Asia markets down : S&P falls near 1800 mark : Nifty flat
Nifty was flat yesterday and hovered around 6800 mark . It will open in red today as stocks dropped globally . There was good turnout yesterday in India elections with major states went to polls yesterday . Nifty will take cues globally in the coming days until election results are out . I feel what ever be the outcome India will grow in 2015-16 and I am bullish after mid 2014 . No change in my sell Nifty call strategy . Asia markets were down on opening after china reporting fall in producer price index and accelerated inflation . S&P fell due to tech shares sell off and is almost 70 points down since last week . I will close my S&P short position next week or by end of day today for some profit . Dollar continued to be under pressure and important events today will be Euro consumer price index and US business confidence index later today . No change in my FX positions as all of them are in red and will hold for some more time . Strategy No change in long $UsdC...
Comments
Post a Comment