NIFTY: The NIFTY opened at 20127.95 with a gap up of 58 points. Prices continued its upward momentum and moved higher but soon found resistance and turned down. A sharp decline came and the index erased all the gains. Prices continued moving lower but could not break below…
View on market: Volatility Prevails, Market is searching for better value Strong economic data has stoked expectations that the Federal Reserve will be able to create a soft landing even if it maintains interest rates higher for longer, and Asian stocks are expected to follow suit. Australia, Japan,…
NIFTY: The NIFTY opened at 19989.50 without much of a gap. Prices initially moved up then quickly turned down, found support around 19950, and formed a trading range. Prices have recorded its intraday low at 19944.10 and broke on the upside.The NIFTY opened at 19989.50 without much of…
View on market: Volatility Prevails, Market is searching for better value After Wall Street mostly ignored a U.S. inflation report, Asian stocks point to a mixed opening, supporting wagers that the Federal Reserve may pause its rate hikes but warn it's not yet finished. The U.S. core consumer…
NIFTY: The NIFTY opened at 18339.30 with a gap up of 25 points. The index the NIFTY opened at 20110.15 with a gap up of 114 points. The index could not sustain at the higher levels and started drifting downwards from its opening tick. Prices have recorded its…
View on market: Volatility Prevails, Market is searching for better value On Wednesday, Asian stocks are expected to open cautiously as markets around the world prepare for a crucial inflation data that is anticipated to provide information about the trajectory of the Federal Reserve's main interest rate. Despite…