Get ready for the changing world?

The world is changing rapidly around us. Faster than most people can think of. Market responds to the real life situation.

In case of war like situation stock  market will be compressed but in case of good opportunities the market will expand. 

The US tech market is up in the last few months.

Let’s discuss five stocks that were in momentum:

GameStop: The meme stock gained over 25% in the last month and 44% in the last week.

The stock has been active since it reported its first profitable quarter been in two years earlier this week.

Activision Blizzard and Microsoft 

— shot up nearly 6% after the U.K. Competiton and Markets Authority dropped some of its concerns with the potential purchase of the company by Microsoft. Microsoft gained little over 1%! 

Snap and Meta would be the “clear beneficiaries” of a TikTok ban. Snap gained over 8.5% last week and 17% in a month while meta gained nearly 4% in last week and over 21% in the last month. 

It will be a very interesting week to watch as all US indices closed upward for two weeks in a row. 

As far as india market is concerned it’s still in the hands of bears. The sluggishness may continue this week too owing to the monthly F&O expiry.

This time, the  monthly expiry will happen on Wednesday as the market is closed on Thursday owning to Rama Navami.

The market is very close to the bottom.

However. the budget amendments passed recently without discussions may have some negative impacts on the markets.

Let's wait and watch.