The Indian stock markets ended last week in red as benchmark indices witnessed sellers outpacing the buyers for the first 4 trading days of the week. Despite the FM Nirmala Sitharaman introducing additional relief measures to help the economy to recover, markets did not seem all too convinced.
Weak manufacturing sector data and dwindling Asian market sentiment weighed in on market sentiments at home.
Before moving to further updates about the markets, here’s a quote for the week…
If a picture is worth a thousand words, in business, so is a number. Click To Tweet
“If a picture is worth a thousand words, in business, so is a number.”
The Fast Moving Consumer Goods (FMCG) industry is a very unique industry, mostly because at the very heart of this industry is an average consumer – just like you and me. The world’s largest economies are also those that have the most powerful consumers in terms of spending power. Hence, it only makes sense for India to focus on its consumers if it plans to expand its economy into a large powerhouse.
India’s FMCG industry is thus on the radar of the government and investors. A slew of growth drivers are defining the growth path of this industry – rising rural incomes, growth of e-commerce and advancement of logistics, the advent of superior technology and newer growth strategies by companies – all are contributing to what might be a very bright future for FMCG in India. Read more, here.
SIP stands for Systematic Investment Plan. As the name suggests, it helps the investor allocate funds in a smart and disciplined manner. Timing the markets is a difficult task, but SIP eliminates that worry. With SIP, you can invest fixed amounts at regular intervals. You, then, stand to have an advantage over market volatility and do not need to monitor the markets constantly.
Buy more when the price is low, less when the price is high. If on the SIP date, the stock price is high, you will be able to buy a lesser number of shares. And vice versa. This ensures that you invest more at lower prices and less at higher prices, and hence your overall cost of acquisition gets averaged out. Try out investing with SIPs in smallcases for passive, long-term wealth creation. Read more about SIPs, here.
That’s a wrap for this week. Happy Investing! 🙂
Performance Update The Weekendinvesting Smallcases have had a tremendous start to the FY22 and the last 5 years and 16 weeks have been a…
Reading Time: 4 minutes In this blog, Manish points out How to Beat the Momentum Index! He explains by pitting…
Reading Time: 4 minutes Get access to the best of Indian and global stocks with the Global Opportunities smallcase
Reading Time: 3 minutes Indian stock markets ended the week in green as inflation came in lower than expected. This…
Performance Update The Weekendinvesting Smallcases have had a tremendous start to the FY22 and the last 5 years and 15 weeks have been a…
Reading Time: 13 minutes See how smallcase uses Next.js Framework to run more than 100+ website on its domain using…