4.5.2023 Daily Stock Portfolio performance
Today, 4.5.2023 stock market has moved up #nifty moved up +165 points (+0.92%) and closed at 18,255. #midcap100 moved up +188 points (+0.58%) and closed at 32,374. #smallcap moved up +77 points (+0.79%) and closed at 9,809. And stock portfolio moved up ₹25,679 (+1.11%) and now latest value of portfolio is at ₹23,38,586.
Today it was #bajajfinance and #hdfcbank who took charge of pulling the market along with other stocks of the portfolio and only two stocks were absent today #namindia and #marico with small down tick.
Two stocks #bdl and #hdfcbank from the portfolio has hit the All Time High before the markets.
And about overall stock markets, we have been continuously saying that market are ready to move up since 3rd March 2023 it's moving up comfortably now in single line. If markets keep the momentum intact then it will make new high very soon.
About last night us fed action, it again took the dovish stand and increased repo rate by 25 basis points. We were of the opinion that looking at the us banking crisis fed may change its stance but it didn't. But it's ok again us fed emphasis is only on "price stability" and fed is committed to bring "price stability" and markets love words like stability and certainty and hence market moved up or likely to move up in coming days.
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