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Counter-trend may continue for another 2-3 days
The market recovered smartly from the day low and closed at near day high.
Mkts likely to see Broad-range trading
The indices entered the gap area on Monday, but were unable to fill the gap; Mkts need to fill the gap to continue rally in coming days
Markets rebound in choppy session
Early optimism in key European indices prompt selective buying in IT, finance and healthcare stocks; Large caps gaining the most, while mid and...
Rising volatility in consolidation phase
The other reason for expecting a bounce from here is that the Nifty closed below the Bollinger lower band for the second day. Normally, this kind of...
Rate hike anxiety casting a shadow on markets
Prospects for repeated interest rate rises throughout the rest of the year have lent to fears that rapid tightening could reduce growth; The last week...
Global markets plunge again as interest rate hikes fuel recession...
The global rout in stock markets, cryptocurrencies and other risky assets has gathered pace amid growing concern that out-of-control inflation, rising...
Short corrective rallies more likely
Mkts in the US would react sharply in either direction post rate hike. Assuming it is around 75 basis points or more, expect sharp fall and if it’s...