- U.S Markets closed higher Yesterday.
- Yesterday he had the Fed event and it has gone as per expectations.
- Fed has increased rates by 25 basis points.
- Markets fell as soon as this news broke out
- But recovered all of its losses from the lowest point of the day .
- Nasdaq was up 3.7% yesterday.
- Most importantly, CBOE VIX crashed 10%.
- This is the biggest fall in VIX in last 2 months.
- Asian markets are higher.
- SGX Nifty indicating a gap up 300+ Points.
- This is another huge gap up after yesterday's one.
- Nifty in last 2 days has made a low of 16600 and now opening near 17300.
- This is a 700 point swing.
- There is no positive development from Russia-Ukraine front.
- No Positive outcome has emerged from the talks.
- Fed also indicated more rate hikes to come in coming months.
- I somehow feel SGX is over reacting today and we might get a dip close of 17100-17000 today.
- Expecting India VIX to also fall drastically today.
- Nifty might Trade between 17000-17300 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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