Indian actions are prepared for a firm beginning on Friday, April 25, since Gift Nifty Futures exchange 130 points higher, reflecting strong night signals from the United States and the optimistic action in Asian markets. The feeling is also driven by a significant reduction in the short position of FII and a strong recovery in the rupee.
Nifty gift indicates a nifty 50 gap start
At 7:05 am, Nifty Gift (previous SGX Nifty) negotiated 126 higher points to 24,516.50suggestion of a strong opening for reference indices. The positive trend follows Thursday’s slight correction on the Nifty, which ended 82 points lower after a seven -day rally.
Technological view: visible fatigue; Support to 22,300
Analysts are still cautiously optimistic. Nifty’s short -term feeling remains bullish, but Signs of exhaustion They are visible. If the index falls below 22,300, you cannot rule out a correction of a letter towards 21,900. On the side, resistance is expected in 24,300 and 24,500.
American markets extend profits; Technology leads the position
Wall Street firmly closed Highher for the third consecutive session.
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Dow Jones Increased 1.23%
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S&P 500 2.03% jumped
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Nasdaq Increased 2.74%
Strong profits of technological giants and hopes of a Fed Fed rate cut for the aforementioned He raised the feeling of investors.
Asian markets reflect the optimism of the United States
Asian actions opened more on Friday:
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Japanese Topix won 1.2%
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S&P/ASX 200 Futures rose 0.9%
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Euro Stoxx 50 Futures plus 0.5%
FII data: shortly cut short positions
Foreign institutional investors (FII) became aggressive buyers with net tickets of RS 8,250 million rupees. Normally, the net shorts fell from RS 70,771 million rupees to RS 24,480 million rupeesIndicating renewed trust. However, national institutional investors (DII) sold shares worth 534 million rupees.
Other signals: Rupia gains, oil cools
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Strengthened rupee for the 12 lands to close at 85.33 per USD
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Gold went to the third weekly gain
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Crude oil remains moderate In OPEC +’s exit expectations and high fire hopes
There are no actions under the prohibition of f & o
There is No values In the list of f& or today prohibitions.
The markets can remain specific to the actions before the profits of the fourth quarter, with all the eyes in the corporate heavyweight results and geopolitical updates.
