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…
View on market: Stay Cautious, be with quality business: Asian stocks are volatile on Wednesday ahead of US inflation data for June. MSCI Inc.’s regional share gauge made modest gains, helped by Japan. US futures were volatile after Wall Street incurred losses, dragged by tech and energy. The…
NIFTY: NIFTY opened at 16126.20 with a gap down of 90 points. The index initially went up but failed to build the bullish momentum and saw a sharp decline after recording its intraday high at 16158.75. Prices have seen a down move of nearly 90 points, found support…
NIFTY: NIFTY opened at 16136.15 with a gap down of 84 points. The index did not fall further and started a process of consolidation in a tight narrow range. That consolidation eventually broke on the upside after recording the intraday low at 16115.50. Prices have seen a sharp…
View on market: Stay Cautious, be with quality business: Asian stocks were mostly lower Tuesday amid concerns that the upcoming earnings season, a looming U.S. inflation print and China’s struggle with Covid will stoke worries about economic prospects. The U.S. dollar rose the most in a month to…
NIFTY: Nifty opened at 16273.65 With a gap up of 141 points. The index did not sustain at those levels and quickly moved downwards after recording an intraday high at 16275.50. Prices then traded very narrowly and consolidated for almost the whole day. The index recorded its intraday…
View on market: Stay Cautious, be with quality business: Stocks in Asia rose on Monday after strong U.S. employment report on Friday and post-election rally in Japan. The possibility of more Covid curbs in China could, however, dampen sentiment. Japan shares climbed 1.5%, as ruling coalition expanded its…
NIFTY: Nifty opened at 16113.75 with a gap up of 124 points. The index initially moved lower but soon finds support and bounced up. The index came close to its opening tick. Prices have found resistance there and then again turned down for a brief period. These ups…
View on market: Stay Cautious, be with quality business: Stocks in Asia caught a modest tailwind Friday from a US rally sparked by hopes that policy makers can get inflation under control without causing a global economic downturn. Shares advanced in Japan, South Korea and Australia. US equity…
NIFTY: Nifty opened at 15818.20 without much of a gap. Prices initially moved up but soon faces resistance and then turned down. The decline quickly finds support and bounced up. The index recorded its intraday low at 15800.90 and then started moving higher. The rally continued till afternoon…