Hello reader, hope you’re doing well. Markets may see a volatile opening as SGX Nifty has been witnessing sharp gyration even as key US indices bounced back sharply from the recent slump to end sharply higher in overnight trades.Going by the recent uptrend, there are chances that the Nifty could re-capture the psychological 18,000-mark. FII […]
April 28, 2023 – Market overview Read More »
Hello reader, hope you’re doing well. The initial trading session is expected to be lackluster due to a decline in US markets overnight, which may negatively affect investor confidence. Nonetheless, as the options and futures (F&O) contracts for the current month are set to expire today, a cautious approach is likely to prevail. Concerns about
April 27, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Early trades today can witness a sharp decline in markets as key US indicators experienced a setback overnight due to renewed banking issues. This came to light as First Republic’s shares plummeted by 41%. The bank reported a loss of more than USD 100 billion in deposits during the
April 26, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Early buoyancy could be seen on the back of firmness in SGX Nifty, although US markets ended mixed while several Asian gauges are displaying a negative sentiment. While intra-day markets may continue to be choppy, value buying in the beaten down counters could be seen after last week’s fall. The
April 25, 2023 – Market Overview Read More »
Hello reader, hope you’ve had a good weekend. Today’s trading session is expected to see a strong start in the markets, aligned with the upward trend observed in SGX Nifty, despite mixed trading in most Asian indices. The corporate earnings of ICICI Bank and Reliance Industries have met market expectations, which could drive activity in
April 24, 2023 – Market Overview Read More »
Stanley Druckenmiller is a name that is synonymous with success in the world of finance. His reputation as one of the greatest investors of all time is well-earned, having built one of the most successful hedge funds in history, Duquesne Capital Management. Druckenmiller’s trading style is characterized by his ability to identify macroeconomic trends and
The Maverick Investor: The Unconventional Approach of Stanley Druckenmiller Read More »
Hello reader, hope you’re doing well. Markets today are expected begin with minor gains, but the unfavorable trends in other Asian markets could pull down the local shares and lead to a period of lateral movement during the day. The primary reason for this pessimism is the resurgence of Fed hawks, and traders are presently
April 21, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Today, it is possible that markets will open strongly due to a rise in SGX Nifty, but there are mixed trends in other Asian markets. However, during the day, local benchmarks may move sideways because concerns about more rate hikes in key European economies and the US may dampen
April 20, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Today, the markets are expected to have a slow start and a slightly negative bias due to the flat closing of overnight US indices. Despite the traditional “Sell in May” lull, there may be some upward movements for Nifty, although they could be limited. Nevertheless, there is positive news
April 19, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. In the early hours of Tuesday trading, the local market sentiment is expected to be dampened by the weakness observed in most Asian indices and SGX Nifty, despite the sharp rebound of key US gauges in the previous night. Even though the overall mood could remain choppy following the
April 18, 2023 – Market Overview Read More »