2021-10-05 05:29:45
7 AM GLOBAL UPDATE:
# SGX Nifty (-152, 17559)
# Dow (-324, 34003)
# Nasdaq (-311, 14255)
# Bovespa (-2507, 110393)
# Nikkei (-667, 28820)
# Hang Seng (-319, 23716)
*SGX Nifty sinks after Wall Street tumbles on concerns about inflation and Washington’s debt feud.
*MARKET TRENDS:
# Global: Negative
# FII: Positive (+861 Cr)
# DII: Positive (+228 Cr)
# F&O: 17300 - 18000 zone
# Market Breadth: Weak
# Sentiment: Precarious
# Technicals: Overbought
# Outlook: Volatile.
*CRUCIAL LEVELS: NIFTY & BANK NIFTY:
*NIFTY (CMP 17691):
# SUPPORT: 17557/17326
# RESISTANCE: 17807/18007
# RANGE: 17557-17807
# BIAS: Neutral.
*BANK NIFTY (CMP 37580):
# SUPPORT: 36876/36211
# RESISTANCE: 37907/38377
# RANGE: 36907-37907
# BIAS: Neutral.
*NEED TO KNOW:
*Overnight at Wall Street, U.S stocks ended the day deep in the red as investors weighed several worries.
*Key negative trigger was the rapidly approaching Oct. 18 deadline by which Congress must raise or suspend the debt ceiling so that the U.S. does not default on its financial obligations.
*As of Monday’s closing,* the Nasdaq was by far the day's biggest loser, slumping 2.1% to 14,255. The S&P 500 gave back 1.3% to 4,300 and the Dow shed 0.9% to 34,002.
1.4K viewsEquity 2 Commodity, 02:29
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