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P3 Financial Bulletin Weekly Market Forecast: 24th December โ€“ 30th December 2018

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Weekly Market Forecast: 24th December to 30th December The Indians market ended in red for the week. The NIFTY, closed at 10,754.00 (10,805.45 last week) down 0.47%. The BANK NIFTY, closed with a small gain for the week at 26,869.65 (26,826 last week), up by 0.16% for the week. Both BSE Midcap and BSE Smallcap closed in green. Midcap Index closed at 15,253 (15,182.84 last week) with a gain of 0.46%. BSE Smallcap index closed at 14,633.62 (14,501.76 last week) stronger by 0.91%.

Markets last week see-sawed again around interest rate hike by the US Fed. US markets weakened by about 7-8%. US markets trends have turned negative or bearish on monthly and weekly basis. However, Indian market is still in bullish trend on monthly basis. We also have support from weaker crude prices and stronger rupee. Since this week is curtailed by Christmas holidays, we expect the market to remain sideways.

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Testimonials

  • Prathmesh is really giving very good and personal service and my investments are doing good even in this down fall.

    Navnath Vhatte - Goa
  • Very good service, your money will be wisely invested.

    Sandeep Parganve - Gujrat
  • Very prompt service, very knowledgeable and up-to-date with latest happenings in market

    Bala Joshi - Goa
  • Thank you Prathamesh for your financial services.

    Sandhya Talekar - Goa
  • When I first heard of Prathamesh through my brother, I expected it to be a brief consultation and a one-off thing. However, after an hour's chat with him, and after a brief homework of sorts that he had asked of me by working out a chart of my finances before sitting down with him, I felt a grasp on my income and expenses for the first time in life. At the end of the hour - long consultation, I instantly knew I've got a consultant in Prathamesh for the future too. Since then, I've already shared his contact details with couple of other friends, who intend to get in touch with him. Thanks Prathamesh, for actually making a rural journalist to take interest in personal income and expenditure. You made it all look not so complicated.

    P. V. Srividya - Coimbatore
  • Before Investing in Mutual Funds I was really scared as it comes with its own risk factors so I always hesitated to invest in it. but, after speaking to Prathamesh I thought why not to give it a try and just invest with some small amount. Today I am happy as he suggested me to do that so atleast if nothing atleast something is getting saved. Thanks Prathamesh for guiding me the right path.

    Kalpita Nadkarni - Hyderabad
  • Investment service provider with wide range of product. Serving customers outside Goa also.. Great going.. "Investment at a call away..

    Gautami Sinai Neureker- Bangalore
  • Highly satisfactory experience in dealing. And most importantly does not give any big talks, but strictly professional in approach. Highly admire ๐Ÿ™ Wishing you all the success Prathamesh.

    Vivek Sawaiker- Goa
  • The best tax consultant and financial investment advisor in Goa. highly recommended.

    Suraj Chindalkar- Goa
  • Prathamesh is very innovative, responsive and service oriented. His timely and informative wealth reports and financial bulletins is much appreciated.

    Raj Amonkar- Goa
  • Thank you Prathamesh and P3 Investment Solutions for explaining the importance of the time value of money and saving up smartly at a young age. Your consultancy on the various financial instruments available to invest in and how I should allocate my savings in have changed the way I save my money. I would like to thank you for all the assistance you have provided me this entire year in creating an optimum portfolio for my future short and long term financial goals. Best Regards.

    Shreyas Dsilva- Goa

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