Today, we expect a flat open with no clear signals from the global markets. The usual choppiness associated with the F&O expiry will be there though the bias remains mostly positive. Asian markets are mixed. A bigger-than-expected drop in weekly jobless claims added some cheer to US markets, which will remain closed today for Thanksgiving.
A year has passed by after the tragedy in Mumbai. The city and the market have moved on in what is often summed up as the indomitable spirit. It’s Thanksgiving on every street for the bulls. November series has seen some good long positions. The Nifty December series is showing a long build-up after it closed at 12 points premium to the spot.
Stock exchanges may put their plans to extend trading hours on the back-burner following lack of consensus. The only consensus for now seems to be that indices will hit a new year-high in December series. Index heavyweights like Reliance will hog the limelight for the day. The rising market is also bringing in illiquid stocks back into trade, some after a decade. Avoid these counters.
A year has passed by after the tragedy in Mumbai. The city and the market have moved on in what is often summed up as the indomitable spirit. It’s Thanksgiving on every street for the bulls. November series has seen some good long positions. The Nifty December series is showing a long build-up after it closed at 12 points premium to the spot.
Stock exchanges may put their plans to extend trading hours on the back-burner following lack of consensus. The only consensus for now seems to be that indices will hit a new year-high in December series. Index heavyweights like Reliance will hog the limelight for the day. The rising market is also bringing in illiquid stocks back into trade, some after a decade. Avoid these counters.
