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- 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 bull run.
- Though stock markts have slowed down now as S&P approaching All time high.
- Now its about time, something will trigger the bubble.
- IT stocks performed well yesterday.
- SC is mulling over asking for AGR dues from Reliance Industries which is using RCOM infra.
- RIL has disagreed to pay for that. Reliance will remain weak until this issue is solved.
- So AGR case keeps on dragging. Hearing adjourned to Wednesday.
- FIIs continue to buy , though small amount of Rs 333 crores. DIIs on the other hand are on selling spree. Sold Rs 718 Crores.
- HDFC bank is caught in news now regarding US regulator investigating.
- Both Reliance and HDFC bank continue to be under pressure.
- If pressure is released, we will see a good rally upside.
- Nifty may trade betweeen 11200 to 11350.
- Bank Nifty may trade between 21500- 22000.
