Market View: 11 Jun 2024

11 Haz

What happened in last 24 hours:

• SP500 and Nasdaq closed at another all time high
  
  
• US inflation data and USFed's interest rate decision coming on Wednesday which means market may be indecisive till then.
  
  
• FIIs continue to hold net Short positions in Index Futures.
  
  
• Maruti witnessed good buying activity while Adaniports and BAJAJFINSV witnessed selling in last 15 minutes yesterday which is expected to continue today.
  
  
• Profit booking and lack of new money coming into the market might push the Nifty further down. However, for real time situational awareness, track your chart with Option Scalper.
  
  
• Happy Trading.