DFM INSTITUTE — Stock Market

Topic : Correlation of Market 💵💰 - Yesterday, Rupee depreciated against dollar by 35 paise and Market Corrected by 1.75% approx in 2 days. - Banking always react more than Nifty does. - Today we can see Ruppe has recovered by 14-15 paisa against dollar, hence we are expecting recovery in Bank Nifty anytime soon - Tomorrow is a holiday, if Nifty closes above 15620 levels today, kindly avoid carrying forward short position in Market or hedge it. What does it mean? - Market is generally negatively correlated with Dollar Rupee. - Overall structure of Dollar Rupee is positive, it...