NIFTY: The NIFTY opened at 21688 with a gap up of 70 points. The index tried to capitalize on the gap up but failed to do so and started moving downwards after recording its intraday high at 21726.50. Soon the index started a consolidation process and prices moved…
View on market: Volatility Prevails, Market is searching for better value Japan's Nikkei index rose more than 1%, along with other Asian indices, on Thursday after surpassing the 35,000 mark for the first time since 1990. Investors are currently awaiting Chinese trade statistics. The 3.4% year-over-year increase in…
NIFTY: The NIFTY opened at 21529.30 with a gap down of 15 points. The index initially saw a minor dip which found support quickly and prices bounced up and came into positive territory. Soon the index started a process of consolidation that lasted for the whole afternoon. In…
View on market: Volatility Prevails, Market is searching for better value Share indices in Asia-Pacific region gained in early Thursday while investors braced themselves for U.S. CPI, scheduled for release later today. In Japan, Nikkei extended its three-decade high rally, and crossed 35,000 briefly, marking the highest level…
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NIFTY: The NIFTY opened at 21653.60 with a big gap up of 140 points. The index initially saw a minor dip which found support quickly and prices have bounced up sharply afterward. A rally started which took the index above 21700. Prices found strong resistance there and started…
View on market: Volatility Prevails, Market is searching for better value While most Asian-Pacific markets saw declines, Japan's stocks continued their 34-year upward trend early on Wednesday. At 34,230.33, Nikkei was up 1.38% on the trading day. As of 6:31 a.m., the S&P ASX 200 and KOSPI were…
NIFTY: NIFTY opened at 21747.60 with a gap up of 37 points. The index initially moved sideways for the first 15 minutes of trading and then eventually broke on the downside. The index again moved down and went into a consolidation in the afternoon. That range broke down…
View on market: Volatility Prevails, Market is searching for better value As investors await a plethora of economic data from the region and the U.S., stock markets in the Asia-Pacific region saw an early rise on Tuesday, following the lead from Wall Street advances. On Thursday, the U.S.…