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Pre-Market Snapshot - Dec 14,2022

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US stocks turned volatile post inflation print that showed an increase on just 0.10% to 7.10%  against expectations on 0.30% rise, but stocks gave up large part of gains towards the mid day. Dow closed 0.30% higher giving up gains of 2.80% at one time during the day, Nasdaq also closed 1.01% higher from almost 3.50% gains intra day and S&P closed 0.73% higher again lost large part of intraday gains. Both USD index and 10 year came off sharply post inflation print, $ Index fell below 104 and 10 year traded below 3.50% on lower than expected inflation print. Cboe vix too declined below 23.  Crude futures continued to gain some more ground, WTI traded above 75, Brent above 80.  Indian stocks moved higher on Tuesday as banking names continued to lead higher and IT stocks recovered some lost ground. Nifty closed above 18600 and Sensex added 400 points to Monday's close.  Markets may continue to consolidate with some upward bias ahead of FED meet outcome and impending ...

Pre-Market Snapshot - Dec 6,2022

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US stocks fell as stronger than expected ISM data fueled concerns that FED will continue raising rates longer. Dow dropped 1.40%, Nasdaq lost 1.93% and S&P closed 1.79% lower.  USD index moved higher near 105.30, 10 year also jumped near 3.58% and Cboe Vix moved above 20 to close near 20.75. Crude futures traded lower following strong US ISM data and stock market weakness that raised concerns over Fed's path over rates. WTI dropped near 77, Brent near 83, a cut of near 3.00% for both the benchmarks.  Indian stocks traded in a range moving in and out of flat line on mixed lead from global equity markets. Sensex closed just below flat line and Nifty managed to close a tad in green. Metal names gained the most on possibility of more covid relaxations in China, offset by heavyweights like RIL that lost some ground.  PSU banks also gained some ground but Auto and IT names closed marginally lower.  As indicated markets may consolidate for some more time ahead of state ...

Pre -Market - Snapshot - 22-11-2022

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  US stocks edged lower led by energy names that lost ground on Chinese COVID worries taking oil prices lower. Dow traded in an out of flat line to close with cuts of 0.13% , strength in Disney failed to offset losses in energy names, S&P lost 0.39% and Nasdaq closed 1.09% lower. USD index moved higher near 107.79, 10 year traded flat near 3.82% and cboe vix closed further down near 22.36.  Crude prices recovered from intraday losses in excess of 3% after Saudi denied OPEC+ plan to raise output, WTI traded above 80 and Brent just below 88. Crude futures fell near January lows intraday on possibility of output raise which was denied later by the producers.  Financials and IT names dragged Indian markets lower for the third day in row, Sensex lost 518 points and Nifty closed below 18200. Mid and Small cap names showed some resilience in an otherwise weak market.  Markets may  consolidate further as global cues continue to remain weak and macros like dollar ind...

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% ...

Pre Market Report for 18-04-2022

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US Stock Indices are on the backfoot amid higher yields and with soaring energy prices stoking inflationary concerns as tech jiant Nasdaq felled more than 2%  whereas Dowjones closed slightly negative on Thursday closing . US Crude Futures felled 1.6% ened at $102 per barrel whereas Brent felled 1.5% to $107.16 per barrel on thrusday closing . Indian Equity markets continuing it's negative bias since few days amid inflationary concerns and global economic crisis as both  Njfty50 and Sensex closed below 0.5% negative on Wednesday closing. Considering Q4 results season watchout sectorial stocks which may benefit from inflationary factor to grab some gains from untouched stocks.  For today's trading session watchout Nifty50s 17400,17300,17150 as Support levels to grab some opportunity to short and look for most liquidity driven stocks to capture some down moves in intraday volatility 

Pre-Market -Snapshot- 24-02-2022

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 US Stock markets continuing it's selloff amid heightened geopolitical  tensions between Ukraine and russia weighing on market sentiments.Tech jiant Nasdaq down by 2.57% whereas dowjones industrial average index felled 1.38% . US  crude futures WTI settled at $ 92.10 per barrel whereas London crude futures Brent closed flattish at $96.84 per barrel on closing. Indian markets too continuing it's loosing streak Amir global markets selloff due to raising concerns between Russia & Ukraine crisis.look for weak category stocks to grab some selling opportunity in intraday . *Today's trading sessions view: Watchout Nifty50s 16800 as key support level breaking if that may trigger more weakness in markets whereas 16400 acts as next strong support.