FOREX After a lower US ISM data yesterday, markets await the US NFP and unemployment data on Friday indicating the Dollar could remain volatile through the week. Dollar Index trades lower but can test 104 in the near term while Euro can continue trade within 1.08-1.10. EURJPY needs to break above 158 else could remain Read More
SGX Nifty Premarket
FOREX Dollar Index can head towards resistance at 104 while Euro can dip towards 1.0850-1.08. EURJPY can trade below 158 for a while. USDJPY has been rising slowly and could face rejection from anywhere within 145-147 region while Pound and Aussie may bounce from supports near 1.26/2550 and 0.66 respectively. USDCNY is bullish towards 7.30/32. Read More
It was yet again that Indian benchmark indices closed at all-time high levels. Markets recovered from early losses in the intraday session and managed to close higher. Nifty and Sensex closed at 9525 and 30659 respectively. Metal sector that surged 2% plus supported the otherwise subdued markets to close marginally up. Tata Steel that surged Read More
Indian benchmark on Tuesday got off to firm start and thereafter the benchmark slowly started gathering momentum and surged higher. In the second half of trading session indices further capitalised on the momentum and closed near day’s high. At the end of the day, the NSE’s 50-share broadly followed index Nifty, got strengthened by about Read More
Indian benchmark on Monday got off to an optimistic start and thereafter the benchmark indices traded in an extremely choppy range but protected their gains throughout the trading session and ended the first day of week on a positive note. The NSE’s 50-share broadly followed index Nifty, got strengthened by close to half a per Read More
Indian benchmark on Friday got off to a slow start and thereafter the benchmark indices witnessed profit booking and were dragged in negative territory. However, buying the final leg of the trading session helped indices to recoup some losses and ended the session with marginal loss. To end with, the NSE’s 50-share broadly followed index Read More
Indian benchmark on Thursday got off to a scintillating start; thereafter the benchmark indices traded in a narrow range, however, in the second part of trading session investors gradually started taking profits off the table and indices closed in positive territory but off the day high. To end with, the NSE’s 50-share broadly followed index Read More
Indian benchmark on Wednesday got off to an optimistic start; thereafter the benchmark indices slowly but steadily started gathering momentum and surged higher. In the afternoon session indices traded in a tight range, but in the last hour of trading session indices further capitalised on the momentum to end the session near days high. At Read More
Indian benchmark on Tuesday got off to a positive start; thereafter benchmark indices traded in a tight range near neutral line throughout the session and ended the session with modest gains. In the end, the NSE’s 50-share broadly followed index Nifty, advanced three points to settle above the crucial psychological level of 9300, while Bombay Read More
Indian benchmark on Monday got off to a gap up opening, as investors sentiments around the globe remained upbeat after Emmanuel Macron was elected French president with a business-friendly vision of European integration, however, benchmark indices remained in a narrow range and ended the session with modest gains. To finish, the NSE’s 50-share broadly followed Read More