Index Market Analysis 🚩🚩
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3️⃣ things that will decide the Market today 📈
1) SGX NIFTY signals a positive start for the Indian Stock Market
- Nifty futures on the Singapore Exchange traded 53 points higher at 17,076, signalling that the Indian Stock Market is headed for a positive start.
2) UBS' move to buy Credit Sussie helps indices end higher
- After a sharp decline in the last week, US indices on Monday ended in green, giving steers to the Bulls. The rise in the numbers was a result of UBS' move to buy Credit Sussie, thus bolstering confidence in the investor minds on the FED taking a pause in its rate hike operation for a certain period of time.
3) Rupee falls 4 paise against dollar
- The Indian rupee on Monday fell 4 paise against the dollar to end at82.63against the US dollar on Friday, marking negative sentiments in the domestic and global equity markets.
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