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Pre - Market Analysis (11th Jan 2020)

  1. U.S Markets were more than a percent higher on Friday 
  2. Asian Markets are lower now.
  3. Dow Futures are 0.5% lower now.
  4. SGX Nifty closed around 14500 on Friday night.
  5. But right now, it is trading around 14440.
  6. Mutant Corona Virus of UK has been causing a lot of issues to European Countries.
  7. London now has also imposed Emergency.
  8. TCS has already declared very good results.
  9. They have also come out with a Growth projection of double digits during next Financial year.
  10. IT stocks are the star of the pack now.
  11. Expectations are very high after TCS results.
  12. Corporate results season for this Quarter will decide the trend from here.
  13. Next Important factor after Corporate results will be the Union Budget.
  14. Today also RBI is likely to come out with its Interest Rates.
  15. Expect a Sta tus Quo policy or a lowering of interest rate.
  16. If anything apart from this then Market might react Negatively.
  17. This is also an Important event to watch on.
  18. Nifty was up 200 Points on Friday but Bank Nifty was hardly up 100 Points.
  19. HDFC bank is going to decalre results this Quarter.
  20. Maybe Markets are waiting for what comes out of the store.
  21. Nifty might Trade between 14320-14490 today.


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Pre - Market Analysis (3rd November 2022)

U.S Markets closed lower Yesterday. Right now Dow futures are higher. SGX Nifty is down 150 points. Asian markets are lower. Yesterday there was a Fed event in U.S Markets. General expectations were an increase of 75 basis points  Exactly the same happened and at 11.30 markets recovered sharply from lows  Then at 12 as Fed governer started speaking , it was a complete Hawkish statement. This induced lot of volatility and also selling pressure. U.S Markets closed at the low point of the day. Dow Jones fell 500 points. Although all this happened, U.S VIX didn't shot up It stayed flat. HDFC Bank ADR was down 2% yesterday. This could bring pressure in Bank Nifty. However I feel yesterday was an over reaction in U.S Markets. Markets should stabilize from today. 18000 is a strong support for the day. Previously as well many times Nifty went above 18k but couldn't sustain. Nifty might Trade between 17900 to 18150 today.