- U.S Markets closed lower Yesterday.
- Right now , Dow futures are lower.
- Asian markets are lower.
- SGX Nifty is down 100-120 points.
- Yesterday was a high volatile expiry.
- Markets from being in the Positive suddenly witnessed a sharp dip.
- Markets almost closed at the lowest point Yesterday.
- Bank Nifty was the most volatile of all.
- At one point of time it was up 500 points but closed in negative.
- IT Index continues to face the Heat.
- All IT Stocks were down yesterday.
- Now , after the August Inflation data was announced at 8.3%.
- Markets are expecting a rate hike of 100 basis points.
- We have had two 75 basis points rate hikes upto now.
- This is going to be the biggest of all the rate hikes.
- Markets are fearing about this rate hike and might also be factoring in the same.
- For whole of 2022 markets have been like crazy.
- Not going anywhere but have been highly volatile.
- Nifty might Trade between 17680 to 18000 today.
- stockmarketadvisory.in
1. U.S Markets closed higher on Friday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is up 30-50 Points. 5. There's no point discussing Global markets today. 6. As we are dealing with our own local issues as of now. 7. The talk of the town is Adani Group. 8. Every stock Market participant during last 2 days have not spent as much time with their wife /gf /husband /bf as they have spent on researching Adani stocks. 9. They shouldn't have wasted so much time in research and should've spent their time with loved ones. 10. As Ultimately my Pre Market report would clear all. 11. Now , the Adani stock price has gone below the FPO price. 12. FPO price is in the range of 3100-3200 and stock price is around 2800 13. Who will subscribe to FPO when they can buy shares much cheaper from the Market? 14. Also over the weekend Adani has come up with a 450 page report addressing one by one the allegations made by Hindenberg. 15. I haven't
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