Stock Cash Market Tips Today by Ripples Advisory – 11th January 2019
Indian Markets Trading In A Small Range From Last Two Weeks, Giving No Clear Direction
Indian markets trading in a small range from last two weeks, giving no clear direction. The Small Cap Index is trading in a range of 200 points, the Index recent high is 6496 and recent low is 6303. The Nifty Index is also trading in a narrow range with a recent high of 10870 and low of 10733.
Yesterday FII+PRO in combined have sold 52824 contracts in Index Options and in the Current Expiry, they have sold 43455 contracts, which is suggesting weakness in the markets.
European markets ended Thursday's trading on a mixed note as trade talks between the U.S. and China showed no significant breakthroughs.
Overnight US stocks after opening lower closed near day high at 2597 after making a low of 2562.
Asian market after opening higher following US markets are trading in a flat range. Hang Seng Index is trading at 26575 while japans Nikkei is trading at 20325.
The US 10 Year T-Note is trading at 121.76. The Bond has broken its important low of 120.03 on 2nd Oct 2018. The US Dollar Index is trading at 94.963.
Sector Performance-
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The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making an investment decision.
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