- US markets closed a bit higher yesterday.
- Asian Markets are a bit lower.
- SGX Nifty is Trading near 14450 now.
- Yesterday due to ICICI Bank results Bank Nifty was up more than 700-800 Points.
- ICICI Bank has one of the highest weightage in Bank Nifty.
- Also there was a bit of short covering Yesterday in both the indices.
- U.S and Partner countries have agreed to help and provide assistance relating to Covid.
- This is a positive sign and will be taken in a good note by the Markets
- Tesla came out with good results Yesterday.
- Today Axis Bank will declare after Markets hours.
- The NPA Percentage and slippages will be iin focus.
- In the Short term 14200 is a good support and looks as we have made a short term bottom there.
- Yesterday the former Chairman of Maruti expired so Maruti was down.
- Maruti and Bajaj Finance are also set to declare results today.
- Markets will react and move based on results from here on.
- This is an Important results season.
- Corona Virus problems still continue.
- Positive aspect is we are becoming stronger and are finding more ways to combat the virus.
- Nifty might Trade between 14320 to 14620 today.
- stockmarketadvisory.in
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
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