The effect of this news will be visible on the market today, check before making any trade. – ..
gift nifty
GIFT indicates a negative start for Nifty in today’s trading session. Nifty futures were trading around 24,297.
Support based on pivot points: 24,319, 24,370 and 24,453
Resistance based on pivot points: 24,154, 24,103 and 24,020
There is a good sign for the market today. FIIs bought in cash after 38 sessions. Cut for the second consecutive day. Yesterday a huge fall of 3 percent was seen in crude. Dow Jones closed at a record high, although the broader Nifty traded with slight weakness. The Dow closed at a record high for the second consecutive day. The S&P 500 closed at a new high yesterday. This increase was due to the election of Scott Besant as Treasury Secretary.
RBC Capital said on the S&P 500 a 5-10% correction is possible before another uptrend.
there is pressure in crude
Crude oil prices have fallen by 3 percent in a single day. The price of Brent has slipped below $73. WTI price slipped below $69. A ceasefire is possible between Israel and Hezbollah. The meeting of OPEC+ countries will be held on 1 December. OPEC+ may stop increasing production from January.
A ceasefire is possible between Israel and Hezbollah. Announcement of ceasefire is possible in the coming days. Even amid negotiations, artillery and rocket attacks continue. Israel’s security cabinet will vote on Tuesday.
Today mixed business is being seen in the Asian market. Gift Nifty is trading with a decline of 64.00 points. At the same time, Nikkei is seen falling by 1.36 percent to around 38,260.38. Whereas Straits Times is showing a weakness of 0.33 percent. Taiwan markets are trading 0.83 percent lower at 22,762.72. At the same time, Hang Seng is seen at the level of 19,239.13 with a strength of 0.46 percent. At the same time, Kospi is trading 0.54 percent down at 2,520.78. At the same time, Shanghai Composite is trading at 3,271.79, up 8.03 points or 0.25 percent.
The 10-year Treasury yield in the US rose 27 basis points to 4.28 percent. At the same time, the 2-year bond yield in America has fallen to 4.26 percent.
The US dollar rose against its major rivals on Tuesday after President-elect Donald Trump said he would sign an executive order imposing a 25% tariff on all goods coming into the United States from Mexico and Canada.
After selling in the last 38 sessions, on November 23, foreign institutional investors bought Rs 9,947.55 crore in Indian markets. At the same time, domestic institutional investors sold Rs 6,907.97 crore on this day.
Upcoming shares in F&O ban
Restricted counterparties under the F&O segment include firms whose derivatives exposure exceeds 95 per cent of the market-wide position limit.
New stock included in F&O ban: Neel
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