NIFTY: The NIFTY opened at 19462.80 with a gap up of 81 points. Initially, the index moved sideways for the first two hours of trading with support around 19450 and then saw a breakout. Prices recorded its intraday low at 19436.45 and saw an upside rally of about…
View on market: Volatility Prevails, Market is searching for better value After a conflicting US jobs data and a reversal of gains on Wall Street, which saw the S&P 500 shed over 1% of its gain, Asian markets are expected to fall. Futures for benchmarks in Hong Kong,…
View on market: Volatility Prevails, Market is searching for better value Following a drop in US stocks and Treasuries, Asian stocks are expected to open neutral as attention turns to Friday's jobs report for guidance on the direction of the Federal Reserve's next moves. Benchmark index futures for…
View on market: Volatility Prevails, Market is searching for better value As investors digested data indicating a robust U.S. labour market that will retain pressure on the Federal Reserve to maintain tight policy, Asian equities futures sank after sharp selling in U.S. markets. Contracts for benchmarks in Hong…
View on market: Volatility Prevails, Market is searching for better value Stock futures for Australia, Japan, and Hong Kong are all lower on Wednesday, indicating a depressed mood. Following a downgrading of the United States by Fitch Ratings before to the opening of Asian markets, the benchmark S&P…
View on market: Volatility Prevails, Market is searching for better value The strong sentiment on Wall Street, which saw the S&P 500 end July with its best sequence of monthly advances in nearly two years, gave Asian equities hope that the new month would begin with higher prices.…
View on market: Volatility Prevails, Market is searching for better value Asian equity futures pointed to gains across the region when markets open on Monday following a rally on Wall Street on Friday. Contracts for Japan and Hong Kong rose at least 1% while those for Australia edged…
View on market: Volatility Prevails, Market is searching for better value Asian stocks fell after a report saying the Bank of Japan will discuss tweaking policy on Friday rumbled through financial markets. The Topix and Nikkei 225 equity indexes both slid more than 1%, leading declines in Asia.…
View on market: Volatility Prevails, Market is searching for better value Asian markets are likely to be subdued on Wednesday as investors await the Federal Reserve’s rate decision, with equity futures for the region mixed and currencies holding to narrow ranges in early trading. Stocks on Wall Street…
View on market: Volatility Prevails, Market is searching for better value China is set to lead Asian stocks higher on optimism of more economic stimulus to come from Beijing, while Wall Street markets started the week with gains ahead of key central bank rate decisions. Future contracts for…
