- U.S Markets were more than a percent higher on Friday
- Asian Markets are lower now.
- Dow Futures are 0.5% lower now.
- SGX Nifty closed around 14500 on Friday night.
- But right now, it is trading around 14440.
- Mutant Corona Virus of UK has been causing a lot of issues to European Countries.
- London now has also imposed Emergency.
- TCS has already declared very good results.
- They have also come out with a Growth projection of double digits during next Financial year.
- IT stocks are the star of the pack now.
- Expectations are very high after TCS results.
- Corporate results season for this Quarter will decide the trend from here.
- Next Important factor after Corporate results will be the Union Budget.
- Today also RBI is likely to come out with its Interest Rates.
- Expect a Sta tus Quo policy or a lowering of interest rate.
- If anything apart from this then Market might react Negatively.
- This is also an Important event to watch on.
- Nifty was up 200 Points on Friday but Bank Nifty was hardly up 100 Points.
- HDFC bank is going to decalre results this Quarter.
- Maybe Markets are waiting for what comes out of the store.
- Nifty might Trade between 14320-14490 today.
- stockmarketadvisory.in
1. U.S Markets closed higher on Friday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is up 30-50 Points. 5. There's no point discussing Global markets today. 6. As we are dealing with our own local issues as of now. 7. The talk of the town is Adani Group. 8. Every stock Market participant during last 2 days have not spent as much time with their wife /gf /husband /bf as they have spent on researching Adani stocks. 9. They shouldn't have wasted so much time in research and should've spent their time with loved ones. 10. As Ultimately my Pre Market report would clear all. 11. Now , the Adani stock price has gone below the FPO price. 12. FPO price is in the range of 3100-3200 and stock price is around 2800 13. Who will subscribe to FPO when they can buy shares much cheaper from the Market? 14. Also over the weekend Adani has come up with a 450 page report addressing one by one the allegations made by Hindenberg. 15. I haven't
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