U.S. markets settled higher on Wednesday as bond yields fell following the Treasury Department’s announcement of an increased buyback operation for longer-term debt. Traders took support with the Energy Information Administration (EIA) released a report showing US crude inventories rose by 4.405 million barrels to 428.8 million barrels in the week ended August 14, marking a third consecutive weekly increase. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 1.314 million barrels in the week. Refinery crude runs rose by 216,000 barrels per day. However, gains remained capped as traders stayed cautious after minutes from the U.S. Federal Reserve's July meeting showed deepening concern about inflation, with several policymakers prepared to raise interest rates. Many said a rate hike would be needed if inflation does not decline to the U.S. central bank's 2% target.
On the sectoral front, gold stocks moved sharply higher along with the price of the precious metal, with the NYSE Arca Gold Bugs Index up by 9.3 percent to reach its best closing level in three months. Substantial strength was also visible among biotechnology stocks, as reflected by the 4.2 percent spike by the NYSE Arca Biotechnology Index.
Nasdaq increased 41.37 points or 0.16 percent to 26,331.09, S&P 500 rose 16.22 points or 0.21 percent to 7,707.98 and Dow Jones Industrial Average was up by 119.65 points or 0.22 percent to 53,463.05.
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through:
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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Name of the IA registered
with SEBI: |
The Alchemists Ark Pvt. Ltd. |
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Logo:
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Trade/Brand
Name of IA: |
MoneyWorks4Me Investment Advisers |
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Brand Logo:
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SEBI Registration Number:
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INA000013323 Validity – May 16, 2019 – Perpetual |
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Registration:
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Non-Individual |
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BSE Enlistment No:
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1187 |
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Address:
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B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045 |
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Compliance Officer
Details: |
Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com |
Telephone: +919860359463 Address: Same as IA |
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Grievance Officer
Details: |
Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com |
Telephone: +919860919463 Address: Same as IA |
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Principal Officer
Details: |
Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com |
Telephone: +919175899463 Address: Same as IA |
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Standard Warning:
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Investment in securities market are subject to market risks. Read all the related documents carefully before investing. |
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Disclaimer:
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Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. |
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