Indian Stock Market Tips- Opening bell Today by Ripples Advisory – 10th September 2018
Nifty May See Sell Off Below 11380 As Trade War And Rupee Weakening Continues
In Asian, Market Hangseng is down by 238 points as the US implemented 25-percent duties on about $34 billion in Chinese machinery, electronics and high-tech equipment, including autos, computer hard drives, and LEDs. Beijing said retaliatory measures "took effect immediately".
US president Donald Trump has been planning to hit as much as $450 billion in Chinese goods, the vast majority of imports.
Nifty is opening down up by 54 points from previous day close of 11632 Currently, Nifty trading at 11578 as per SGX Nifty.
The US 10 Year T-Note is trading at 119.67. The Bond has broken its important low of 120.03 on 28th Feb 2018. The next support level is at 117.69 which is the low of Jan 2011. The US Dollar Index is trading at 95.41.
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Disclaimer:- The views and investment tips expressed by investment experts are their own. Ripples Advisory advises users to check with certified experts before taking any investment decisions.
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