- U.S Markets closed lower yesterday.
- Asian markets are mostly mixed.
- Dow futures are flat right now.
- SGX Nifty is down 50-70 Points.
- Yesterday it was a volatile trading session in U.S Market.
- It was the Fed policy day.
- Fed as expected didn't give any surprises.
- It was expected that they would raise interest rates by 50 basis points.
- Fed did exactly the same.
- They increased rates by 50 basis points.
- Commentary relating to Inflation was also most important.
- This Commentary gives an idea as to what Fed thinks about the Economy.
- What all steps they might consider taking in future etc.
- FED according to me didn't sound much Hawkish relating to Inflation.
- The Commentary was on a slightly Dowish tone.
- Markets went all over the places.
- Finally settling lower.
- So all the events have been completed now.
- There are no planned events that remain for December series.
- India VIX is now at 52 week low.
- It has inched below 13.
- Nifty might trade between 18500 to 18800 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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