Global Equities’ Update: Gift Nifty: (India) 25235, -103.0 points/ -0.41% (Adjusted)
AHMEDABAD, 2 MARCH: Asian equities opened in the red zone, however selling across the global equities seen less severe than it perceived. Asian Currencies Mostly Weaken After Strikes on Iran. The U.S. equity futures fell sharply after the U.S. and Israel attacked Iran over the weekend, sparking a rally in oil prices and a broader rush out of risk-driven assets. Beyond geopolitical tensions, Wall Street was nursing losses in February as concerns over AI-related disruptions and sticky inflation battered appetite for equities.
| Dow Future (US): | 48605, -371.0 points/ -0.76% |
| Nasdaq Future (US): | 24834, -125.0 points/ -0.50% |
| US Small Cap 2000 Future (US): | 2609.0, -23.0 points/ -0.89% |
| FTSE Future (UK): | 10825.0, -81.0 points/ -0.74% |
| DAX Future (Germany): | 25014.0, -333.0 points/ -1.31% |
| CAC Future (France): | 8505, -88.0 points/ -1.01% |
| Hang Seng Future (Hong Kong): | 26348, -19.0 points/ -0.07% |
| Taiex Future (Taiwan): | 35330, -281.0 points/ -0.70% |
| Nikkei Index (Japan): | 58326, -524.0 points/ -0.89% |
| Gift Nifty: (India) | 25235, -103.0 points/ -0.41% (Adjusted) |
U.S. Market Previous Closing
| Dow (US): | 48978, -521.0 points/ -1.05% |
| Nasdaq (US): | 22668, -210.0 points/ -0.92% |
Indian Equities Pre Open Update: Indian equities expected to open with the cautious note amid the weak global sentiments followed by geopolitical concerns.
Sectors to Watch: Consumer and Oil upstream stocks are expected to remain on focus while Aviation, Paint and Financial stocks likely to remain resistive during the day.
Technical Levels: Nifty Near Future
| Support: | 25132.0/24961.0 |
| Resistance: | 25368.0/25454.0 |
Technical Levels: Bank Nifty Near Future
| Support: | 60439.0/60217.0 |
| Resistance: | 60948.0/61131.0 |
Global Commodity Market Update: Gold prices jumped around 2% in Asian trading session during the Monday
Gold prices jumped around 2% in Asian trading session during the Monday as investors rushed into safe-haven assets. Oil prices surged after the weekend attacks, with the conflict set to shut off a major shipping channel– the Strait of Hormuz– which accounts for roughly 20% of the world’s oil consumption.
| Gold Fut (Comex): | 5335, +87.0 points/ +1.66% |
| Silver Fut (Comex): | 93.66, +0.37 points/ +0.40% |
| Copper Fut (Comex): | 6.03, -0.03 points/ -0.54% |
| Zinc (LME): | 3324.0, +4.6 points/ +0.14% |
| Crude Oil (WTI): | 70.2, +3.18 points/ +4.72% |
| Crude Oil (Brent): | 76.7, +4.24 points/ +5.85% |
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
