Global Events
World Markets.....
US Market Negative
Dow Jones down 125 (-0.27%)
NASDAQ down 14 (-0.07%), S&P down 8 (-0.13%)
European Market Negative
FTSE down 81 (-0.88%), CAC down 78 (-1.00%),
DAX down 41 9(-1.77%)
Asian Markets Mix
Nikkei UP 119 (+0.27%), Hang S. UP 164 (-0.62%),
Taiwan down 84 (-0.33%), Kospi down 33 (-0.97%)
Shanghai down 11 (-0.30%), St.T down 12 Points (-0.28%)
---------------------------------------------------------------------------
GIFT Nifty UP 72 Points (25,403)
DOW Future down 33 Points
NASDAQ Futures down 1 Points
Brent Crude down 0.14% and near at 68.37/bbl
---------------------------------------------------------------------------
Dollar Index at 96 ; 3.5 years low levels
Markets Price 25 bps FED Cut,
with minority eyeing 50 bps ;
FOMC Projections and dot plot in focus
US Retail Sales report showed stronger than expected
consumer spending in Aug. Retail Sales rose 0.6% MoM
in Aug., beating market consensus of a 0.2% incrase
August US Industrial production ticked 0.1%
up after sliding 0.4% in the previous month
German ZEW Economic Sentiment Index improved
to 37.3 in September from 34.7 in August,
against the market consensus of a decline to 27.3
Canada's headline CPI rose to 1.9% YoY in August,
While core inflation held steady at 2.6%
Despite the stickiness in some core metrics
UK Payrolls fall for the seventh month, but BoE is
expected to hold rates steady at upcoming meeting.
---
All Eyes On....
GBP : CPI Data YoY
CAD : BOC Rate Statement
USD : FOMC Statement followed by Press
---------------------
Domestic Events
PM Modi Turns 75 today
-----
Eyes reamin on feeds from India - US tariff
trade talks and also on the announcement
on the government borrowing calendar this month.
-----------------------
Dollar Index UP 0.08% at 96.74
Rupees UP 15 Paisa to close at 88.06 against US$
Sector Watch
IT, Holdings, Defence, Telecom, Banking,
Retail, Metal, Housing Finance
Sector Avoid
Auto, FMCG, Capital Goods, Paints
Indian Markets Trend
With gap up opening, rally to continue in near term
Nifty-50 likely to cross 25300 & Sensex 82600 levels
Overall markets to outperform, hopes of FED rate cut
----------
All eyes on....
--
-----------
Primary Markets
Euro Pratik Main board IPO Subscribed 0.46x on Day 1
VMS TMT IPO Opens today
----------------------------
Listing Today...
(1) Jay Ambe Supermarkets BSE SME IPO
(2) Shrinagar House Main Board IPO
(3) Dev Accelerator Main Board IPO
(4) Urban Co. Ltd Main Board IPO
(5) Galaxy Medicare NSE Emerge IPO
-----------------------------------------------
I am following your Smart magazine for couple of years. I appreciate the efforts by your team which has helped me to check my analysis. Mainly chart check is one of the best segment which is recently being published in the magazine which clarifies with proper technical justification.
5