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in Daily Report
Pre Market Report 19 Aug
US markets are relentless. Both S&P 500 and NASDAQ hit new all time highs. Asian markets are positive. SGX Nifty is up 40 points. Nothing seems to stop the market. Stock market is a forward looking machine and it appears worst is behind us and only good things lie ahead. We may see this in […] More
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in Daily Report
Pre Market Report 18 Aug
US markets remain mixed. Nasdaq, the technology index is at all time high. Tesla hit all time high yesterday. It increased it market cap to tune of one General Motors. Gold and silver has started upward again. Gold is now at $1990 and silver at $27.8 Bitcoin and other crypto assets are also on teh […] More
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in Daily Report
Pre Market Report 14 Aug
US markets closed mixed. Asian markets are slightly up. Sgx nifty is flat. Today AGR case verdict will come. Markets are waiting for it for a few days now. Defense stocks rallied yesterday, Bharat Forge , Ashok Leyland were up huge. Midcap stocks are really buzzing right now. There is a theme play running in […] More
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in Daily Report
Pre Market Report 12 Aug
US markets fell in the last hour Gold and silver fell drastically. Stairs up elevators down. Gold is now below $1900, Silver below $25. We may see deflationary bust now in all asset classes if crude pops. SGX nifty is down too. Yesterday Phrma cooled off a bit. IIP data came at -16.6% better than […] More
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in Daily Report
Pre-Market Report 11 Aug
US markets closed mixed, while DowJones was up Nasdaq the tech index was down. This clearly is a sign of over heated market. Asian markets are positive. Sgx Nifty is up 70 points, Nifty50 would open likely gap up. AGR ruling didn’t come yesterday, hearing is adjourned for friday. As anticipated defense manufucturing stocks performed […] More
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in Daily Report
Pre Market Report 10 Aug
US markets closed almost flat on Friday. Asian markets have opened mixed. SGX nifty is slightly up 30 points. This week is goint o start off with the Supreme court AGR case hearing. So Idea, Indusind bank , Airtel will be in focus. Idea, Indusind both shot up on friday, so expectations are on the […] More
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in Daily Report
Pre Market report 07 Aug
As expected, markets were volatile yesterday due to RBI monetary policy desicion. RBI kept status quo unchanged citing inflation concerns. But there was no talk of restructuring and moratorium. Bank nifty couldn’t cross 22k and fell back to 21500. Gold and silver coninuing with their rally, silver touched $30. RBI announced measure for change in […] More
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in Daily Report
Pre Market Report 6 Aug
Gold and silver are talk of the town, especially Silver. It gave a 40% up move in a matter of 13 trading days. It is trading at $27. US markets closed higher. SGX Nifty is up 30 points Stock market seems to have disconnected from ground economic situation. They say it’s the biggest divide between […] More
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in Daily Report
Pre Market Report 4 Aug
US markets Closed higher Apple , Microsoft led the rise Asian Markets are tradind higher. SGX nifty is higher by mere 20 points Reliance, Hdfc twins and ICICI bank are weak, they fell almost 10 % from last swing highs Bandhan Bank was down more than 10 % due to a block deal. RBI told […] More
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in Daily Report
Pre Market Report 3 August
US futures were down on friday, so we were also under selling pressure. After market open, US markets recovered and closed almost in green. Right now US futurres are flat. But asian markets are mixed, SGX nifty is down 20 points. Auto Sales data came during the weekend. It came out strong So auto stocks […] More
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in Daily Report
Pre Market Report 31 July
As anticipated Nifty and bank Nifty fell heavy on monthly expiry Some pe options went up 10x- 50x in a matter of minutes due to a large gamma move German GDP data was the trigger, it came very bad and DAX index fell 4 %, we followed suit immediately US futures also fell in line […] More
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in Daily Report
Pre Market Report 30 July
US markets closed higher. S&P 500 was up 1.34% and Dow Jones was .61% Fed decided to stay the course with low interest rate. Kept it at 0.25% Markets didn’t react much Asian Markets are trading higher. SGX nifty is trading slightly up. Yesterday Reliance fell more than 3% ahead of Q1 results. Seemed lik […] More