View on market: Stay Cautious, be with quality business: Asian stocks Friday tracked a Wall Street climb as concerns eased about the U.S. debt ceiling and an energy crunch. Investors are awaiting a key American jobs report and the start of trading in China after a holiday. Japanese…
October 8, 2021
Morning Outlook 8th October 2021
NIFTY: The Nifty opened at 17810.55 with a big gap up of 164 points. The index first consolidated and recorded its intraday low at 17763.8. That consolidation broke on the upside. Prices have seen an intraday rally of almost 50 points and recorded its intraday high at 17857.55.…
View on market: Stay Cautious, be with quality business: Asian stocks rose Thursday after progress on the U.S. debt-ceiling impasse lifted equities on Wall Street. Shares advanced in Japan, Australia and South Korea, while U.S. futures also climbed. The S&P 500 and Nasdaq 100 erased losses of more…
NIFTY: The Nifty opened at 17861.50 with a gap up of 39 points. The index first consolidated for the first half of trading and recorded its intraday high at 17884.60. In the second half, prices broke down from the consolidation and started a downside move. That move continued…
NIFTY: Nifty opened with negative bias due to global market but did not sustain at lower levels and got back into positive territory in the second half and closed at 17822 with a gain of almost one percent up. On the sectoral front , IT, oil&gas, banking were…
View on market: Stay Cautious, be with quality business: Asian stocks rose Wednesday after U.S. equities rebounded as traders weigh the resilience of the economic recovery to elevated inflation fanned by surging energy costs. Treasury yields advanced and the dollar held a climb. Shares rose in Japan and…
October 5, 2021
Morning Outlook 5th October 2021
NIFTY: The Nifty opened at 17615.55 with a gap up of 83 points. The index recorded its intraday low at 17581.35 within the first 5 minutes of trading and then rallied further on the upside. Prices have recorded its intraday high at 17750.90 and then saw a sharp…
View on market: Stay Cautious, be with quality business: A global selloff in stocks continued in Asia on Tuesday amid concern that surging prices for raw materials such as crude oil will stoke inflation and sap economic momentum. Shares declined in Japan, South Korea and Australia. U.S. contracts…
October 4, 2021
Morning Outlook 4th October 2021
NIFTY: The Nifty opened at 17531.9 with a gap down of 87 points. Prices fell further on the downside for the next one hour of trading and recorded its intraday low at 17452.90. The decline did not sustain afterward and prices have seen a sharp rally of almost…
View on market: Stay Cautious, be with quality business: Asian stocks started the week with gains after their U.S. peers closed higher Friday, as prospects for a pickup in growth outweighed concern over inflation pressures. Shares rose in Japan and Australia, and U.S. futures advanced. Mainland Chinese markets…