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…
NIFTY: The NIFTY opened at 18873.30 with a gap up of 47 points. The index could not sustain at the higher levels and started drifting downwards from the opening tick. Prices recorded its intraday high at 18881.45 in its initial trades and moved lower by more than 150…
View on market: Volatility Prevails, Market is searching for better value Asian markets are poised for a mixed open on Tuesday as the rally in global equities shows signs of wavering and investors fret over China’s tepid post-pandemic recovery. Futures for Japan suggested a dip at the open…
NIFTY: The NIFTY opened at 18723.30 with a gap up of 35 points. The index continued its early morning bullish momentum and moved higher towards 17800 but found resistance before reaching there. Prices recorded its intraday low at 187 10.50 in its early trades and formed a consolidation…
View on market: Volatility Prevails, Market is searching for better value Australian dollar and U.S. equity futures rose in early Asian trading on Monday amid signs of improving ties between the U.S. and China, while contracts for benchmarks in Asia showed muted moves. Futures contracts for Australian and…