View on market: Stay Cautious, be with quality business: Asian stocks and U.S. equity futures rose Monday, amid inflation risks from commodity-supply disruptions ahead of the US Federal Reserve's meeting, which could see the central bank raised interest rates by 25 basis points. Japanese and Australian shares advanced.…
NIFTY: NIF1Y opened at 16528.80 wit ha gap down of 66 points. The index first moved down and recorded its intraday low at 16470.90. Prices then started moving higher. A sharp rally of more than 200 points came in just one hour and prices have recorded its intraday…
View on market: Stay Cautious, be with quality business: Asian equities fell on Friday, following declines on Wall Street as the fastest inflation in 40 years drove U.S. bond yields higher and raised expectations for steeper interest-rate hikes. Stocks in Japan and Australia slid, U.S. futures were little…
March 11, 2022
Morning Outlook 11th March 2022
NIFTY: NIFTY opened at 16757.10 with a big gap up of 412 points. The index first moved down and then went up and recorded its intraday high almost at the opening tick. Prices face strong resistance there and then turn on the downside. Prices slowly moved down and…
View on market: Stay Cautious, be with quality business: Asian equities rebounded, in line with global peers, on Thursday on hopes that weeks of market gyrations may have priced in the economic impact of the conflict in Ukraine. Japanese stocks rose, Australia’s index edged higher, while futures rose…
NIFTY: Nifty opened at 16078 with a gap up of 65 points. The index initially went down for the first five minutes of trading and recorded its intraday low at 15990. Prices have started moving up after that. Minor dips in between quickly find support and bulls use…
NIFTY: Nifty opened at 15747.75 with a gap down of 116 points. The index first moved up, filled the gap, and then found resistance around 15900. Prices have started moving down after that and recorded its intraday low at 15671.45. The index then consolidated about one and half…
View on market: Stay Cautious, be with quality business: Asian shares and U.S. equity futures stabilised Wednesday after U.S. and U.K. banned Russian oil imports. Shares rose in Japan and Australia. European contracts gained while U.S. contracts fluctuated as global markets remained volatile. The S&P 500 closed lower,…
NIFTY: Nifty opened at 15867.95 wit ha big gap down of 378 points. Initial prices moved down and then up to record its intraday high at 15944.60. The rally fizzled out quickly and prices have again moved down. The decline was very sharp and the index recorded its…
View on market: Stay Cautious, be with quality business: Asian stocks extended their decline Tuesday amid surging oil prices, as concerns that commodity costs will fan inflation and choke economic expansion intensified. Equities retreated in Japan, Australia and South Korea. U.S. futures were volatile after the S&P 500…