- U.S Markets were more than a percent higher on Friday
- Asian Markets are lower now.
- Dow Futures are 0.5% lower now.
- SGX Nifty closed around 14500 on Friday night.
- But right now, it is trading around 14440.
- Mutant Corona Virus of UK has been causing a lot of issues to European Countries.
- London now has also imposed Emergency.
- TCS has already declared very good results.
- They have also come out with a Growth projection of double digits during next Financial year.
- IT stocks are the star of the pack now.
- Expectations are very high after TCS results.
- Corporate results season for this Quarter will decide the trend from here.
- Next Important factor after Corporate results will be the Union Budget.
- Today also RBI is likely to come out with its Interest Rates.
- Expect a Sta tus Quo policy or a lowering of interest rate.
- If anything apart from this then Market might react Negatively.
- This is also an Important event to watch on.
- Nifty was up 200 Points on Friday but Bank Nifty was hardly up 100 Points.
- HDFC bank is going to decalre results this Quarter.
- Maybe Markets are waiting for what comes out of the store.
- Nifty might Trade between 14320-14490 today.
- stockmarketadvisory.in
1. U.S Markets closed lower YESTERDAY. 2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation. 11. All these news have spooked the Global Markets. 12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday. 14. Although it doesn't impact us at all , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive 16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low...
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