Skip to main content

NIFTY AND STOCKS UPDATES

By

Markets at a Glance
A gap-up opening is likely for the Indian indices today largely mirroring positive Asian markets, as the stronger-than-expected US jobs reported on Friday, lifted investors sentiments. The in-vestors will keep a close eye over the shares of DLF and SAIL ahead of the quarterly results to-day. Meanwhile Asian shares are trading significantly higher, cheered by US jobs figures and renewed hopes from European Central bank (ECB), as ECB officials said that the central bank could intervene and buy the bonds of struggling euro-zone countries without unanimous ap-proval. Besides, China’s central bank over the weekend pledged to boost its monetary policy measures and improve credit policy to provide a fillip to the world’s second largest economy. The SGX Nifty, Aug’12 contract last traded at 5,287, up by 44 points from previous session.
Wall Street Update
The US markets rose to a three-month high on Friday, after the US payrolls data rose more than expected in July combined with a positive ISM Service boosted sentiments. The financial sector was the top performer of the day, driven by the strength in European banks on the back of a significant drop in Italian and Spanish yields. On the economic front, the nonfarm payrolls increased by 163K much better than the 100k gain expected, while nonfarm private payrolls added 172K against expectations of a 105K increase. The unemployment rate inched up slightly by 8.3% from its previous reading of 8.2%. Meanwhile, the July ISM Services index came in at 52.6, slightly above the 52.3 Briefing.com consensus, and up from June's 52.1 reading.
Previous Day Roundup (Domestic)
 Indian benchmark indices staged a smart recovery in the second half of the session to close the last trading session of the week marginally lower largely mirroring positive European markets.
 On the sectoral front, the Metal index was the biggest loser today, down with a cut of 1.6%, followed by Auto, Bankex and Realty indices down by 0.6% to 0.8%. While, the Oil & Gas, Health care, IT and Teck indices remained on buyers radar.
 The BSE Sensex closed at 17,198 down by 26 points or by 0.2% and NSE Nifty closed at 5,216 down by 12 points or 0.2%.
 The Indian rupee strengthened against the US dollar led bya late session recovery tracking

NIFTY STOCKS COMMODITIES INTRADAY TRADING SYSTEMS

Comments

Post a Comment

Popular posts from this blog

FOREX TRADING MT4 INDICATORS CAN BE FUN FOR ANYONE

By
The Facts About Forex Mt4 Indicators Revealed Scalping has come to be one of one of the most prominent forex strategies. The idea behind scalping is to open and close trading settings quickly, making a little profit at the same time. By "swiftly" we suggest a duration of time that is generally numerous minutes in duration, in some cases even a number of secs; by "a tiny revenue", a profit of 1-5 pips. Examine This Report about Forex Exit Indicators Mt4 Since scalping traders do not maintain employment opportunities for long, they are not as exposed to market volatility or swings as various other forex investors. Our forex scalpers are based upon an one-of-a-kind trading technique. Our foreign exchange scalpers were forward-tested in genuine or demo accounts. Our major foreign exchange scalpers come furnished with a GMT auto-determination component, which permits these scalpers to be made use of by any broker without further adjustments/modif...
Post a Comment
Read more

The Buzz on Forex Mt4 Strategies

By
The Facts About Forex Mt4 Indicators Revealed Scalping has come to be one of one of the most prominent forex strategies. The idea behind scalping is to open and close trading settings quickly, making a little profit at the same time. By "swiftly" we suggest a duration of time that is generally numerous minutes in duration, in some cases even a number of secs; by "a tiny revenue", a profit of 1-5 pips. Examine This Report about Forex Exit Indicators Mt4 Since scalping traders do not maintain employment opportunities for long, they are not as exposed to market volatility or swings as various other forex investors. Our forex scalpers are based upon an one-of-a-kind trading technique. Our foreign exchange scalpers were forward-tested in genuine or demo accounts. Our major foreign exchange scalpers come furnished with a GMT auto-determination component, which permits these scalpers to be made use of by any broker without further adjustments/modific...
Post a Comment
Read more

Accurate Tips, Rules and Techniques For Intraday Trading

By
Accurate Tips, Rules and Techniques For Intraday Trading We all go into the stock market to make profits and most traders go into day trading to make a substantial amount of profit daily without any long term commitments. However to make a worthwhile profit and maintain a certain standard in day trading you need to follow certain rules and techniques to maintain your profit level or even surpass it. So what are those tips, rules and techniques you need to become a successful day or intra day trader? 1) Don't trade the first 15 minutes the market opens: it's best to wait for these first few minutes and observe the market and spot potential rewarding opportunities. The first few minutes of the action are often panic trades or market orders placed the night before. It is advised even by professionals in the business to avoid this time period while also looking at the order of business for the day. 2) Newbies should avoid using margin: Margin is you borrowing mone...
Post a Comment
Read more