View on market: Stay Cautious, be with quality business: Fears of an impending recession, stoked by tighter monetary policy to rein in inflation, sank stocks around the world. The benchmark indices in Japan and Australia fell 2% each while South Korea's lost 1%. US futures were steady after…
NIFTY: Nifty opened at 15832.25 With a big gap up of 140 points. The index tried to hold onto its early morning gains but failed to do so and moved down after recording its intraday high at 15863.15. The decline continued for the rest of the day and…
View on market: Stay Cautious, be with quality business: Stocks and bonds in Asia gained after U.S. Federal Reserve raised rates by 75bps, but indicated that rate hikes of similar magnitude will be unlikely, going forward. Equities in Japan, South Korea and Australia advanced after U.S. markets snapped…
NIFTY: Nifty opened at 15729.25 without much of a gap. The index initially went up and then quickly went down. Prices find support around 15700 and again went up The rally faces strong resistance before reaching around 15800 and then went into a process of consolidation. The index…
NIFTY: Nifty opened at 15674.25 with a gap down of 100 points. The index initially went up and quickly turned down. Prices have recorded its intraday low around 15659.45 and taken a U-Turn. Prices have seen a sharp rally of nearly 200 points and face strong resistance around…
View on market: Stay Cautious, be with quality business: Asian stocks struggled for direction on Wednesday after S&P 500 fell for a fifth straight trading session--the longest losing streak in five months. US treasury yields and the dollar rose ahead of an FOMC decision due tonight. Shares dipped…
NIFTY: Nifty opened 15877.55 with a big gap down of 324 points. The index recorded its intraday high at 15886.15 a few ticks above the opening price and continued moving lower. Prices have added more than 100 points on the downside and then moved up. The rally found…
View on market: Stay Cautious, be with quality business: Stocks extended decline Tuesday amid a surge in bond yields due to anticipation of sharper Federal Reserve interest-rate hikes to fight inflation. Shares shed over 1% in Japan and South Korea and tumbled more than 5% in Australia. US…
NIFTY: Nifty opened at 16283.95 with a big down of 277 points. The index was not showing any strength after the opening its continue leads to down momentum whole day. However, prices found support and then give a small pullback higher side. The index recorded its…
View on market: Stay Cautious, be with quality business: US equity futures and Asian equities fell early Monday after US inflation print piled the pressure on the Federal Reserve to intensify monetary tightening. Nasdaq 100 contracts lost over 1%, while those for the S&P 500 fell. Asian futures…