NIFTY: Nifty opened at 15917.40 with a big gap down of 323 points. The index initially consolidated after recording its intraday high at 15984.75 in its initial trades. The consolidation sooner breaks on the downside and prices have seen a sharp decline. On the downside, the index added…
View on market: Stay Cautious, be with quality business: Equities in Asia and US futures rose on Friday even as concerns over global economic outlook and China’s Covid-19 struggles persisted. Stocks gained in Japan, South Korea and Australia, after Wall Street shares saw modest gains on Thursday. The…
View on market: Stay Cautious, be with quality business: Asian equities and U.S. futures fell after fears of an economic downturn spurred a flight to havens in the Wall Street. Equities declined in Japan, Australia and South Korea after S&P 500 lost 4% -- the steepest one-day fall…
NIFTY: Nifty opened at 6318.15 wit ha gap up of 59 points. The index rallied further on the upside and then finds resistance around 16400. The index recorded its intraday high at 17399.80.Prices then started a process of consolidation that eventually breaks on the downside. The index recorded…
View on market: Stay Cautious, be with quality business: Asian stocks rose Wednesday after a rally in U.S. stocks amid hopes of an easing crackdown on Chinese technology firms. Treasuries fell after U.S. Federal Reserve Chair Jerome Powell said that the central bank "won't hesitate" to tighten monetary…
NIFTY: Nifty opened at 15912.60 with a gap up of 70 points. The index recorded its intraday low at 15900.80 a few ticks below the opening price and moved higher. Prices have seen a strong intraday rally today throughout the day. Minor dips in between were quickly bought…
View on market: Stay Cautious, be with quality business: Asian stocks rose on Tuesday amid signs of an economic slowdown due to pandemic-induced curbs, inflation, and tightening monetary settings. The Japanese markets advanced, U.S. and European futures rebounded after Wall Street logged losses on Monday. The Singapore-traded SGX…
NIFTY: Nifty opened at 15845.10 with a gap up of 63 points. The index first moved down, filled the gap, and recorded its intraday low at 15739.60 within the first five minutes of trading. Prices then rallied for about one hour and recorded its intraday high at 15977.95.…
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NIFTY: Nifty opened at15977 with a big gap up of 169 points. The index first tried to fill the gap and moved down. However, prices found support and then rallied higher. The index recorded its intraday high at 16083.60 in the afternoon and then found strong resistance there.…