US markets were very volatile. Both Wednesday and Thursday, SGX Nifty broke 14500, low being 14456 But yesterday, US markets recovered almost half of the losses. Now SGX Nifty is down just 20, 30 points. Both Wednesday and Thursday, both FIIs and DIIs were net sellers. Together they have sold for Rs 3000 crores in […]
Yesterday Dow fell more than Nasdaq. Dow fell more than 600 points at some point and closed more than 400 points down. SGX Nifty is down by about 40 points. Stock specific action is likely to continue due to MSCI rejig Many stocks are added and few got deleted from MSCI index. Yesterday our market[…..]
US markets fell due to profit booking WHO classifies triple-mutant Covid variant from India as global health risk. Asian markets are all down Japan index is down by more than 700 points SGX Nifty is down by about 200 points So we are back to square, in the trading range of 14200-15000 Even yesterday, markets[…..]
On Friday, US jobs data came much lower than expected So markets shot up in US on Friday as interest rates may continue to be lower SGX Nifty is trading around 15K This week, Inflation data, IIP data may help Bank Nifty to move higher. Bank Nifty has been under performing Now FIIs have turned[…..]