MARKET OVERVIEW GLOBAL TRACKER : 14.09.2016
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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Asian markets are continuing to trade on a negative note as markets dwell in fears about the
falling oil and rising bond yields. All major indices closed in the red and this risk aversion is driving all market forces today.
US dollar continued to remain in demand as investors flocked to its safety. Limited economic data would enable the trend to continue.
Indian rupee is set to open on a negative note as the risk off sentiment remains in play. We
expect the trend to continue with some resistance expected at 67.20.
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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Asian markets are continuing to trade on a negative note as markets dwell in fears about the
falling oil and rising bond yields. All major indices closed in the red and this risk aversion is driving all market forces today.
US dollar continued to remain in demand as investors flocked to its safety. Limited economic data would enable the trend to continue.
Indian rupee is set to open on a negative note as the risk off sentiment remains in play. We
expect the trend to continue with some resistance expected at 67.20.