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Sunil Kotak

7th Mar · SEBI-Registered Analyst

US stocks close down as oil spikes 12%, job market weakens

US stocks close down as oil spikes 12%, job market weakens 1) US stocks were down yesterday due to Oil Spike 2) Job market data were also weak 3) This will have impact on Indian markets as well 4) Indias Current account deficit will be impacted in big way due to Oil price surge 5) Also, Companies which are dependent on Crude oil as raw material will be impacted in a big way as well 6) Our markets are also bearish for now - Support 24000 on nifty - Supply 24650-24700 7) Stock to keep on radar -

ONGC
8) All this is for information. 9) This is not a buy/sell recommendation. Thank you, Technofunda24

#StockInNews#WatchOutFor
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