Today's Market Influencer :
Today Movement - Neutral to Negative (Risk : Stimulus or Reopen announcement)
USA markets and China are negative as the total cases continue to spike in USA with increase in death toll . The oil prices are at $32.90/bbl(4.48%) as OPEC+ reached deal for cutting 9.7mn b/d but it was estimated that it would be higher than this . USDINR at 75.88(-0.01%) as FII buying continues there is lower pressure on currency but forex need is high thus there will be volatility.
Important close levels - 7218/9150
Stock of the Day :
NO TRADE TODAY
IMPORTANT :
Please do not think that if there is no communication from our Founder while the market goes down that we are not concerned. It is our priority that we do not act in haste and wind up doing a mistake and thereafter have no cash left to invest with higher averages. We are keeping a constant look on all portfolios and cash available along with right time to invest.