قالب وردپرس درنا توس
Home / Business / MARKETS LIVE: Crude, Rupee to Impact Indices; The monetary policy of RBI was observed

MARKETS LIVE: Crude, Rupee to Impact Indices; The monetary policy of RBI was observed



Top trading ideas for today

BUY CHOLAMANDALAM FINANCE

CMP: Rs 1,581.60

GOAL: Rs 1,740

STOP LOSS: Rs 1,460

The stock has reached a higher bottom formation pattern with support at 1465 in the daily chart and has now strengthened again after exceeding the significant 50 DMA level and also the 34 WMA, and we expect further upward moves in the coming days. The RSI has recently reversed the trend and maintained a positive bias. With good volume activity, we recommend buying in this stock for a target price of 1,740 with a stop loss of 1460. Click here for more
Great view from Prabhuda's Lilladher

It was a decent recovery from Nifty and BankNifty after the higher floor pattern was formed, and from now on Nifty is feeling the resistance at around 1

0750, as well as the BankNifty at around 27,000 levels. With Midcap already under pressure to sell, the odds of Nifty taking a downtrend can not be ruled out. However, support for the week is seen at 10,520 while the resistance is seen at 10,870. Markets on Friday

S & P BSE Sensex

35,227.26

-0.27%

Clever 50th

10696.20

-0.37%

S & P BSE 200

4,629.80

-0.53%

Smart 500

9,255,25

-0.65%

S & P BSE middle cap

15,852.51

-1.01%

S & P BSE Small cap

16,978.96

-1.57%

SGX Nifty

The development of SGX Nifty indicates a positive opening of the broader index in India, up 44 points or 0.41%. Skillful futures traded at the Singaporean Exchange at 10,723.50.
Asian stocks win

Asian equities rallied on Monday as strong US employment data cleared fears that tariff wars between the US and the rest of the world could weaken global economic growth.

MSCI's broadest index of Asia Pacific equities outside Japan rose 0.3%, while the Japanese Nikkei rose 1%.
Wall Street

Wall Street shares rose Friday after the latest monthly labor market report highlighted the strength of the US economy and geopolitical tensions.

The Dow Jones Industrial Average surged 219.37 points or 0.9% to 24,635.21, the S & P 500 up 29.35 points, or 1.08% to 2,734.62, and the Nasdaq Composite 112.22 points or 1.51% to 7,554.33

Benchmark indices are likely Asian equities rallied strongly on Monday as strong US employment data clears up concern that tariff wars between the United States and the rest of the world are global Could weaken economic growth.

At home, The Reserve The Bank of India (RBI) 's second monetary policy review for 2018-19 combined with the direction of foreign fund flows and global crude oil prices should set the course for the major stock indices next week.

Investors will also follow the monsoon's progress and the movement of the rupee against the US dollar for further guidance.

In the global markets MSCI the broadest index of Asia-Pacific shares outside Japan rose 0.3%, while Japan's Nikkei rose 1%.

On Wall Street on Friday, US tech stocks rallied, lifting the Nasdaq Composite 1.51% to 7.554, near the record high of 7.588 in March.


Source link