SGX Nifty is down by about 200 points without even any lockdown announcement by Maharashtra Potential lockdown in Maharashtra emerging as a serious risk Maharashtra is economically most important state in India Bank Nifty has fallen 14% from highs, beginning to price in risks Bank Nifty repeatedly halting at 100 DMA, looking very weak Nifty […]
US markets closed higher, second straight day of record high closing for S&P 500 But Asian markets are struggling and mixed SGX Nifty crossed 15000 briefly and fell Yesterday late selling in Banking and Financials dragged the markets down IT stocks will be in focus as most of them will declare results next week Due[…..]
US markets ended mixed with Dow and S&P 500 slightly higher and Nasdaq slightly lower Fed minutes indicated that accommodative policy will continue Here in India, RBI Governor came out with Indian style of QE Today Nifty future level to watch is yesterday’s high of 14950. There was huge addition of OI at 14800PE and[…..]
US markets closed mixed with DOW up and Nasdaq down SGX Nifty is showing almost 180 points higher There is no reason for such a big gap up US Bond yield down to 1.66, Dollar Index at 92.32, Crude is not down significantly Market may continue extreme volatility in a range Indian markets being suppressed[…..]