View on market: Stay Cautious, be with quality business: Asian markets are poised for a cautious open after the U.S. equities closed lower, rounding out a turbulent month that saw global stocks drop about 3%. The S&P 500 and Nasdaq 100 both dropped in February while an index…
View on market: Stay Cautious, be with quality business: Asia markets were set for a minor advance on Tuesday after the U.S. stocks managed to log small gains as investors digested further signs of economic strength, indicating that a path of tighter monetary policy lies ahead. Australian shares…
View on market: Stay Cautious, be with quality business: Asian markets are set to fall after a heavy selling on Wall Street late last week as investors weighed-in on forecasts for the U.S. interest rates following hot inflation data. The S&P 500 and Nasdaq 100 dropped more than…
February 24, 2023
Market View 24th February 2023
View on market: Stay Cautious, be with quality business: Asian markets were mixed at opening after the U.S. stocks closed higher in a volatile session as investors await inflation data for clues on the Federal Reserve’s rate-hike campaign. The S&P 500 came back higher on Thursday, halting a…
View on market: Stay Cautious, be with quality business: Asia markets are primed for a cautious open after the U.S. shares fell, weighed down by Federal Reserve meeting minutes that underscored the central bank’s hawkish outlook and prompted investors to increase forecasts for interest rate hikes. The S&P…
View on market: Stay Cautious, be with quality business: Asian markets declines on Wednesday after the S&P 500 tumbled by the most in two months and Treasury yields rose sharply as investors price in higher interest rates. The S&P 500 tumbled 2% on Tuesday in a decline that…
View on market: Stay Cautious, be with quality business: Asian markets saw a muted open on Tuesday while the U.S. equity futures fell as investors weighed the prospect that central banks will have to tighten policy settings more than expected to tame inflation. Contracts for the S&P 500…
View on market: Stay Cautious, be with quality business: The dollar rose in early trading on Monday, adding to a third week of gains as hawkish comments by Federal Reserve officials and geopolitical tensions bolstered the appeal of the greenback. Shares fell in Japan and Australia, along with…
View on market: Stay Cautious, be with quality business: Asia markets declined, following a drop in the U.S. benchmarks after comments by two Federal Reserve officials that they were considering 50 basis-point interest rate hikes to battle persistently high inflation. The S&P 500 Index lost 1.4% and the…
NIFTY: The NIFTY opened at 17896.60 with a gap down of just 33 points. The index remained weak for the first few minutes of trading and recorded its intraday low at 17853.80.Prices have bounced up and went above 17900. The index then started a consolidation process for the…