- U.S Markets closed higher yesterday.
- Asian markets are mostly higher.
- Dow futures are slightly higher right now.
- SGX Nifty is up 100 Points.
- Yesterday it was a volatile trading session in U.S Market.
- Yesterday was the most important Inflation numbers to be announced in U.S
- Expected Inflation was 7.3% but it actually came at 7.1%.
- As Inflation numbers came at lower than expectation this triggered a huge rally.
- Dow was up 800 Points at one point of time.
- Nasdaq was up 4%.
- During the day all these indices turned negative.
- Just to close higher slightly.
- It was a intense volatile trading day yesterday.
- Maybe market participants are waiting for Fed comments today
- This is why they must have been cautious yesterday.
- Today all the eyes would be on Fed decision.
- Bank Nifty is heading towards 45k.
- Banking stocks are leading the rally.
- Nifty might trade between 18580 to 18820 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
Comments