View on market: Volatility Prevails, Market is searching for better value Asian markets were set to climb Thursday after U.S. inflation slid to a two-year low, easing pressure on global markets from rising interest rates in the world’s biggest economy. Futures for benchmarks in Hong Kong and Australia…
NIFTY: The NIFTY opened at 19427.10 with a gap up of 72 points. The index continued its bullish momentum and started moving higher after recording Its intraday low at 19406.45 in its initial trades. A sharp rally came which took the index above 19500. However, prices found resistance…
View on market: Volatility Prevails, Market is searching for better value Asian stock futures made small advances as global investors await a U.S. inflation report later Wednesday that will help shape the outlook for interest rates in the world’s biggest economy. Contracts for benchmarks in Japan and Australia…
NIFTY: The NIFTY opened at 19400.35 with a gap up of 68 points. The index initially moved down but soon bounced up and saw a sharp intraday rally which found resistance just below 19450.Prices have recorded its intraday high at 19435.85 and then moved down. The index erased…
View on market: Volatility Prevails, Market is searching for better value Asian equities were primed to rise Tuesday following gains on Wall Street and after China stepped up support for its struggling property market. Futures for benchmarks in Japan, Hong Kong and Australia climbed more than 0.5% while…
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NIFTY: The NIFTY opened at 19422.80 with a gap down of 75 points. The index bounced up sharply, filled the gap, and moved further up to record fresh lifetime highs above 19500.Prices did not sustain there long and started a V-Shaped decline after recording its intraday high at…
View on market: Volatility Prevails, Market is searching for better value Asian markets were set for mixed open on risk of higher interest rates and recession to a potential turning point for Chinese tech companies and constructive dialogue between Beijing and Washington. Friday’s session on Wall Street saw…
NIFTY: The NIFTY opened at 19385.70 with a gap down of just 13 points. The index bounced after recording its intraday low at 19373 in its initial trades and saw a sharp upside move. The rally took a pause around 19450 and then prices started a process of…