27 years of breakout for South Africa 😃

*Key 🇺🇸 Events This Week:*

1. Markets React to Israel/Iran Escalation - Monday

2. OPEC Monthly Report - Monday

3. May Retail Sales data - Tuesday

4. Fed Interest Rate Decision - Wednesday

5. US Markets Closed, Juneteenth - Thursday

6. Philadelphia Fed Manufacturing Index - Friday

How is this looking?

INDIA MARKETS REGULATOR APPROVES NSE’S REQUEST FOR TUESDAY EXPIRY OF EQUITY DERIVATIVES CONTRACTS

BSE’S WEEKLY DERIVATIVES CONTRACT WILL EXPIRE ON THURSDAY - SOURCE

THE NEW YORK TIMES, CITING IRANIAN OFFICIALS, REPORTED THAT TEHRAN WOULD ATTACK US BASES IN THE REGION IF WASHINGTON JOINED THE WAR

40 Cr fraud by a broker of Mumbai dealing in Unlisted shares of NSE. Farar now. Delivery not given after taking money.


Be safe

Market is hardly moving

🗓️ June 21, 2025, marks 34 years since P. V. Narasimha Rao took oath on June 21, 1991, with Dr. Manmohan Singh as Finance Minister. On that historic day, the Sensex was around 1,361, and today it’s approximately 82,400—a growth of about 60× over 34 years.

📈 But focusing on 25 years—since June 21, 2000—the Sensex rose from roughly 4,000 in mid‑2000 to 82,400 today, marking about a 20× increase. Over the full span since 1991, the index has surged nearly 60 times, with experts even noting a jump from ~1,000 in 1991 to ~79,000 in late 2024 (≈79× growth) .

⸻

🇮🇳 The Indian Economy in Perspective

• 1991–2025: Sensex climbed from ~1,300 to ~82,400 → ~63× growth

• 2000–2025 (25 years): Jump from ~4,000 to ~82,400 → ~21× growth

• Annual CAGR: Broadly ~13–15% over the decades

Again no follow up on the upside after a strong move on Friday

HAL setting up for intraday

How is this?

Slow but good move

Defense stocks are now defenceless

On watch

ASAP:
As Slow As Possible
As Soft As Possible
As Sustainable As Possible
As Sincere As Possible
As Steady As Possible
Allow Space and Pause

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More of a touch and go market. It takes no time to disappear paper profit in such market conditions. So "le ke bhago" 🏃‍♂️🏃‍♂️‍➡️