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Showing posts from September, 2022

Pre -- Market - Snapshot 9/9/2022

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  US stock markets followups  previous days positive streak amid fed chair jerome Powell's comments on the central bank continuing to fight inflation and investors obsorbed volatility to end  Nasdaq and Dowjones in green with more than 0.6% up. USD index closed near flat after dipecting unsavoury movement in the day to end at $109.6. US Crude future WTI settled up by raising 2% in the day to end at $83.54 per barrel whereas Brent futures settled up at 1.3 % to end at $89.15 per barrel. Dalal Street continuing it's winning streak from past three consecutive days as Indian benchmark indices jumped  more than one percent to three weeks closing highs  powered by financials and IT shares to make Nifty climb to 17800 crucial level Hawkish commentary from fed policy makers is driving the markets as it seems like investors are obsorbing all bad news Markets may continue to remain volatile untill inflationary concerns cools off ,in near short-term fed may act as a watchd...

Pre -Market -Snapshot - 08/09/2022

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  US Markets posted a sharp rally on wednesday trading session and closed in green by breaking its three days loosing streak as Dowjones  and Nasdaq racks up gains upon cooling yields  where Nasdaq ended up by more than 2% whereas as Dowjones and S&P 500 ended up by more than 1.5% in the day . USD index cooled off little bit after making fresh hghs from the few days to trade at $109.53 at the end of the day. Crude futures continued to trade down as supply piles up and slow global growth is chipping away energy demand due to which US Crude Futures WTI and Brent Crude Futures ended down by more tan 5%in the day. Even though undecisiveness in investors mind , Fed interest rates tappering fearness  and weak global cues our indian markets continuing to show strength amid unfavourable global performance which made indian markets to close almost at flat after U shaped recovery upon gapdown  in the early trading session where Nifty50 and Sensex closed near to 0.18% ...