View on market: Stay Cautious, be with quality business: Asian markets were set for a mixed start to trading while U.S. contracts posted muted gains after leaders in Washington expressed cautious optimism about a bipartisan deal after debt-ceiling talks Stocks futures for Australia and Hong Kong fell while…
NIFTY: The NIFTY opened at 18339.30 with a gap up of 25 points. The index continued its bullish momentum and moved further on the upside after recording its intraday low at 18287.90. Prices have rallied sharply and went above 18400 comfortably. However, the index started a consolidation process…
View on market: Stay Cautious, be with quality business: Asian markets are poised for a mixed opening as traders continue to look for clues of any breakthrough in Washington’s stagnant negotiations to avert a US default. While Japan and Hong Kong futures pointed to early gains, Australian stocks…
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NIFTY: The NIFTY opened at 18273.75 with a gap down of 24 points. The index fell further on the downside but soon found support around 18200 and bounced up. Prices have recorded its intraday low at 18194.55 and saw a sharp intraday rally of almost 150 points. The…
View on market: Stay Cautious, be with quality business: U.S. stock futures declined whereas, the picture for Asian stocks was mixed, with futures for Hong Kong down, those for Japan up and contracts for Australia’s benchmark marginally lower. The S&P 500 ended the week down 0.3% while the…
NIFTY: The NIFTY opened at 18313.60 with a gap up of 48 points. The index could not sustain at the higher levels and started moving on the downside sharply. Prices have seen a down move of almost 100 points within the first hour of trading and recorded its…
View on market: Stay Cautious, be with quality business: Stocks in Asia are set for a muted open after a mixed U.S. session that saw treasuries and the dollar rally on signals of a cooling jobs market and renewed concerns about the health of regional lenders. Equity futures…
View on market: Stay Cautious, be with quality business: Asian equity futures were mixed and the dollar held losses on Thursday after treasury yields fell on signs of easing inflationary pressure in the U.S. Contracts for the S&P 500 were little changed after the benchmark rose 0.4% Wednesday.…
NIFTY: The NIFTY opened at 1830340 with a gap up of 39 points. The index initially moved lower, filled the gap, and then found support. Prices have bounced up afterward. The index moved higher, surpassing the opening tick but could now move much higher and started finding resistance.…