1. U.S Markets closed higher on Friday.
2. All the indices were higher.
3. Asian markets are all higher.
4. U.S VIX is now below 15.
5. VIX below 15 indicates markets are in a safe zone and there would be less Volatility ahead.
6. On Friday , we were down a bit and this was mainly because of unusual rally on the day on monthly expiry.
7. This got adjusted on Friday.
8. Usually , in the past when VIX came at the all time low , there wasn't any big move in the markets.
9. It was max 2% up or down for the whole month.
10. I think the markets are currently not much worried about the elections as Markets got confident about a BJP win.
11. State Election results have given a reasonable certainty for the same.
12. So I expect lesser Volatility in May.
13. April was also not volatile for the whole month expect in last week due to war news.
14. Inflation has also cooled off in the U.S Markets.
15. This is a good news as it would indulge a rate cut from banks.
16. My long term expectation for this year on the markets is sort of flat to low positive kind of returns.
17. Markets are fairly valued and that's reflecting in the stock prices.
18. Only those companies coming up with Fantastic results are going higher.
19. Others are just consolidating.
20. I have just done research over the weekend and have noted that many small caps and midcaps stocks have posted fantastic results compared to largecaps
21. In a growing economy, small and medium size companies do well.
22. However keep in mind that there's froth in many areas of the markets still.
23. Nifty might trade between 22300 to 22600 today.
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