Pre-market action: Here’s the trade setup for today’s session
Domestic markets succumbed to weak global cues as plunged over 2%, fueled by escalating tensions in the Middle East and sharp rise in crude oil prices. “Geopolitical uncertainty and concerns over a potential decline in foreign inflows have spooked the markets. With Nifty breaching multiple supportsβsuch as the 20-day exponential moving average (DEMA) around the…
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GIFT Nifty: GIFT Nifty down 160 points; here’s the trading setup for today’s session
Equity markets extended their losses for the fourth straight day on Tuesday as the Budget hangover dampened investors sentiments. “The recovery noticed from today’s low will be evident only post the monthly expiry on Thursday. At the same time, the ongoing Q1 results, which till date is muted, will decide the near-term trend,” said Vinod…
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