1. U.S Markets closed higher yesterday
2. All the indices closed higher.
3. Right now , Dow Futures are higher.
4. Asian markets are higher.
5. Gift Nifty is indicating a gap up of 50-60 points.
6. Yesterday the talk of the town was 28% GST being levied on fantasy betting platforms and Casinos.
7. Fantasy gaming like Dream 11 etc has destroyed the youth completely so I think it's a great policy by Government.
8. One thing is for sure , this Government is obsessed with Taxes.
9. In budget they had given the insurance shocker.
10. Now this online gaming shocker.
11. Events like these make is extremely difficult for businesses.
12. Another news was lowest CPI numbers on U.S
13. CPI Inflation came at 3% which is below expectations.
14. So it's an extremely positive news for us as a whole.
15. Nifty fell in the last 30 minutes yesterday.
16. Nifty and Bank nifty are still trading within range.
17. Do not chase stocks like Delta Corp etc which fell 30% yesterday.
18. People assume it's cheap and they keep loading stocks
19. It's a falling knife so wait for it to bottom out and they buy.
20. Nifty might trade between 19300 to 19600 today.