- U.S Markets closed higher Yesterday.
- Asian markets are mostly higher.
- SGX Nifty is up 150 points.
- Yesterday it was a treacherous expiry.
- Until 1 pm markets were rangebound.
- Nifty was trading in a band of 100 points.
- But then there was a sudden sell off in the Markets.
- Most of the Nifty stocks fell from days high to close at days low.
- Volatility has picked up since the last week.
- Nifty from 18000 went to 17350 and then 17700 finally closing below 17500.
- This was the Volatility in the last week.
- Yesterday I expected FII sell figure as markets fell drastically after 1 pm.
- To my surprise institutional net figure was positive
- Why had markets made such erratic move despite the same is a burning question.
- Reason might be due to expiry related issues.
- Yesterday was the monthly plus weekly expiry.
- So during such expirys markets tend to be more volatile.
- We are starting off September series with a positive note with today's gap up
- Nifty might Trade between 17600 to 17800 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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