Pre Market - Snapshot - 09-09-2021

 



US equity indexes closed flat to negative on Wednesday, but ended off the session’s worst levels, weighed down by selling in the energy, materials and tech stocks.

The Dow Jones fell 0.2%, 

The S&P 500 closed just below the flatline shedding 0.1%.

The Nasdaq dropped 0.6%.

The small-cap Russell 2000 underperformed, shedding 1.1%.


US dollar index traded modestly higher near 92.7, 10 year corrected a bit to close below 1.34%, cboe vix also closed below 18. 

Crude futures saw a modest uptick, WTI moved above 69, Brent above 72.5. 

 Indian stocks closed the volatile session on a flat note, with mid and smallcaps outperforming the indices.

Both Sensex and Nifty closed  0.05% down. Bank nifty and Financial stocks were on the gaining side whereas IT and Autos lost some ground on wednesday. 


For the day watch out for weekly options expiry related volatility and continuation of consolidation at the index front. As indicated earlier wait for further consolidation/correction before loading up positions for next upmove.

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