If you didn't have time to catch up on what's happening in the world of business and finance, here's a quick wrap-up of the biggest stories of the week.

Listen to the weekly briefing on Spotify, Apple Podcasts or wherever you listen to your podcasts or read it on Substack.

Spotify: https://open.spotify.com/episode/4dBjJqvhQSIxgjqz41isWa?si=3OP-OETQR2GlO7b8YmFFGg

Apple Podcasts: https://podcasts.apple.com/in/podcast/the-daily-brief/id1754694834?i=1000664868271

Read on Substack: https://thedailybriefing.substack.com/p/what-happened-in-the-markets-this?r=45bycr&utm_campaign=post&utm_medium=web&triedRedirect=true

We all crave explanations for why markets go up or down. But the reality is that millions of people buy and sell, and all we see is one single price. So, how can you possibly know why they go up or down?

Having said that, there are narratives like carry trade blow-up, the US recession, and so on. In this episode, we look at possible narratives causing the market to act like a depressed teenager.

Watch this episode on YouTube or listen on Spotify, Apple Podcasts or wherever you get your podcasts.

YouTube: https://youtu.be/hrB_s4mmXi0?si=rFDD1PaH1NonO0Bp

Spotify: https://open.spotify.com/episode/22F4Rhe8bposap0MEigE6y

Apple Podcasts: https://podcasts.apple.com/in/podcast/the-daily-brief/id1754694834?i=1000664431143

Today on The Daily Brief:

- F&OH NO!
- Are the telecom wars over?
- Will Blackstone eat Haldiram’s Bhujia?
- Ola is taking a cab to court and more...

You can listen to this episode on Spotify, Apple Podcasts or wherever you get your podcasts.

Spotify: https://open.spotify.com/episode/0GsZaan9EGbH14FXlQKbLK?si=euQQA3_cShmxMoTyijZkjw

Apple Podcasts: https://podcasts.apple.com/in/podcast/the-daily-brief/id1754694834?i=1000663867151

Elections haven't mattered to the markets in the long run. Just stick to your plan and keep investing.

The latest tranche of Sovereign Green Bonds (SGrBs) is now open for investing on Kite.

Issued by the RBI on behalf of the Government of India, SGrBs are aimed to raise funds for green projects to reduce the carbon footprint of the economy.

You can invest in SGrBs just like G-Secs, go to Bids > Govt. securities.

Learn more about SGrBs here?

https://zerodha.com/z-connect/general/invest-in-sovereign-green-bonds-sgrbs-on-kite

Z-Connect by Zerodha

Invest in Sovereign Green Bonds (SGrBs) on Kite

Sovereign Green Bonds (SGrBs) are issued by the Government of India to raise money for green projects to reduce carbon emissions. You can now invest in SGrBs on Zerodha Kite.

Our expectations about the markets are shaped by our initial experiences.

People who have witnessed bull markets are likely to be more optimistic about equities and take more risks. In contrast, those who have experienced bear markets tend to be more risk-averse and prefer fixed-income assets over equities.

The right approach is to strike a balance between the two.

In this post, we look at history to give us a sense of how bad things can get and discuss why it's important to endure a bear market?
https://zerodha.com/z-connect/subtext/you-have-to-get-punched-in-the-face-to-know-how-it-feels

Z-Connect by Zerodha

You have to get punched in the face to know how it feels

Bull markets teach bad habits. Bear markets detoxify them. However good things look, a generational detoxification will eventually arrive.

This week on It’s the economy, stupid, a simplified version of IndiaDataHub's This Week In Data newsletter:

- Marginal decline in urban unemployment
- Uptick in labour force participation rate
- April inflation numbers and more…?

https://zerodha.com/z-connect/subtext/its-the-economy-stupid-where-have-all-the-jobs-gone

Z-Connect by Zerodha

It’s the economy, stupid! Where have all the jobs gone?

India's unemployment rate refuses to go down. That misses the bigger picture, though: our labour pool is expanding rapidly. And other stories.

Today is a settlement holiday on account of Buddha Purnima. Any intraday profits from the equity segment and F&O credits from May 22, 2024, will not show in your Kite account balance today. These will show from May 24, 2024. The currency markets will remain closed for the day.

Read more: https://zerodha.com/marketintel/bulletin/378921/settlement-holiday-on-account-of-buddha-purnima-on-may-23-2024

Zerodha

Settlement Holiday on account of Buddha Purnima on May 23, 2024.

Zerodha - India's biggest stock broker offering the lowest, cheapest brokerage rates for futures and options, commodity trading, equity and mutual funds

The markets will be closed tomorrow due to elections in Mumbai. Please go out and cast your vote?

You can keep track of all market holidays here: https://zerodha.com/marketintel/holiday-calendar/

Zerodha

2024 NSE, BSE exchange trading holiday calendar - Zerodha

Zerodha - India's biggest stock broker offering the lowest, cheapest brokerage rates for futures and options, commodity trading, equity and mutual funds