Bulls and bears are equally poised
World markets are reacting positively to the UBS buy-out of Credit Suisse. Dow futures is up around 100 points. Meanwhile, European markets are trading in the green as we write. Even though Dow futures is trading in the green, Indian markets are expected to open negatively fearing volatility. Asian markets are trading lower. SGX Nifty …
Bulls Vs Bears
After the initial gap up the bulls let the market slip again. However late in the afternoon the bulls consolidated and took control. Nifty closed above 17100 up 114 points. Bank Nifty also closed on a positive note. It was by 465 points and is now trading at 39598. Nifty bank fell sharply during the …
The Bears Have Taken a Pause the Bulls are Looking for an Opportunity
Indian markets are expected to open higher as European and US banking systems are stabilising. SGX Nifty is trading at 84 points higher at 17131 as we write. Europe and US markets bounced back after a volatile session as the European Central bank hiked interest rates by 50bps. European banking stocks had rallied in the …
Continue reading "The Bears Have Taken a Pause the Bulls are Looking for an Opportunity"
Markets To Open Positive As Wallstreet Surges Ahead Of Lower Interest Hike Expectations
The Bulls may wriggle out of the bear hug in this round of the bout...
