Most known factors, such as the expectation of a 25 basis point rate cut by the Federal Reserve, have already been priced into the market, and the domestic market lacks new catalysts, leading to consolidation. Mixed global signals suggest that the ...
Dear Smart Investors, Greetings !! We are a SEBI regd Investment Advisory Services and we do provide Free updates on Website to spread Financial Education. New articles have been published on Indian-Share-Tips.Com. Do check our Best Bank Nifty Option Tip for Intraday which gets you Daily Profit with a small capital of Rs 10,000. You can visit at https://www.indian-share-tips.com/2009/09/best-nifty-future-tips-100-guaranteed.html Speak to Analyst at 09988877963 or send an email at Support@Indian-Share-Tips.Com and You will Listen from us in less than 3 hours. Please Click on Below links given out of this black border box to access latest updates. Regards Indian-Share-Tips.Com 9988877963 | | Most known factors, such as the expectation of a 25 basis point rate cut by the Federal Reserve, have already been priced into the market, and the domestic market lacks new catalysts, leading to consolidation. Mixed global signals suggest that the market needs a healthy consolidation period to return to more comfortable valuation levelsFrom a technical perspective, small candlesticks on the daily RBI may start cutting rates fromDec'24 if the Fed acts in Sep'24But the Fed may not cut from Sep'24if the August unemployment rate doesnot further surge above 4.3-4.5% U.S. Key Data Interpretation:ISM Manufacturing Employment (August) Actual Value: 46.0, up from the previous 43.4Although the data is still below 50, indicating that the manufacturing employment market remains weak, it shows improvement compared to before. This may partially alleviate market concerns about economic downturns, but overall, a figure below 50 still reflects challenges in the Gautam Adani and his family topped the 2024 Hurun India Rich List, with their wealth increasing by 95% to ₹1,161,800 crore. Mukesh Ambani ranked second on the 2024 Hurun India Rich List, with a wealth of ₹1,014,700 croreAs the wealth of the rich continues to grow, India has seen a new billionaire emerge every five days over the past year, making the total number of dollar billionaires exceed 300 Animals connotation in Stock Market ranging from bull, bear, pig, chicken, wolf, rabbit, turtle and whaleEach animal represents behaviour of market or the nature of investor In the future, it will be important to closely monitor the recent performance of Bank Nifty. The index has recently outperformed the benchmark Nifty 50 and has successfully stabilized above 51,500 points after a month of volatility. Today, Bank Nifty rose by 250 points to 51,689 points and formed a bullish candlestick pattern with a long lower shadow on the daily chart. This pattern typically Kal pe Nazar (04-September-2024)📈 Market Recap:Nifty started on a positive note, traded within a narrow range of 25,235-25,310 throughout the session, and ultimately closed unchanged. The Nifty Midcap 100 index outperformed the Nifty 50, recording a gain of 0.25%.📊 Sector Performance:Top Performers: Consumer Durables, Financial ServicesLagging Sectors: Metals, Media🔍 Options Market Insights: Hindustan Aeronautics: Rs 26,000 crore boost to Navratna PSU! Modi govt's BIG Su-30 MKI order for HAL | |