MARKET TRENDS OUTLOOK (FOR TRADERS)

The National Stock Exchange (Nifty) opened at 11185.70 and went upto 11256.80 and finally closed at 11200.15 rising 98.50 point.  The Nifty Bank rose by 132.65 points in today's session reflecting good financial position of domestic banking sector even though the status of NPA is expected rise upto 15% till end of the FY2020-2021. High fluctuation from upward to downward and again downward to upward in the previous sessions shows strong financial stability in the stock market apart from lack of confidence.  Stock markets are primarily driven by institutional money such as Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) account for the bulk of the liquidity in the market. Tracking their inflows and outflows helps predicting the broader trends in the market. Historicaly, FIIs have had a greater influence on the domestic markets. However, recent exodus of FIIs has partially been offset by the sustained flow from DIIs. The proc...

The rapid rise in virus cases has dented hopes of a swift economic rebound, driving inflows into safe-haven assets such as gold, which has risen more than 34 per cent so far this year. JP Morgan one of the leading market analyst are bullish on gold value since as predicted by us during the month of May 18 & 20, 2020. It is also to be noted that some of the analyst at this moment are worried about inflation and deflation concern which is the main cause of concern among investor intending to buy more safe investments.  Apart from the other aspects few things are to noted that the global geopolitical situation particularly between USA and other allied countries against China playing vital role in increasing the demand of gold.   It is also noted worldwide that performance of gold during the times of crisis becomes important to have safe investment. Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time du...