Trump, Q3 earnings among 9 factors that will steer D-Street this week
Nifty closed at 23,203.20, down by 108.60 points, or 0.47%.
Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities, highlighted Nifty's continued presence in the bearish zone. «Sentiment remains weak as the index declined after encountering resistance at a crucial moving average. This bearish sentiment may persist in the short term or as long as the index remains below 23,400,» De said.
Factors that are likely to impact movement when markets reopen this week:
1) Trump factor
Donald Trump will take over as the 47th President of the United States, and global markets could remain volatile throughout the week. While the IMF has raised the global growth outlook, it forecasts policy uncertainty in the United States as Trump prepares to return to the White House.
Stock Trading
Maximise Returns by Investing in the Right Companies
By — The Economic Times, Get Certified By India's Top Business News Brand
Stock Trading
Market 104: Options Trading: Kickstart Your F&O Adventure
By — Saketh R, Founder- QuickAlpha, Full Time Options Trader
Stock Trading
Technical Analysis for Everyone — Technical Analysis Course
By — Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities
Stock Trading
Stock Markets Made Easy
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Renko Chart Patterns Made Easy
By — Kaushik Akiwatkar, Derivative Trader and Investor
Stock Trading
Market 101: An Insight into Trendlines and Momentum
By — Rohit Srivastava, Founder- Indiacharts.com
Stock Trading
Markets
