Dax Index Below 10940 Level Sell on Rise Only – Sell and Sleep – Neal Bhai (CFA) Technical Power of CFA’s(CHARTRED FINANCE ANALYST)“No Magic, No Miracle, Just Power of Level”Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical TeamMobile No. 9582247600 & 9899900589
Nifty, Sensex set to open Lower amid Sell off in Global Markets — Benchmark indices BSE Sensex and NSE’s Nifty 50 are set to open lower on Thursday in line with global markets. Asian share markets sank in a sea of red after US stocks suffered its worst drubbing in eight months.
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The S&P BSE Sensex fell 0.3 percent or 125 points to 35,044 and the NSE Nifty 50 Index declined 0.74 percent or 78 points to 10,520.
In global markets, Asian shares struggled after benchmark U.S. Treasury yields surged to a seven-year high and strong economic data fanned concerns about inflation and the risk of faster-than-expected interest rate rises. The surge in Treasury yields has also prompted a rise in government bond yields across the globe.
Crude Oil prices fell from four-year highs reached the previous session, pressured by rising US inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output. Brent crude oil futures were trading at $85.85 per barrel, down 44 cents, or 0.5%, from their last close. Brent on Wednesday hit a four-year high of $86.74 a barrel. US WTI crude futures were down 30 cents, or 0.4%, at $76.11 a barrel.
Indian equity benchmarks declined after the rupee breached 73 per dollar mark for the first time.
The S&P BSE Sensex fell 0.5 percent or 198 points to 36,628 and the NSE Nifty 50 Index declined 0.6 percent or 71 points to 10,937.
Leading bourse BSE Monday became the first stock exchange in the country to launch the commodity derivative contracts in gold and silver.
Bank Nifty Update — Bank Nifty Zoom Like Rocket Kiss High 25,400 Nifty Update — Nifty Buy Call Just Missed By Rs. 7 😔 And Kiss High 11,015 Neal Bhai Reports — 9582247600 and 9899900589
Gold Silver Reports (GSR) – यस बैंक पर लगा 38 करोड़ रुपये जुर्माना – बैंक ने देश के भीतर धन प्रेषण सेवा के संबंध में नियमों के कथित उल्लंघन को लेकर माल एवं सेवा कर (जीएसटी) विभाग को 38 करोड़ रुपए के जुर्माना भरा है। अधिकारियों ने शुक्रवार को इसकी जानकारी दी। हालांकि बैंक के एक अधिकारी ने बताया कि जुर्माना विरोध के साथ जमा कराया गया है।