- U.S Markets closed lower yesterday.
- Right now , Dow Futures are flat
- SGX Nifty is down 100 points.
- Markets are becoming highly irrational and volatile on daily basis now.
- On Wednesday U.S Markets gained more than 2%.
- Yesterday , all of those gains have been given up.
- Apple stock is down 8% in last 2 trading sessions.
- This is because there have been news about cutting production of apple units.
- Global economy is looking very bad now.
- Almost every country is been undergoing through some issue.
- H&M the world's 2nd largest retailer has launched a cost cutting drive today.
- To reduce the business expenses and also to tackle the global economy issues.
- When major companies start reporting of a Slowdown then it's something to worry about.
- I must say, Indian stock markets have been doing exceptionally well compared to Global markets.
- This is my 9th year in Stock Market, and before this whenever U.S Markets fell 10% we used to fall 15-20%.
- This is the first time I'm seeing our markets outperforming.
- Kudos to the policy makers that in spite of such Global turmoil Indian economy stands firm.
- When we Blame Government for wrong decisions we should thank them for the right ones too.
- In upcoming years , India will be highly benefitted from this.
- These are the times where you should sieze opportunity and grab your favourite stocks at discount.
- I've started to buy Apple stocks from yesterday.
- Ready to accumulate more on dips
- 8% fall on such quality stock is mouth watering opportunity.
- Nifty might Trade between 16600 to 16900 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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