General

Global Stock Indices As predicted, US stocks opened downward in today’s Asian hours. It made a high of 3149 in the previous session followed by a low of 3132 today. US market closed negative in the previous session. For Tuesday and Wednesday, trend is positive. After FOMC in the next session, sharp correction is indicated. […]

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Global Stock Indices The week ahead is eventful. On 11th December, it is the FOMC; according to our view the interest rate may remain unchanged. After Powell’s statement, stock market might witness a sharp correction that may continue till the weekend. Next week, a considerable weakness is possible in S&P500. Next Monday, gap down opening

Indian Stock Market Indian market traded as per our prediction in the previous session. Nifty (Fut) made a high of 12116 and low of 12026 while Bank Nifty (Fut) made a high of 32100 and low of 31705. Despite mass expectations, RBI remain unchanged in interest rate. RBI has also cut annual GDP growth forecast

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