View on market: Volatility Prevails, Market is searching for better value The majority of markets in the Asia-Pacific area dropped as worries about the US Federal Reserve's hawkish comments about interest rates remaining higher for longer increased. As of 06:32 a.m., the KOSPI index was 4.36 points, or…
NIFTY: The NIFTY opened at 22053.95 with a gap up of 49 points. The index continued its early morning bullish momentum and saw a sharp upside rally. However, the index found resistance in the afternoon session and eventually broke on the downside. Prices have seen a mild recovery…
NIFTY: The NIFTY opened at 21947.90 with a big gap down of 148.85 points. The index bounced up sharply after the open and tried to fill the gap but failed to do so. Prices have found strong resistance just below 22100 and saw a sharp dip which found…
View on market: Volatility Prevails, Market is searching for better value Early on Tuesday, the Asia-Pacific region's markets saw gains as attention turned to China's industrial profit statistics. As of 06:29 a.m., the S&P ASX 200 was trading 27.80 points, or 0.36% higher at 7,808.00, and the Nikkei…
NIFTY: The NIFTY opened at 21932.20 with a big gap down of 80 points. The index initially saw a minor dip but soon found support and bounced up sharply. A rally started which took the index above 22000 levels comfortably. The index then consolidated and saw a breakout.…
View on market: Volatility Prevails, Market is searching for better value Tuesday's early trading saw most Asian-Pacific markets decline as they followed Wall Street's overnight losses. The S&P ASX 200 was down 4.50 points, or 0.058, at 7,807.40, while the Nikkei 225 was up 21.53 points, or 0.053%,…
NIFTY: The NIFTY opened at 21989.90 with a big gap up of 150 points. The index initially saw a minor dip but soon found support and bounced up sharply. However, the rally could not last long and started facing resistance around 22100. Prices moved sideways there and eventually…
View on market: Volatility Prevails, Market is searching for better value Japan's benchmark index Nikkei 225 index hit a fresh high on Friday as data showed inflation in the region rose past the Bank of Japan's inflation target of 2% in February. The Nikkei 225 was trading 0.40%…
View on market: Volatility Prevails, Market is searching for better value The Asia-Pacific region's stock markets saw gains on Thursday, as Wall Street recorded new highs following the Federal Reserve's decision to stick with its prediction of three quarter-basis-point rate reduction this year. In keeping with market expectations,…