MARKET OVERVIEW GLOBAL TRACKER : 08.09.2016
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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Asian markets cooled off a little after three days of rally and mixed trade data from China, Fed beige
book reported yesterday, indicated a moderate positive outlook from all the US districts.
Global currencies remained flat with the US dollar appreciating marginally. Uptick in Japan’s GDP
was reported this morning but markets would be focused on the ECB meeting, as expectations for
additional stimulus remain supported.
Rupee is set to open on negative note and markets are likely to remain in wait and watch mode
before the ECB meeting in the evening.
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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book reported yesterday, indicated a moderate positive outlook from all the US districts.
Global currencies remained flat with the US dollar appreciating marginally. Uptick in Japan’s GDP
was reported this morning but markets would be focused on the ECB meeting, as expectations for
additional stimulus remain supported.
Rupee is set to open on negative note and markets are likely to remain in wait and watch mode
before the ECB meeting in the evening.