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 »
Hello reader, hope you’ve had a good weekend. Amidst a backdrop of positive factors and an optimistic market sentiment, the SGX Nifty stands out with a vibrant green color, symbolizing its strength. With the Nifty aiming to reach new heights at 18888 and the Bank Nifty following suit, targeting to surpass its previous record of
May 29, 2023 – Market overview Read More »
Hello reader, hope you’re doing well. As we start off the June series from today, in the midst of a positive market atmosphere, the Nifty bulls are actively attempting to carry forward the wave of optimism after a strong recovery witnessed yesterday. With careful planning, the Nifty index is prepared to navigate the path of
May 26, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. The global stock markets are experiencing a wave of uncertainty as discussions surrounding the U.S. debt ceiling continue. This uncertainty is casting a shadow on the SGX Nifty (gap down opening) and keeping investors on their toes. As we await the release of the Fed meeting minutes later today,
May 24, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Early optimism is seen on Dalal Street thanks to positive global cues, but intra-day volatility may persist given the recent downward trend. The US debt ceiling could be the buy-the-rumour-but-sell-the-news-event. The recent uptick has been faster despite any major positive development in global space, hence investors are redeeming their
May 19, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. In the early trades today, it is expected that domestic markets will experience slight upward movement. This positive trend is influenced by strong global signals, following US President Biden’s optimistic outlook on reaching a debt-ceiling agreement. Despite yesterday’s weak stock market performance, there was a positive aspect as Foreign
May 18, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Positive global indicators and increased investor confidence are expected to result in a strong opening for the markets. Foreign institutional investors have been actively buying shares, encouraged by a temporary decrease in inflation, which reached its lowest point in 18 months in April. As inflation continues to decline, there
May 16, 2023 – Market overview Read More »
Hello reader, hope you’re doing well. Markets are likely to see a gap down opening in Monday trades tracking weakness in other Asian indices as risk aversion is likely to be the preferred theme. Denting sentiments will primarily be reports of ruling party BJP’s setback in Karnataka assembly elections. Also, weak Wall Street cues in
May 15, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Benchmark indices may log gains in early trades after US inflation fell to 4.9 percent in April, the lowest since April 2021, which could lift the sentiment and raise expectations of a dovish stance by the Fed in its next meeting. While global mood would dictate trend, Indian markets
May 11, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Early trades on Wednesday indicate that markets are on an upward trend, buoyed by positive performance in US and other Asian stock markets. Despite a slow finish on Tuesday, foreign institutional investors (FIIs) showed confidence in the Indian economy by purchasing local shares. The upcoming US inflation data for
May 10, 2023 – Market overview Read More »