SSquare

Since the start of 2020, the world is struggling to fight the deadly Corona Virus Pandemic. Obviously the tremors were felt in the worldwide equity markets too in the initial phase. Come to present. We are in the second half of 2021, many countries have imposed lockdowns for the fears of 3rd/4th wave, vaccinations are struggling to cope up the required pace. But where is the market?  Well, Nifty-50 has scaled the mountain of 16600 -An all time high in August 2021 from the lows of 7500 levels in March 2020! This is quite astonishing even for the veteran traders or investors let alone layman. Let's try to explore this. Almost every major central bank in the world including Federal Reserve declared humongous stimulus packages to tackle this health crisis and support the economies. The latest one signed by USA was of  $1.9 Billion! To add onto this, consistently the bond interest rates were kept low by all major economies. In effect , corporates had large amounts of funds obt...

 As India is celebrating its 75th independence day today, its quite a historic moment for all of us. The journey from 1947 till 2021 is really remarkable for a nation that was ruled by foreign powers for more than 200 years. Today, we are the largest democracy, have second largest army, 6th largest economy by nominal GDP.  Apart from this, in recent years we are progressing and implemented much needed reforms like IBC, Uniform Tax Rates across country (GST), UPI, Jan-Dhan scheme ,the infrastructure push and many more. Draconian and deprecated laws are being scrapped, our borders are more secured. There are many such achievements to be proud of ! Sure, there are many problems we are reeling under. The pandemic hit us harder than rest of the world due to overall poverty percentage and small scale businesses almost collapsed. A huge chunk of small vendors were on road due to lack of livelihood. The economy is feeling the heat with consecutive negative GDP growth for couple of qua...