COMMING WEEK
The equity markets globally have been witnessing a positive momentum since the past couple of weeks. This can be attributed to the results of certain companies which have exceeded expectations and the positive economic data. There have been some negative news as well for the market during this period, but the market has been broadly ignoring those. Though this may be a cause of concern for the market going forward, the present undertone of the market is looking positive. The Sensex and Nifty have been breaching some important levels on the upper side along with the Dow Jones and S & P 500 in the US. Any downward correction could witness good support from the buyers as this has been a global phenomenon in the recent times.
The equity markets globally have been witnessing a positive momentum since the past couple of weeks. This can be attributed to the results of certain companies which have exceeded expectations and the positive economic data. There have been some negative news as well for the market during this period, but the market has been broadly ignoring those. Though this may be a cause of concern for the market going forward, the present undertone of the market is looking positive. The Sensex and Nifty have been breaching some important levels on the upper side along with the Dow Jones and S & P 500 in the US. Any downward correction could witness good support from the buyers as this has been a global phenomenon in the recent times.
No comments:
Post a Comment