NIFTY: The NIFTY opened at 18741.85 with a gap down of 30 points. The index continued moving lower but soon found support around 18650 and bounced up sharply. Prices have seen a sharp rally but could not surpass the early morning highs. The index again moved down. The…
June 26, 2023
Market View 26th June 2023
View on market: Volatility Prevails, Market is searching for better value Oil and U.S. equity futures edged higher on Monday while major currencies traded within narrow ranges. Contracts for the S&P 500 and the Nasdaq 100 rose about 0.1%. Contracts for the S&P 500 and the Nasdaq 100…
NIFTY: The NIFTY opened at 18853.60 without any gap up or down. Initially, the index moved up but soon found resistance and started a process of Today, the NIFTY consolidation. The sideways move broke on the downside after the index recorded its intraday high at 18886.60. Prices have…
View on market: Volatility Prevails, Market is searching for better value Asian markets were set for a mixed open after U.S. equities struggled for direction throughout most of the day before closing higher. The S&P 500 snapped a three-day slide Thursday after swinging between gains and losses earlier…
NIFTY: The NIFTY opened at 18849.40 with a gap up of 330 points. The index saw a sharp decline from its opening tick but soon bounced up and saw an up move towards 18900However, prices faced resistance before reaching there and again moved down. This time the index…
View on market: Volatility Prevails, Market is searching for better value Asian stocks face downward pressure on Thursday after U.S. equities extended declines, with Federal Reserve Chair Jerome Powell sticking to the script of higher rates to combat inflation. Contracts for benchmarks in Australia and Japan posted modest…
NIFTY: The NIFTY opened at 18752.35 almost at yesterday's closing price without any gap. The index continued its previous day's momentum and started moving lower. A decline of almost 100 points found support around 18650 and then prices formed a base there. The range broke on the upside…
View on market: Volatility Prevails, Market is searching for better value Asian markets were poised to open lower on Wednesday following declines in the U.S., with investors growing cautious ahead of the Federal Reserve chief’s congressional testimony. Futures declined for benchmarks in Japan, Hong Kong and Australia. The…
