Quote on Market 11 June 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Below the Quote on Market 11 June 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
“US Stocks traded sideways for much of the day, but perked up to close higher. S&P 500 climbed 0.6%, leaving it just 1.7% away from its record close on Feb. 19. US media saying BESSENT is SEEN AS A CONTENDER TO BE NEXT FED CHAIR. If it happens then IT stocks will become blind buy with strong likelihood of interest cuts and accommodative monetary policy as happened in India.
Nifty 25104.25
After witnessing a strong up move in the past few trading sessions, Nifty is consolidating to around the upper end of the range. 40 HEMA: 24940 will be the immediate support level in the near term. Recent high of 25190 will be the immediate resistance level
Above views are of the author and not of the website kindly read disclaimer
Tag News
The Index can short below 24600 for the potential target of 24500 with stop loss of 24670 le...
More News
Quote on?Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities
