A tough day to be a market analyst

Tough day to be a market analyst yesterday 😄

Till around 1 PM, the narrative was clear:
- “Global cues are dragging the markets down.”
- “Weak sentiment across geographies.”

Post 1 PM…
Markets suddenly reversed.
And so did the explanations:
- “Hopes of a ceasefire.”
- “Oil prices easing.”
- “Positive global developments.”

Same day. Same markets. Completely different stories!

The truth is: No one really knows what moved the market in the short term.
But we all love a good explanation.
And that’s what makes it interesting.
With every tick of the market…
- The narrative evolves
- The confidence remains the same 😄

Markets don’t move because of explanations.
Explanations are created because markets move.