- U.S Markets closed higher Yesterday.
- Asian Markets were on fire Yesterday.
- Right now the Dow Futures and Asian Markets are higher.
- SGX Nifty right now is at 17860.
- Usually when the Wednesdays are very volatile it's always a sideways expiry.
- Yesterday was quite a silent and sideways expiry.
- From today we will be having Corporate results coming up.
- TCS will be the first company to declare results.
- My Gut feeling is that this Quarter is going to be fantastic for all the sectors and profits would be the highest ever witnessed.
- Many of the promoters and Directors will be surprised looking at the performance.
- Demand is quite high across all the sectors currently.
- Yesterday Mahindra lauched XUV and 25000 bookings were done in 57 minutes.
- These are some extraordinary numbers reported by any Auto Company.
- Diwali is coming up and last year Indians couldn't celebrate it due to Covid.
- This year we Indians would be celebrating it twice as grand as possible.
- Titan has shot up 10% due to Festive demand.
- Today the Major event is RBI policy.
- RBI Governers comment would be closely watched and Bank Nifty is likely to be Volatile.
- I expect no change in stance relating to interest and Bank Nifty to cross 38k today.
- Things are looking really bullish in the current scenario.
- Nifty might Trade between 17750 -17950 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. Dow Jones was flat. 3. Nasdaq was the underperformer. 4. Gift Nifty is down 30-40 Points. 5. Asian markets are mostly lower as well. 6. Friday the Nifty opened with a gap down of 200 points. 7. Within the next 10 minutes , Nifty recovered 100 points. 8. Bulls expected recovery is on the cards but Nifty started to Crack. 9. Bank Nifty was holding up Nifty for most of the while. 10. It couldn't be able to provide much of a support and Bank nifty also began to correct. 11. The issue now is market has had vertical rallies. 12. One way quick rallies so now the downfall will also be vertical. 13. When markets go up quick , they come down quicker. 14. Infy dragged the mood and also HUL didn't post extraordinary results so it was also a laggard. 15. Banks tried hard to hold the markets but couldn't. 16. Over the weekend , AU Bank and icici bank reported very good numbers. 17. These banks have already rallied a lot before results
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