- U.S Markets closed higher in the last 2 trading sessions.
- On Monday night U.S Markets went closer to 52 week lows and there was a sharp recovery
- Dow recovered 500 points in the last hour of trade.
- Yesterday as well the momentum did continue.
- Asian markets are higher.
- SGX nifty is flat.
- Today is the most awaited decision day.
- U.S fed rate hike.
- I sense it's already priced in into the markets.
- Risk - reward favours going long now.
- I sense all the global markets and we have made a short term bottom
- Nifty bottom should be at 16800.
- Keeping this as stoploss and can go long.
- There could easily be a 3-5% rally in Global markets after rate hike news.
- 50 basis points in the expected rate hike today.
- I don't see there would be any sort of disappointments.
- HDFC Bank and hdfc Ltd are showing good resiliency.
- Hdfc has posted very good numbers and these 2 stocks have finally stopped falling.
- The sentiment is very negative and everyone looks bearish.
- Everyone talking Nifty going to 16500 -16000 etc and that's most likely you should be on other side.
- LIC IPO is a major headwind and will suck lot of liquidity from the market.
- I will give my detailed view on LIC IPO tomorrow in the blog.
- I don't see LIC IPO listing at so much discount as Paytm did.
- Those who applied for Paytm IPO faced huge losses and hence it disturbed Market.
- I see smooth sailing of LIC IPO without a lot of turbulence to market.
- Nifty might Trade between 16980 to 17220 today.
- stockmarketadvisory.in
U.S Markets closed higher yesterday. Asian markets are higher. SGX nifty is up 150 points. Yesterday was a very tricky and unexpected session. As soon as Market opened there was a continuous selling. Market was falling left , right and center without taking any support. I was wondering why is the Market going against the global cues Then we got the news about RBI Governer press conference. So some informed people already knew about this rate hike. Hence there was a sudden selling in the markets. RBI hiked repo rate by 40 basis points and Cash Reverse ratio by 50 basis points. Repo rate is the rate at which banks borrow money from RBI. When the rate is increased banks borrow money at higher cost and in turn loans also get costlier. This slows down the growth and liquidity in the Market temporarily. Cash reserve ratio is the interest free deposit money which banks have to keep with RBI. RBI uses that money without having to pay any interest on it. Increasing CRR means RBI is
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