Quote on Markets 21st January 2026 by Mr. Vikram Kasat, Head Advisory ,PL Capital
Below the Quote on Markets 21st January 2026 by Mr. Vikram Kasat, Head Advisory ,PL Capital
"Tumble Tuesday All three major indexes closed in the red as Donald Trump’s latest efforts to secure Greenland spurred a bout of the Sell America trade.
Over the weekend, Trump said he would impose a 10% tariff on eight European countries—Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland—to pressure them to allow the U.S. to buy Greenland. The duties would increase to 25% if a deal wasn’t reached by June 1, Trump added. The president later threatened to impose 200% tariffs on French wine and Champagne.
The stock selloff makes sense if investors are adopting a risk-off approach. But there’s more afoot. If investors were simply moving to safer assets, bond prices would have increased. Instead, they also fell on Tuesday, sending yields to their highest value since August (bond prices and yields move in opposite directions)
Nifty 25224.80
Watch for a bounce from 25172 if volume picks up, aligning with pivot bounce strategy—buy dips targeting 25488 with stop below 25172 A break below 25000 signals deeper correction and above 25488 turns bullish toward 25700
?#Exclusive from PLADVISORY EU -FTA To be signed on 27 January 2026”
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