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in Daily ReportPre 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 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 ReportPre 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
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in Daily Report
Pre Market Report 29 July
Our markets after falling in the first half recovered back in green yesterday US markets fell But sgx nifty is trading higher, so we may not follow US markets Infact nifty closed higher up yesterday above 11300 Nifty may quickly reach up 11500 now due to momemtum We have Reliance results and monthly expiry tomorrow. […] More
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in Daily Report
Pre-market Report 27 july
This weekend remained clouded with SEBI’s new rules regarding margin and pledging mechansm. We need to see how market will react to that. Friday our markets were under pressure but regained most of it before market close. ICICI bank declared results and results seem good. Market reaction will tell the story. I’m bullish on icici […] More
