Perspective on Markets 28th 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Below the Perspective on Markets 28th 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
“New highs around the world - Japan (Nikkei above 50,000), Brazil, Europe, US. 10-year high in China, Argentina soars more than 20%
Gold -3% back below $4,000/oz, silver -4%. Oil slips as OPEC plans another output increase.
In USA Third-quarter earnings season is chugging on and, with roughly a third of the S&P 500 having reported, there are more earnings beats than usual along with upbeat commentary around the fourth quarter. If the pattern holds through the remaining reports, third-quarter earnings growth could reach as high as 11%, up from an already strong 8% in the second quarter
?This week is the most important stretch of the current earnings season, with five of the Magnificent Seven stocks—Alphabet, Amazon, Apple,Meta and Microsoft—on deck to report results.
Nifty 25966.05
Resistance is swing high of 26104 Support 40 Hour EMA at 25800 and recent low of 25718”
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