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The past week ended on a cheery note, as the benchmark equity indices continued to be in the greens for five days in a row. The BSE Sensex saw a big climb of 450 points on Friday.

The rupee continued to strengthen and breached the 70 level, as the greenback softened against major global currencies after US Fed Chairman Jerome Powell’s dovish comments. A fall in crude oil prices was like a cherry on top of the investors’ cake.

From the G20 meet to the debate surrounding the revised GDP print, let’s have a look as to what Dalal Street’s Twitterati had to say.

Starting off with a puny tongue-in-cheek Haiku on the market mood from Safir Anand.

The global trade war, on the other hand, seems like a never-ending saga. Here’s what Sandip Sabharwal of asksandipsabharwal.com had to say about the Trump-Xi meeting at the G20.

GDP data debate

Markets continued to be abuzz, as investors eyed revised GDP Q2 numbers. The exercise has not convinced many, and Samir Arora of Helios Capital didn’t hide his displeasure.

Shyam Shekhar of iThought said the GDP number still needs to buckle up

Meanwhile, Sandip Sabharwal felt the RBI has a tightening bias going into next week’s policy review.

YES Bank continued to claim the spotlight. The stock rode a roller-coaster, its scrip extending its slide and plummeting to a 52-week low on Thursday. However, the stock erased its five-day losing streak on Friday and gained 5.3 per cent.

This is how Sandip Sabharwal looked at the stock.

Sabharwal further drove investors’ attention towards YES Bank’s institutional holdings.

NBFC liquidity crisis

With the cloud over NBFCs lifting slowly, it seems like a mood of pessimism has set in. Safir Anand continued to be positive on the space.

And here’s what Sandip Sabharwal had to say.

Pearls of wisdom

And as a new week and a new F&O series is about to commence, here are a few tips, ideas, thoughts from the who’s who.

Shyam Shekhar

Shekhar said dealing with anxiety is critical in stock investing.

Safir Anand

Sandip Sabharwal

Samir Arora

© copyright — The Economic Times


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