- U.S Markets closed higher yesterday.
- Asian markets are mostly higher.
- Dow futures are slightly higher right now.
- SGX Nifty is up 100 Points.
- Yesterday it was a volatile trading session in U.S Market.
- Yesterday was the most important Inflation numbers to be announced in U.S
- Expected Inflation was 7.3% but it actually came at 7.1%.
- As Inflation numbers came at lower than expectation this triggered a huge rally.
- Dow was up 800 Points at one point of time.
- Nasdaq was up 4%.
- During the day all these indices turned negative.
- Just to close higher slightly.
- It was a intense volatile trading day yesterday.
- Maybe market participants are waiting for Fed comments today
- This is why they must have been cautious yesterday.
- Today all the eyes would be on Fed decision.
- Bank Nifty is heading towards 45k.
- Banking stocks are leading the rally.
- Nifty might trade between 18580 to 18820 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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