Good morning

Nifty above 200DMA

It's party time 🎉

Main Rally 😁 due to Banks banks and only banks

In this month

Natural Gas Storage: Positive for Natural Gas



Actual: 16B

Survey: 24B

Prior: 57B

Source: forexfactory.com

Open interest in stock futures 438000 crs

Open interest in stock futures is the total number of active contracts not yet settled. The 438,000 crores figure likely refers to the notional value (contracts × lot size × stock price), indicating high market activity. This suggests strong liquidity and trader participation, potentially signaling bullish or bearish trends depending on price movements. High open interest can also mean increased volatility, as large positions may cause price swings if closed. Without price trend data, exact implications are unclear, but it reflects significant market engagement.

Proud share holder

The Dow is currently on track for its worst April performance since 1932, during the Great Depression.

The Dow is currently down -3,831 points in April, or -9.1%.

BREAKING: Gold prices officially surge above $3,500/oz for the first time in history.

Investors are piling into gold funds like never before:

Gold funds posted a record ~$8 billion in net inflows last week.

This is double the record weekly inflows seen during the 2020 pandemic.

As a result, the 4-week moving average of inflows jumped to ~$4 billion, also an all-time high.

Gold prices have now rallied 29% this year, the best year-to-date gain since 1974.

In fact, in less than 5 months, gold has already exceeded its 27% return seen in 2024.

Gold is making history