Pre Market - Snapshot -17-09-2021

 


Stocks ended down on Wall Street uncertainty about economic growth. Markets in China and impact of delta variant weighed on investors. Dow fell  0.18%,  S&P 500 lost  0.16% and Nasdaq closed higher by 0.13%. Small cap Russell 2000 closed just below flat line.


US dollar index rose to 92.88, Cboe Vix moved higher near 18.69, 10 year traded near 1.34%. 


Crude futures traded flat, WTI just below 73, WTI near 75.5.

Indian stocks moved higher into new record zones led by Banking names and heavyweights like RIL. Sensex topped 59000 for the first time, Nifty crossed 17600.


For the day watch for some consolidation in stocks on global equity sentiment. Continue to trade on rotational basis and wait for some pull back for trending trades. For broader markets watch for a major breakout post Fed meet next week.

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