NIFTY: Nifty opened at 16187.05 With a gap down of 91points. The index quickly bounced up after recording its intraday low at 16187.05 and filled the gap within an hour. Prices rallied further and then faced an intraday resistance around 16320 and formed a trading range. The range…
View on market: Stay Cautious, be with quality business: Asian shares were subdued Tuesday after Apple Inc.’s plans to slow hiring highlighted concerns that aggressive monetary tightening to tackle inflation portends an economic downturn. Japan’s bourse struggled for traction while South Korea and Australia dipped.Asian shares were subdued…
NIFTY: Nifty opened at 16151.40 With a gap up of 102 points. The index initially moved sideways for about one and half hours and that range eventually broke on the upside. Prices have recorded its intraday low at 16142.20 in its initial trades and after the breakout prices…
View on market: Stay Cautious, be with quality business: Asian stocks and US equity futures rose amid a dip in the dollar after bets on aggressive Federal Reserve interest-rate hikes cooled. Shares climbed Monday in Australia and South Korea following a Wall Street rally Friday led by banks…
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NIFTY: NIFTY opened at 16010.80 With a gap up of 72 points. The index initially followed its early morning momentum but failed to keep it on and moved down. Prices have seen a sharp dip and filled the gap. The index then went into a process of consolidation…
NIFTY: NIFTY opened at 16018.85 With a gap up of 52 points. The index moved further on the upside for another 50 points and then found strong resistance there. Prices recorded its intraday high at 16070.85 and then started drifting downwards. The index went below 15900 and recorded…
View on market: Stay Cautious, be with quality business: Stocks fell in Asia on Friday as the dollar held a surge that underscores concerns about a global economic slowdown as monetary policy tightens to tackle inflation. S&P 500 and Nasdaq 100 futures edged up after Wall Street shares…
NIFTY: NIFTY opened at 16128.20 with a gap up of 70 points. The index initially went into a consolidation that eventually broke on the downside after recording the intraday high at 16140.Prices have seen a down move, filled the gap, and then again went into a consolidation which…
View on market: Stay Cautious, be with quality business: Stocks and US equity futures fell Thursday after sizzling US inflation data buffeted Wall Street, hardening bets on more aggressive Federal Reserve monetary policy tightening and an ensuing economic downturn. An Asian share gauge dipped, led by Japan, while…