Stock Market & Money

2021-09-02 07:07:14 Good Morning !!



Market mood volatile, Global cues Positive, Crude trades around 71



Cues for Today

Global Market update

- Dow down 48 pts
- Nasdaq up 50 pts
- Hang Seng up 204 pts
- Dow Fut down 55 pts


US markets closed flat but tech share rally took Nasdaq to new all-time high

The US Manufacturing PMI increased to 59.9 in August Vs 59.5 in July, beating forecasts of 58.6

US market will be closed on Monday on Labor Day

OPEC and allies agreed to stick to their existing plan for gradual monthly oil-production increases after a brief video conference, OPEC+ ratified the 400,000 barrel-a-day supply hike scheduled for October. Around 45% of last years cuts have been restored. All by Sep 2022.


SGX NIFTY + 8 Pts



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2021-09-01 06:47:32 Good Morning !!



Market mood volatile, Global cues Positive, Crude trades around 68.8



Cues for Today

Global Market update

- Dow down 39 pts
- Nasdaq down 6 pts
- Hang Seng up 37 pts
- Dow Fut up 82 pts


India's fiscal deficit for Apr-Jul at 21.3% of full year target at Rs 3.21 lakh crore ($43.98bn)
Net tax receipts were 5.21 trillion rupees while total expenditure was 10.04 trillion rupees
Fiscal space is there for govt to spend more within its 6.8% annual Fiscal deficit target.

July eight core industries growth at 9.4% Vs 9.3% in June
Apr-Jul eight core industries growth 21.2% Vs -19.8% a year ago

OPEC+ Group meeting today to discuss the previously agreed increase of 4 Lakh barrels per day


SGX NIFTY + 28 Pts



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2021-08-31 06:21:05 Open / Comment

2021-08-31 06:19:50 Good Morning !!



Market mood volatile, Global cues Positive, Crude trades around 71.8



Cues for Today

Global Market update

- Dow down 55 pts
- Nasdaq up 136 pts
- Hang Seng down 360 pts
- Dow Fut down 12 pts


China has restricted the amount of time kids can play online games to a max of 3 hours/week.

China vowed to crack down on private equity, they described the crackdowns as a "profound revolution" & "a return from the capital group to the masses of the people".

India will release Q1FY22 GDP data and Fiscal Deficit data today.

Today is the evacuation deadline set by Taliban in Afghanistan.


SGX NIFTY - 45 Pts



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2021-08-27 06:11:00 Good Morning !!



Market mood volatile, Global cues Neutral, Crude trades around 70.6



Cues for Today

Global Market update

- Dow down 192 pts
- Nasdaq down 96 pts
- Hang Seng up 73 pts
- Dow Fut up 60 pts


US markets fell ahead of the Jackson Hole meeting, Dow Futures are recovering

Fed chair to deliver a speech in the evening according to Indian Standard Time

Bombing happened in Kabul, 70 people were killed including 12 US soldiers

US President Joe Biden on Thursday vowed to complete the evacuation of Americans and their allies after a deadly terror attack near Kabul’s airport.


SGX NIFTY - 15 Pts



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2021-08-26 05:46:05 Good Morning !!



Market mood volatile, Global cues Positive, Crude trades around 70.8



Cues for Today

Global Market update

- Dow up 39 pts
- Nasdaq up 22 pts
- Hang Seng down 130 pts
- Dow Fut down 34 pts


Ahead of the Jackson Hole meeting traders are very cautious, Meeting is scheduled tommorow evening according to Indian Standard Time

10-year US bond yield climbed to 1.342%

India among most exciting markets globally, to grow to $1 trillion by 2025: Walmart CEO


SGX NIFTY - 8 Pts



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2021-08-25 05:44:14 ADITYA BIRLA CAPITAL: ADITYA BIRLA SUN LIFE INSURANCE ANNOUNCES UP TO 15 PERCENT REDUCTION IN PREMIUM RATES OF ITS TERM PLAN - PTI

TATA POWER: CO RENEWABLE SUCCESSFULLY COMMISSIONS 150 MW SOLAR PV PROJECT AT LOHARKI, RAJASTHAN


TATA POWER: CO RENEWABLE SUCCESSFULLY COMMISSIONS 150 MW SOLAR PV PROJECT AT LOHARKI, RAJASTHAN

BLUE STAR: AHRI (AIR-CONDITIONING, HEATING, AND REFRIGERATION INSTITUTE) CERTIFIES CO'S NEW AIR COOLED AND WATER COOLED CHILLER TEST FACILITIES

ASIAN GRANITO: CO APPROVED ISSUE OF EQUITY SHARE THROUGH RIGHT ISSUE

BAJAJ FINSERV: CO HAS RECEIVED AN IN-PRINCIPLE APPROVAL FROM SEBI , FOR SPONSORING A MUTUAL FUND II CO WOULD BE SETTING UP AN AMC AND THE TRUSTEE CO DIRECTLY OR INDIRECTLY Open / Comment

2021-08-25 05:41:52 ICICI BANK : RBI approves the re-appointment of Sandeep Bakhshi as Managing Director & CEO of ICICIBank with effect from October 15, 2021 till October 3, 2023. Open / Comment

2021-08-25 05:41:18 Good Morning !!



Market mood volatile, Global cues Positive, Crude trades around 70.1



Cues for Today

Global Market update

- Dow up 30 pts
- Nasdaq up 77 pts
- Hang Seng up 23 pts
- Dow Fut down 7 pts


Markets seem to believe that the latest Covid flare up has peaked, and that’s a good thing, China down to zero new cases, US Third Wave near peak as per experts

Industrial commodities are rebounding this week after China’s count of daily Covid cases fell to zero and expectation of support for the real economy. Coking coal in the Asian nation hit a record, while copper headed for a third straight gain and zinc rose the most since May.

Asia-Pacific markets rise as S&P 500, Nasdaq jump to record highs; mining stocks up


SGX NIFTY + 74 Pts



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2021-08-18 06:41:38 Good Morning !!



Market mood volatile, Global cues Neutral, Crude trades around 68.9



Cues for Today

Global Market update

- Dow down 282 pts
- Nasdaq down 137 pts
- Hang Seng up 157 pts
- Dow Fut down 11 pts


Minneapolis Fed President Neel Kashkari said that it could be "reasonable" to start reducing the Fed's bond-buying program later this year

FM Nirmala Sitaraman said India is looking at the possibilities of blockchain technology and how it can be used in the fintech sector.

Unicorns believe global listing is better for higher valuation


SGX NIFTY + 40 Pts



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