NIFTY: NIFTY opened at 17451 with a big gap down of 154 points. The index recorded its intraday high 17454.75 a few ticks above the opening price and continued its downside momentum. A sharp decline of 150 points brought prices to its intraday low at 17303.The index finds…
View on market: Stay Cautious, be with quality business: Stocks and bonds fell in Asia Friday after Treasuries and Wall Street shares sank on a jump in U.S. inflation to a fresh four-decade high. U.S. equity futures, Australian shares and South Korean stocks slid. The tech-heavy Nasdaq 100…
NIFTY: NIFTY opened at 17554.10with a gap up of 91 points. The index initially went down, filled the gap, and fall further to record its intraday low at 17427.15. Prices find strong support there and bounce up. A sharp rally or more than 200 points brought prices to…
Key Highlights: The MPC voted unanimously to keep the policy repo rate unchanged at 4% for the tenth time. Reverse repo rate remains unchanged at 3.35%. The stance remained accommodative, five members voted in favor, while one voted for expressed reservations. CRR is maintained at 4% Projection for…
View on market: Stay Cautious, be with quality business: Asian stocks rose Thursday following the best day for U.S. shares this month, while the 10-year Treasury yield held a drop ahead of inflation data that will shape views on Federal Reserve policy tightening. Equities in Japan, Australia and…
NIFTY: NIFTY opened at 17370.10 with a gap up of 104 points. The index recorded its intraday low at 17339 within the first five minutes of trading and then moved further on the upside. Prices then started a process of consolidation and traded in a tight, narrow range…
View on market: Stay Cautious, be with quality business: Stocks rose Wednesday bringing some relief for markets from the concerns about tightening monetary policy. Shares climbed in Japan, South Korea and Australia, while U.S. equity futures advanced. The S&P 500 closed near session highs. The Singapore-traded SGX Nifty,…
NIFTY: NIFTY opened at 17279.85 with a gap up of 66 points. The index recorded its intraday high at 17306.45 a few ticks above the opening prices and then went into consolidation. That consolidation eventually broke on the downside and prices fall further to record its intraday low…
View on market: Stay Cautious, be with quality business: Asian stocks and U.S. equity futures rose Tuesday as traders weighed the resilience of the global recovery to tightening monetary policy. Shares advanced in Japan, Australia and South Korea, shrugging off a reversal on Wall Street on Monday in…
