Market is expected to open gap up and likely to witness positive move during the day - Nirmal Bang Ltd
![](https://portfolio.investmentguruindia.com//uploads/news/Nirmal bang.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Market Review
US: U.S stock indices recorded gains on Monday, even as the ongoing conflict between Hamas and Israel and a surge in oil prices created a backdrop of uncertainty.
Asia: Asian markets traded higher on Tuesday following overnight gains on Wall Street.
India: India's benchmark stock indices declined through Monday as the fear of a wider conflict rose between Israel and Hamas. Banks, media, and metal sectors dragged down the indices. Market is expected to open gap up and likely to witness positive move during the day
Global Economy: Mexico's annual inflation eased in September for the eighth consecutive month and stood at 4.45%, still above the central bank's target. Annual core inflation in September, considered a better gauge of price trends because it excludes some highly volatile items, was 5.76%, in line with market forecasts and the lowest in almost two years. However, inflation figures continue to exceed the Bank of Mexico's target of 3% plus or -1% point.
Chinese funds are seeking new capital sources in the Middle East and other markets, in a shift that could reshape investment flows as diplomatic tensions and other risks drive many U.S. investors out of the country.Seven China equity funds, including hedge funds and mutual funds, running more than $500 billion in combined assets.Mideast investors are also keen to allocate more resources to China as they can benefit from lower valuations and the effects of government stimulus to support the recovery.
Commodities: Gold prices hit a more than one-week high on Tuesday, a day after posting sharp gains on increased market uncertainty due to the Middle East conflict as dovish remarks from top U.S. Federal Reserve officials weighed on the dollar and bond yields.
Oil prices edged down slightly on Tuesday after gaining more than 4% in the previous session as markets weighed the potential for supply disruptions as the conflict between Israel and the Palestinian Islamist group Hamas continued
Currency: The dollar softened on Tuesday along with U.S.
interest rate expectations and a fall in Treasury yields as
investors detected a slight dovish shift in Federal Reserve
officials’ tone.
Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH000001766
![](https://portfolio.investmentguruindia.com/uploads/news/Clean Science and Technology.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Somany logo.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/startup.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Srinivas Narayanan.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Mongolia.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/nitingadkari37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v68_wcHr0zT.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/IT Sector03.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Bharti Airtel Ltd.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
Index is likely to open on a gap up note today and is likely to remain positive during the d...
![Nifty has an immediate resistance placed at 24270 and on a decisive close above expect a rise to 24340-24400 levels by Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![The Indian stock market benchmark indices ended with mild losses after hitting fresh record highs during the session by Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![Nifty is expected to open on a positive note and likely to witness range bound move during the day by Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/Tradebull Securities.jpg)
The 23280 level is currently the best place to assess the continuation of the bullish trend ...
![Nifty opened on a positive note but exhibited extreme volatility throughout the session - Axis Securities Ltd](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![Market Quote : Domestic markets relinquished their momentum as they anticipated a raft of policy rate decisions due this week Says Vinod Nair, Geojit Financial Services](https://portfolio.investmentguruindia.com/uploads/news/51cc2bc9420a957e6bd2710c1afee6fd.jpg)
![Quote on FPI : FPIs have reversed their position and turned as net buyers in the first week of December 2023 by Manoj Purohit, BDO India](https://portfolio.investmentguruindia.com/uploads/news/Broker _10.jpg)