This section will be updated daily, providing a brief overview of the markets, along with important data points. Certain trades shall be mentioned, but they should not be considered as trading tips, we are not SEBI registered. Posts are for educational purposes only, kindly consult your financial advisor before investing. Cheers!
Hello reader, hope you’re doing well. Early Wednesday trading gains may be restricted, despite marginal increases in other Asian indices, due to lower overnight performance in US markets. However, there is a positive takeaway as the Nifty has continued to trade above its 200 DMA at 17,535. Today’s focus will be on the CPI inflation […]
April 12, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Apologies for missing out on the blog post yesterday, as I’d been travelling. A positive start has been observed in Asia’s major markets, leading to early optimism. This has resulted in an upward trend in the markets, with the Nifty index staying above its 200-day moving average at 17499.
April 11, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. As the RBI prepares to release its monetary policy update in the coming hour, the markets are likely to approach with caution and a negative outlook. This is a crucial announcement as central banks worldwide strive to control high inflation rates. The general expectation is that the RBI will
April 06, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. The local benchmark indices may face challenges in early Wednesday trading due to weak signals from SGX Nifty, which was impacted by the overnight decline in the US markets. This could adversely affect market sentiment, although banking shares are likely to be closely monitored ahead of the RBI’s monetary
April 05, 2023 – Market overview Read More »
Hello reader, hope you’ve had a good weekend. Today, markets are expected to begin on a strong note due to the positive performance of global equities and the recent resolution of the US banking crisis. This, combined with strong GST collections and renewed interest from foreign investors, should instill confidence in local investors after a
April 03, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Early trades today are expected to see markets trading higher, buoyed by positive sentiment in global equities. However, caution may be warranted as there could be intra-day volatility, given that SGX Nifty has erased nearly all of its gains. Nevertheless, investors can take comfort in the fact that both
March 31, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Despite a drop in the US markets on Tuesday, other Asian indices are giving positive signals, leading to expectations of a steady positive start in the markets. However, caution is expected to prevail due to the expiry of March derivative contracts today, a day earlier than usual because of
March 29, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Today’s trading session is expected to display initial positivity, inspired by encouraging signals from other Asian stock markets, despite a mixed performance from the US markets the previous night. Despite recent issues, there are signs that the financial problems facing major US and European banks may be diminishing, instilling
March 28, 2023 – Market Overview Read More »
Hello reader, hope you’ve had a good weekend. Nifty has opened with a gap up, bolstered by a positive performance in the SGX Nifty and the US markets on Friday. The benchmark Nifty is expected to reach the psychological level of 17,000 again, although traders should be cautious of potential fluctuations throughout the day, as
March 27, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Today’s trading session is expected to begin with caution and a negative outlook due to the SGX Nifty’s weakness, continuing the trend of unpredictable market movements. Despite this, the US markets recorded steady gains overnight. A ray of hope is the decline in US Treasury yields, as investors increasingly
March 24, 2023 – Market Overview Read More »