- U.S Markets closed lower yesterday.
- Nasdaq has fallen more than 1000 points in just a week.
- Asian markets are now lower.
- SGX Nifty is down 150 points.
- We are again having a huge gap down today.
- Global markets are under pressure because of high inflation and rising bond yields.
- Today , U.S Inflation is set to be out and also we will have india inflation data as well.
- U.S Inflation is expected to be at a 40 year high of 8.2%.
- Indian Inflation at 6.4%
- For this whole year , Inflation and rising bond yield fears will be troubling us.
- This is not going to be an easy year to make money.
- Midcaps have been outperforming this month compared to Index.
- Midcap index is up 4-5% for the month whereas Nifty is up 1-2%.
- This shows that broader markets are doing much better compared to Index.
- TCS declared results yesterday and the street doesn't look too happy about it.
- Also Nasdaq crash will have IT stocks under pressure.
- The main problem for us is HDFC twins.
- As and when FII's wish to sell , they target these both stocks.
- These are index heavy weight stocks and they are falling rapidly.
- This is keeping index under pressure.
- Today's Inflation data and U.S markets reaction on the same will be very important.
- Most of the times , all the negatives get factored in before the event and when actual event is out markets go up.
- Today this is a possibility.
- Nifty might Trade between 17480 to 17680 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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