Gift Nifty 75 points; Here is a trading setup for today’s session

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Gift Nifty 75 points; Here is a trading setup for today’s session

Indian equity markets continued their positive pace for the seventh consecutive day on the hope of making India easier – US trade relations and U.S. Fed rate expectations. Analysts expect that this gradual enhancement in the market is the government’s GST update, the US. The Fed will endorse the expectations of reduction in rate and improve the prices around the US – by negotiating India’s trade.

Position of the markets
Gift Nifty (previously SGX Nifty) indicates a positive start
Gift Nifty on the NSE IX trades at 76.5 points or 0.30 percent, 25,182.50, indicating that Dalal Street led to a positive start on Friday.

  • Tech View: Going forward, analysts are expected to continue the upward speed, after 25,400, with immediate targets at 25,200. Upon loss, the support base high is ongoing, the 50-day moving average is now placed near the 24,900 mark.
  • India VIX: India Viks, which is a criterion of fear in markets, fell 1.7% to 10.36 levels.

US stocks finish the highest
The main indexes of Wall LK Street are closed on Thursday after the benefits of Tesla and Micron Technol in G, while US inflation and unemployment data have accelerated the expectations that the Federal Reserve interest rate will reduce this month. US consumer prices have risen higher than expected in August and the annual increase in inflation was the largest in seven months.

  • S&P 500 +0.85%,
  • Nasdaq +0.72%,
  • Dow +1.36%

Asian shares increase
US Asia joined the Asia Global Equity Rally after inflation data and cooling job numbers created a way for the Federal Reserve to reduce interest rates next week.

  • The S&P 500 futures changed by Tokyo time at 9:06 am
  • Hang Seng Futures rose 1.4%
  • Japan’s Topics rose 0.5%
  • Australia Stralia’s S&P/ASX 200 has increased by 0.5%
  • Euro Stoksx 50 futures rose 0.5%

Rise of gold
Gold prices rose on Friday and the U.S. before cutting the expected Federal Reserve rate next week. The fourth weekly benefits led to the fear of raising concerns of the weak people of the labor market.

Scorpion
Oil prices have dropped on Friday following a major waterfall in the last session of the US demand and supply of supply from the Middle East and concerns about war concerns in Ukraine.

Stokes in the F&O ban today

1) RBL Bank
2) Offss

Securities include companies in the restriction period under the F&O segment, with 95% of the security market-wide position limit.

Fii/dii action
On Thursday, foreign portfolio investors sold 3,472 crore shares. DII, meanwhile, had net buyers worth Rs 4,046 crore.

Rupee
The rupee fell by 24 pais and closed for the day against the US Dollar Lur at all-time low of .3 88..35, as India and the US. In the middle of the tariff issue, there was a heavy weight on the weakness of the domestic currency.

Fii data
FII status in the futures market was Rs. 1.86 lakh crore was dropped from net to Rs. 1.82 lakh crore.

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