Today's Market Influencer :
Today Movement - Neutral to Negative
USA markets are negative & China other markets are flat to negative as US FED cuts rate to near zero and announces $700Bn ( https://www.targetinvestingresearch.com/single-post/2020/03/16/Fed-Fires-Round-Three---Rate-Cut-To-Near-Zero-700Bn-QE ) . The oil prices are at $32.39/bbl(-2.75%) as the shutdowns reaches various countries and it will impact the oil demand in short term. USDINR at 73.84(0.00%) FII selling and large intervention by RBI keeping currency stable.
Important close levels - 9051/10700
Stock of the Day :
NO TRADE TODAY