- US markets Opened on a Negative note Yesterday but closed higher.
- Asian markets are mostly Trading higher.
- SGX Nifty is almost flat / Positive.
- Yesterday FII's were net sellers and they sold heavily in Pvt Sector Banks.
- Bank Nifty Underperformed Significantly yesterday.
- Due to Bank Nifty Underperformance , Nifty also was dragged.
- Supreme Court ruling on loan moratorium case is due to today.
- This is the reason why Bank Nifty under performed yesterday.
- Due to Uncertainty because of Ruling , FII's must have booked some profit.
- I expect the Verdict to be a Non event today and it might be postponed further.
- How will the Markets react to the same will be Interesting to see.
- 15000 CE added highest open interest yesterday.
- So this can act as a stiff resistance for this expiry.
- March series was highly Volatile and generally in the last week Market makes a big move.
- Expecting a big move in these 3 trading sessions.
- But for that to happen Nifty should either cross 15k or break 14500.
- As long as Nifty trades within this band this is going to be a ranging sort of Market.
- VIX declined significantly yesterday and closed below 20.
- Yesterday Markets were not much Volatile but today things might change due to SC Verdict.
- U.S VIX was down 10% Yesterday.
- Nifty might Trade between 14680-1492 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. 20. Com
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