View on market: Volatility Prevails, Market is searching for better value The Asia Pacific share indices experienced a varied trading session due to investors evaluating differing perspectives regarding U.S. Federal Reserve officials. According to Bloomberg, Fed Governor Christopher Waller expressed confidence in the recent decline in inflation, suggesting…
NIFTY: The NIFTY opened at 19809.60 without much of a gap. The index initially moved sideways, then broke on the downside, and saw a minor decline for about half an hour. Prices have recorded its intraday high at 19832.85 in its initial trades. The down move found support…
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View on market: Volatility Prevails, Market is searching for better value Asian equities were trading mixed, mirroring the overnight losses of Wall Street counterparts and the drop in crude oil prices due to expectations that the Organization of Petroleum Exporting Countries would continue to reduce production. In a…
NIFTY: The NIFTY opened at 19828.45 with a gap up of just 17 points. Initially, prices have moved higher but soon found intraday resistance and started drifting downwards. The index recorded its intraday high at 19875.15, saw a sharp fall, and gave up all the gains. However, the…
View on market: Volatility Prevails, Market is searching for better value Friday's opening of Asian indices was positive after Japan's inflation data was released. Except for the Kospi in South Korea, all indicators increased. In contrast to the Bank of Japan's prediction that it will slow down, Japan's…
NIFTY: The NIFTY opened at 19784 without any gap. The index initially moved higher but found resistance before reaching 19850 and turned down after recording its intraday high at 19825.55. A sharp decline took place which took prices almost 19700. However, the index could not breach its and…
View on market: Volatility Prevails, Market is searching for better value Asia stocks are expected to open cautiously. Treasury bonds declined on Thursday following a rise in US stocks and data indicating that US consumers continue to expect inflation to endure. Brent crude dropped to $81.96 per barrel…
NIFTY: The NIFTY opened at 19770.90 with a big gap up of 96 points. The index held onto its early morning gains and started moving sideways from its opening tick. Prices eventually broke higher, and saw a sharp rally in the afternoon but could not move much higher.…
View on market: Volatility Prevails, Market is searching for better value Asia markets fell as the Federal Reserve's cautious stance was reaffirmed in the minutes, and the rebound in US benchmarks stopped. Australian equities saw minimal movement, while shares in South Korea and Japan fell. Hong Kong equity…