Choppy trade in US markets while S&P500 reached a new high Fed Chair Jerome Powell assures “powerful support” to the economy “until the recovery is complete” China to release GDP data today Asian markets trading flat SGX Nifty indicating a flat start with 10 points gain Nifty back in the upper end of recent range […]
US markets gave up early gains and closed lower as new CPI data raising concerns Bond yields rose following a surprise inflation jump that triggers the debate on how long low rates can stay Dow, S&P500 & Nasdaq closed almost 0.3% lower Asian markets trading negative SGX Nifty indicating a negative opening with 40 point[…..]
US Markets – Nasdaq and the S&P 500 hitting record highs Asian markets trading higher SGX Nifty indicating a gap-up of over 100 points Call writers have been aggressive, Put writers missing Strike Open Int (lk) Change (lk) 15,800 67.1 18 15,850 36.5 18 15,900 43 9.7 Bank Nifty has been strong, defending 20 DMA[…..]
US markets closed on record highsAsian markets are trading higherSGX Nifty indicating a positive start of about 45 pointsFIIs net sold shares worth Rs 1,124.65 crore while DIIs net bought shares worth Rs 106.55 croreLooking at OI Nifty may trade between 15700 to 15900Focus will turn to Infosys and has the habit of making violent[…..]