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HDFC Bank to get Huge inflows !! (3rd July 2024)



1. U.S Markets closed higher Yesterday. 
2. All the indices closed higher.
3. Gift Nifty is indicating a gap up of 80+ Points.
4. Asian Markets are higher.
5. Dow Futures are slightly lower right now.
6. Stock in the news is Tesla,  due to its sales rise the stock is up 10%.
7. Yesterday again it was a day of Consolidation 
8. NIFTY Consolidatedt within 24k-24.2k.
9. Advance - Decline ratio was almost equal Yesterday. 
10. Though the Bank Nifty was down Yesterday,  HDFC Bank outperformed.
11. So it was a concentrated market yesterday. 
12. Now,  listening to many people and talking to them , the return expectations have severely increased.
13. People are expecting 40-50% per annum returns from Equity now.
14. Anything below that is considered as trash.
15. Those who have been in markets pre -covid are very much matured and know what to expect.
16. Those who entered during Covid have seen only bull phase.
17. They haven't seen large consolidations are lengthy Bear Markets.
18. Keep your return expectations in check and purchase fundamentally sound companies.
19. Nifty might trade between 24000 to 24300 today.

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