Market on Jan 13, 2025

Daily Journal: India's industrial growth rose to a six-month high of 5.2 percent in November, compared to 3.7 percent in the previous month, data released on January 10 showed, as the economy showed some signs of recovery after a disappointing second quarter. I always try to look at the glass as half full. Be prepared for a tough week ahead 💪🏻 US markets had a weak session on Friday. All the 3 indices closed in red. Futures are also weak. 10Y US Bond Yield rises above 4.7% now. This is not good for the global equity markets. Adding fuel to the fire Brent Oil rises to 80$. Dollar index is approaching 110$ now. All these will keep the equity markets under pressure. Asian markets are also trading in red. Expect a gap down opening in the Indian markets today. I am closely looking at 2 triggers to bring stability in the Indian markets. 1. Union budget 2025 2. Q3 results and commentary for FY26