Category: Blogs
Market Outlook
.
US stock markets took its biggest reversal since the early days of the pandemic on Thursday with the Dow posting its largest decline this year in just 24 hours after its highest gain since 2020. Dow dropped 3.12%, S&P lost 3.56% and Nassaq gave up close to 5.00%.

US dollar moved higher near 103.55, Cboe Vix jumped to 31, US 10 year crossed 3.00% to trade near 3.04%.

Crude futures remained flat with positive bias, WTI traded near 109, Brent near 111.

Indian stocks remained choppy erasing opening gains to close near flat zone taking cues from sharp sell-off in US futures. Nifty failed to cross resistance band near 16850-16950 zone _(it was indicated in yesterdays morning note to avoid longs / continue put protection as Nifty gains may not sustain)_ to close near intra-day target of 16650.

Markets may continue to remain under pressure on global equity sentiments and worries over central banks re-think on growth - inflation equation. As suggested during last few months interaction continue to avoid leverage, buy protection against longs and maintain decent liquidity in portfolios for eventual showdown in months to come (markets may seek much lower levels) as the equity sentiments and positioning of stocks have turned weak.

(all prices mentioned above are as on 4.39 am IST)
Watch this space for more insights on Personal Finance
Leave a Reply
ATTENTION INVESTORS:
• Investor Charter : Annexure A – Stock Broker | Annexure A – Research Analyst (RA) | Annexure A – DP | Annexure B - DP • || • Advisory for KYC updation • || • Advisory for Investors • || • Investor Awareness regarding the revised guidelines on Margin Collection • || • Link your Aadhar number with us here. • || • IPO Subscription: " UPI Mechanism is Compulsory for Retail Investors, No Cheque Required. No worries for refund as the money remains in investor's account." • || • Prevent Unauthorized Transactions in your Demat Account remains in investor's account." • || • Prevent Unauthorized Transactions in your Demat Account- Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile number for all debit and other important transactions in your demat account directly from CDSL on the same day. “ISSUED IN THE INTEREST OF INVESTORS” "Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day . Issued in the interest of Investors."
Products & Services | Global Investing | Research | Downloads | FAQs | Careers | Blogs | Media Center |
Site Map | Disclaimer | Privacy Policy | Investor Grievances | BSE | NSE | CDSL | AMFI | SCORES | SEBI
Registered Office : Sushil Financial Services Private Limited., 12, Homji Street Fort Mumbai-400 001 • Tel. No. +91-22-40936000 • Fax No. +91-22-22665758 • Email: info@sushilfinance.com

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. Receive alerts on your Registered Mobile number for all debit and other important transactions in your demat account directly from CDSL on the same day. Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.
Sushil Financial Services Private Limited - Member : BSE/ NSE. SEBI Registration No. - INZ000165135. Depository Participant (CDSL) SEBI Registration No.- IN-DP-504-2020. Research Analyst SEBI Registration No.- INH000000867. Distributor of Mutual funds and IPO - ARN No.77875. Sushil Capital Private Limited - NBFC No. N -13.01901
© 2022 Sushil Finance. All rights reserved.