After a gap-up opening, the markets slid downwards for most of the day. However, the advance-decline ratio was nearly even, with 26 of the Nifty50 stocks registering gains.
Among the Nifty sectoral indices, Pharma (+0.9%) and Auto (+0.8%) were the top gainers, whereas IT (-0.5%) and Financial Services (-0.4%) fell the most. While Asian markets ended in red, the European Markets are in Green . US have started in a positive mood.
Keep an eye out for SGX Nifty, Asian Markets and US markets before making trading decisions.
Nifty has witnessed four continuous days of fall and we have also witnessed FII withdrawing money. This indicates an extraordinarily strong bearish trend. We can look at crude oil prices and gold prices to understand it’s impact on the global stock market. This will be started from Monday onwards.
Among the Nifty sectoral indices, Pharma (+0.9%) and Auto (+0.8%) were the top gainers, whereas IT (-0.5%) and Financial Services (-0.4%) fell the most. While Asian markets ended in red, the European Markets are in Green . US have started in a positive mood.
Keep an eye out for SGX Nifty, Asian Markets and US markets before making trading decisions.
Nifty has witnessed four continuous days of fall and we have also witnessed FII withdrawing money. This indicates an extraordinarily strong bearish trend. We can look at crude oil prices and gold prices to understand it’s impact on the global stock market. This will be started from Monday onwards.
Billionaire Trader