output||Industrial Production|
|China||CPI Inflation (DEC)|
|US||CPI Inflation (DEC)|
|Initial Jobless Claims|