The Numbers are In and Verdict Is Out… The Numbers: 1) Payrolls: Increased by 140,000 in August vs. an estimated increase of 160,000. 2) Unemployment rate: 4.2%, down from 4.3% in July The Verdict: US Economy Adds Less Jobs Than Expected… Dow Futures slips 33 points at 40723 after mixed jobs data while Gift Nifty […]
The Numbers are In and the Verdict Is Out… Read More »
Review & Preview @4PM —— Friday, September 6th 2024 NIFTY (-293, 24852) Sensex (-1017, 81184) Bank Nifty (-896, 50577) Dalal Street witnesses a dismal Friday’s trading session where stocks just tumbled and investors scrambled for safety. Simply put, it was sea of red amongst sectoral indices as Dalal Street had nothing to offer but blood,
It was sea of red as Dalal Street had nothing to offer but blood, toil, tears and sweat. Read More »
*Morning Action @ 7 AM – Friday, September 6th 2024* # Gift Nifty is pointing to an extremely weak start indicating Nifty to struggle for direction and on track for a skittish trading for the 3rd straight day. *7:00 AM GLOBAL UPDATE:* # GIFT Nifty 🇮🇳: (-111, 25145) # Dow Futures: (-51, 40705) # Nasdaq
It’s unbelievable, the catalysts at stock markets changes so quickly that investors do not even know how it happened so suddenly! Yes, the trading theme has changed quickly from the optimism about cooling US inflation towards fears over a slowdown in the US economy… Expect Nifty to trade skittish as all eyes turn to August
It’s unbelievable! Read More »
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