@AlliesFin
Nifty expected to open flat to marginally positive on the back of overnight rally in US markets. Watch 10159 for either side moves. For Bank Nifty watch 20950 for either side moves. After a strong rally on Nifty and Bank Nifty some give back for one or two days is acceptable.
US markets continued its upmove for yet another day, Nasdaq moved higher in a new life time zone (both on intraday and on close basis) and is now setting sight for next psychological level of 10000. Russel 2000 continued to outperform marginally.
US dollar index remained subdued below 97, Vix moved higher towards 26 (the elevated levels of Vix with markets moving near life highs is a point to watch), US 10 year traded near 0.85 Crude futures also traded in narrow range, WTI below 39, Brent below 42.
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