What Factors To Watch?
US macro data sparks Santa Rally ahead by a day-led by tech names-Treasuries in range bound expected till 2025 end
Trump says lowering of interest rates need to be there
S&P 500, Copper, Silver, Gold on record high levels while bonds, crypto unchanged bit dollar sees a crack-minor positive for EM
Risk on sentiment rising in Venezuela tensions and rate cut expectations
Silver surpasses Apple to become the 3rd largest asset by market capitalization
Korea’s Won currency jumps 1% after authorities pledge action-Asian markets suggest positive opening
Oil rallies for 6th straight session on Venezuela tensions
Global VIX at yearly low, India VIX near record lows-showing volumes, turnover drying up but Risk on sentiment in the move
Flat to positive action expected for Nifty, but initial trade for Nifty Bank well setup in initial trade-Positional setup strong-especially for smallcaps which are enjoying early Santa Rally
Piyush Goyal-says India deeply engaged with US to close trade deal
FII shorts at 87% vs 89%-FIIs continue to be net sellers for 2nd day but volumes are very thin
India VIX below 10 for 5th day-suggesting low options activity and Sensex expiry today (Thursday is a holiday-Christmas day)
Interest rate sensitive stocks-on RBI treasury management will help in yield management and Rupee to open strong against dollar /Indian bonds gained most on Monday after biggest sell off on Monday
Key Longs-Railways, Defense, Select Metals