70 POINTS DOWN, SGX NIFTY: MARKET CHANGES

Asian people are tracking weak cues from the domestic market. The domestic market set to open on an adverse call.  

US stock-settled. It is mixed on Monday. Everyone is waiting for Jerome Powell, The economic advisor.  

He is also a former investment banker, the fifteenth chair of the federal reserve.  

Traders are waiting for his testimony tapering cues. They have fair; he can help them to handle the situation. It is possible; covid cases can control the arising situation in the market. It breaks down and the pre actions of the market. Q3 earning in the back home can also control the arising situation in the market. 

MARKETS AND THEIR STATES 

In starting, NGX nifty was showing negative signals. Nifty futures were trading in Singapore exchange trade at 68.5 points. In percentage, it is 0.38 per cent. It is lower at 17979. It signals that Dalal street had a negative start. On Tuesday, Dalal street headed the start.  

Nifty50 claims 18000 mark, viewed technically in domestic Market. In the previous two sessions, it has made indecisive candles. On the daily chart, it formed a bullish chart on a daily basis afterwards. Analysis of the market is complete. Analysis shows that the index has come out of the range. There is a possibility of more upsides. All of it was the technical view of the market. 

There is a marginal increase in the fear gauge. It increased to 17.68 level on Monday. Its closing was at 17.06 on Friday. This all was about INDIA: VIX. 

Wall Street worries about shifting US monetary policies for addressing inflation. Wall Street shares have ended mostly down. On Tuesday, Asian stocks opened lower. This resulted after wall street shares were down. In MSCI’s index, Japan was down by 0.26 per cent. Shares of Asia-Pacific are outside Japan in MSCI’s index. 

There is a drop-in Australia’s ASX200 of 0.89%. Plunged 1.23% Japan’s Nikkei. 

US stocks are settling in lower levels. Investors are worried about the rising interest rate. Late in the session, Nasdaq had a furious comeback. Domestic market Investors are hunting for a bargain after the comeback of Nasdaq. US stock ended down in the beginning, but Nasdaq’s comeback had a great impact.  

0.05% to 14942.83 inched up Nasdaq. 0.14% to 4670.29 declined S&P 500. 0.45% to 36067.87 dropped Dow Jones. 

Traders are waiting for policy hints, Dollar stagnates. Later in the day, Fed Chair Jerome Powell will tell the timing and pace of policy normalization, new clues. Traders are looking for incumbent nomination hearings.  

The hearing will be there at a later day for new clues. The US Dollar hovered in the middle of the recent range against major peers. 

Index of Dollar, pinned at 95.93. At $1.13325 Euro was flat about.  

At $1.35825 Pound held stable. Yen inched to 115.23 per Dollar up. At 6.3725 Yuan exchanged hands against the greenback. 

FPIs sold the share worth Rs 124 crores. Sellers of domestic market stocks turned to the tune of Rs 124.23 crores. Data available with NSE suggested it. Foreign portfolio investors turned the sellers, net-net. 

Data also suggests that net buyers turned to the tune of Rs 481.55 crores. DIIs turned the net buyers.   

MONEY MARKETS 

In Q3 the domestic market, they are earning. Vikas Proppant & Granite, Earum Pharmaceuticals, Radhe Developers(India),  Delta Corp, National Standard and Ganesh Housing Corporation, all these companies will announce their December quarter results today. 

There is a Second straight session rise in the rupee. On Monday, the rupee surged. The rupee surged by paise to close at 74.05 against the US dollar. There is robust buying in domestic equity. 

After India is trading in the 66.55 – 6.60 range on Monday, Indian’s domestic market 10-year bond spiked 0.73 per cent to 6.59. It was ten years bond.