Nifty clings to gains, scales new record high @ 25445.70.
September 16, 2024
Review & Preview @4PM —— Monday, September 16th 2024 NIFTY (+27, 25383) Sensex (+98, 82989) Bank Nifty (+215, 52153) # Nifty clings to gains, scales
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 steady at 24965, up 38 points.
(18:20 IST)
Long story short: Jobs Number Points to a Smaller Fed Rate Cut…
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The running of bulls will continue…Nifty is likely to aim new record high!
September 16, 2024
*Morning Action @ 7 AM – Monday, September 16th 2024* # Gift Nifty is indicating positive start for our stock markets, hopefully, new uncharted territory
Nifty hits another record high. Last week’s tremors are now in the rearview mirror.
September 14, 2024
*The Week That Was @ 9:30 AM – Saturday, September 14th 2024* September 9th to September 13th 2024. Bullishness was on the rise for benchmark