Hello reader, hope you’re doing well. Markets may start on a cautious note with SGX Nifty displaying a mixed trend with most of the Asian indices faltering in early trades. However, if Friday’s strong positive session is any indication then Nifty will continue to be in charge and all bullish eyes will be on the […]
June 19, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. The positive momentum in global markets and expectations of a more dovish approach from the Federal Reserve are likely to lead to a strong opening for markets. Additionally, the recent trend of Foreign Institutional Investors (FIIs) becoming net buyers with a substantial investment of Rs 3086 crore in the
June 16, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Expectations for a challenging start to Thursday trading on domestic stock exchanges are high due to the weakened SGX Nifty following a mixed overnight closure of US markets. Although the Federal Reserve chose to maintain the current interest rates, the possibility of a 50 basis point increase in key
June 15, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Markets may witness upward trajectory in Wednesday trades following sharp gains in the US markets after the country’s inflation moderated, thus raising hopes that the Fed may take a dovish stance in the wake of cooling inflation. Another global factor that could help keep local traders in good stead
June 14, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Markets may usher in gains in early Tuesday trades amid a sharp rally in overnight US markets even though Asian gauges are trading mixed. Markets are growing hopeful about the US economy and the interest-rate picture, and are counting on a pause in interest rate hike by the Federal
June 13, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Back after a week’s hiatus as I’d been travelling. Local stocks showed early signs of optimism as the SGX Nifty experienced significant gains following a higher closing in the US markets on Friday. However, the overall sentiment has been shaken by the unexpected interest rate hike by the Bank
June 12, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. U.S. stock indexes closed up on Thursday as signs of slowing wage pressure on inflation raised hopes the Federal Reserve will pause raising interest rates in two weeks, and investors welcomed a vote in Congress to suspend the U.S. debt ceiling. Asian stocks surged on Friday as the progress
June 02, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Thursday’s trading session is expected to begin with a lackluster performance for domestic equities, primarily influenced by a correction in the overnight US markets and a subsequent decline in various Asian indices. The early market sentiment appears to be sluggish or negative, potentially due to concerns surrounding the US
June 01, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Markets may see a cautious opening with a slightly negative bias in Wednesday trades amid weak global cues, with sentiments a bit dented on fears that a debt-ceiling deal could be derailed. Vote on the deal to raise the USD 31.4 trillion debt ceiling could be announced later today.
May 31, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. There is a positive outlook for early trading on Tuesday as optimism from other Asian markets is expected to influence local investors in a positive manner. Despite the closure of US markets on Monday, the focus of trading still revolves around the agreement between US President Joe Biden and
May 30, 2023 – Market Overview Read More »