- U.S Markets at one point of time were crashing.
- Dow Jones down 600 points , S&P 500 and Nasdaq were down 2% each.
- This is because Goldman Sachs predicted there would be 4 rate hikes for the year.
- Inflation is expected to be 7.1% which is quite a lot to worry if it happens In reality.
- Due to all this , there was a panic selling in first half
- In the Second half everything recovered and all is well now.
- U.S Futures and Asian markets are higher now.
- SGX Nifty is flat.
- This Wednesday , we will be having lots of news flow in our Markets.
- Inflation data by U.S , Fed statement , IIP Data , Infosys & TCS set to declare results.
- All this will be coming after the Market hours.
- This is making the World Markets jittery.
- Coming to India , we have closed at the highest point of the day yesterday.
- Both on Nifty and Bank Nifty.
- Momentum is so strong on the higher side that even a minor dip is being bought into.
- Yesterday Nifty tested 17900 and Bank Nifty tested 38000 and the dip got bought aggressively.
- Today if we sustain above 18k then we can a rally during the day as many call writers will be stuck.
- Bank Nifty 38k has witnessed huge call writing as well and they will propell markets higher.
- Nifty might Trade between 17900 to 18200 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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