Japan’s Nikkei share average snapped a five-day winning streak to fall more than 1% on Tuesday, as investors sold stocks amid uncertainty over U.S.-Japan trade talks. The Nikkei fell 1.24% to 39,986.33, slipping from the highest level since mid-July, which it reached in the previous session. The broader Topix slipped 0.73% to 2,832.07. “The market…
READ MOREMarkets ended their five-week-long consolidation phase, buoyed by improving global cues, receding geopolitical risks, and a noticeable pickup in foreign institutional investor (FII) buying during the latter half of the week. After a hesitant start, momentum built during midweek as overall sentiment turned more constructive. With tensions between Iran and Israel showing signs of easing,…
READ MOREAfter Nifty broke out of a 31-day long narrow consolidation phase on Thursday’s monthly expiry, bulls are now betting that a fresh all-time high could come in the next few days given FII buying amid favourable global macro set-up, crude oil’s 11% weekly crash, July’s historically bullish seasonality, and Trump’s trade deal hints. In just…
READ MOREJapan’s Nikkei share average rose on Friday, as a weaker yen lifted sentiment, while concerns about trade tensions eased following a phone call between U.S. President Donald Trump and Chinese President Xi Jinping. The Nikkei rose 0.5% to 37,741.61 but fell 1% for the week. The broader Topix climbed 0.47% to 2,769.33 while posting a…
READ MOREJapan’s Nikkei share average extends gains to a second consecutive session on Monday as easing trade tensions between the United States and the European Union supported risk appetite. Nippon Steel jumped as much as 7.4% after U.S. President Donald Trump appeared to give his blessing to the company’s protracted takeover of U.S. Steel, and closed…
READ MOREEuropean stocks rose on Friday as retreating bond yields offered some relief to investors, with brighter-than-expected economic data also aiding sentiment. The pan-European STOXX 600 index rose 0.3% by 0721 GMT, on course for its sixth straight week of gains. The UK’s blue-chip FTSE 100 rose 0.4% after data showed British retail sales jumped more…
READ MOREStrategy PositionsBuy 1 lot of 9th Nov Nifty 19250 Call at 87-89; Sell 2 lot of 9th Nov 19500 Call at 13-14 Target: 19500. Time Frame: till expiry. Rationale Nifty recovered almost 1% after sharp declines in the penultimate week while the broader market fared better as midcap and smallcap segment gained more than 2%…
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