COLUMN: Under a deal reached on Sunday, Saudi Arabia and its allies will start increasing oil production from October.

My take: 'After relentlessly pursuing $100-a-barrel oil, the OPEC+ cartel has all but thrown in the towel.'

#OOTT @Opinion
bloomberg.com/opinion/articl…

Charlie Munger said that the acquisition of See's Candies - their favourite cash generator story - was because....of the US estate tax, a form of tax on inheritance.

#Repost

!! Check it out.

#FII short positions at highest.

The last few times it has created a bottom and rally.

So whats your take this time ?

Source x.com/strike_ic/stat…

#MSCI rebalancing today from 3 to 3.30

#Investing #investors

Salesforce came up short with its quarterly revenue guidance on Wednesday afternoon, sending its shares sliding over 20% after the market opened on Thursday. The decline also shaved off around 346 points from the blue-chip index, according to Dow Jones Market Data.

#Nifty50 Heavies

#RelianceInds - What gives way first ?

#HDFCBank - At the Middle . 1300-1350 ya 1700-1750- Whats coming ?

22% of the #Nifty50

#SectoralIndices on Watch

#OilandGas & #Pharma - Multiple knocks at the resistance.

#NiftyBank - Going Nowhere.

Last 5 months i.e YTD returns at 0.5%

Positioning here is very divergent.

Some #Institutions have major #underweight to zero & some are pretty #Overweight .

So what do you think?

Will Banks outperform or underperform.

#Nifty50 Channel of 1000-1300 points ( 5% swings )

Last 5 months i.e YTD return at 4%

Not a major range.

But the range of Emotions/Commentary have been swinging much more.

#Aluminium - Long-Term Chart Breakout?

Back in 2022 prices around Russia / Ukraine and nearing 2011 highs.
Last we looked at a spike in Copper x.com/nooreshtech/st…

This has been copy-pasted & forwarded :) on #whatsapp #twitter

Safir ;) How to copyright Tweets :)

6) SIP SIP SIP

20k Cr a Month from April

200k cr inflow last year.

SIP Assets at 10.71 lakh Cr !!!!!

20% of total AUM and 30-40% of Equity AUM is SIP !!