weekly economic calendar 30-9-2024
ahmedabad, 30 septemebr
Global Equities Update
Asian markets are trading with mixed note as Chinese markets continued to outperform on stimulus driven rally while Nikkei fell on back of political changes in Japan. U.S. equity indices futures are trading sideways while expected to remain focused on speech from the Federal Reserve Chairman. A surging yen steadied on Monday as Japan’s incoming prime minister signaled monetary policy should remain accommodative, while the dollar slipped on commodity currencies underpinned by investor expectations of a turnaround in China’s economy.
Global Equity Indices Update
| Dow Future (US): | 42324, +11.0 points/ +0.03% |
| Nasdaq Future (US): | 20000, -5.0 points/ -0.02% |
| FTSE Future (UK): | 8369, -7.0 points/ -0.09% |
| DAX Future (Germany): | 19636, -11.0 points/ -0.06% |
| Hang Seng Future (Hong Kong): | 20395, +475.0 points/ +2.28% |
| Taiex Future (Taiwan): | 22701, -191.0 points/ -0.84% |
| Kospi 200 Fut (South Korea): | 356, -3.0 points/ -0.74% |
| Nikkei Index (Japan): | 38145, -1676 points/ -4.21% |
| Gift Nifty: (India) | 26318, -27.0 points/ -0.10% (Adjusted) |
China September Manufacturing PMI at 49.8 Vs estimate of 49.4: Bloomberg (Data Seen above estimates, however contraction in manufacturing activities remain intact)
Indian Equities Pre Open Update
Indian equities expected to open with flat note while resistive move expected to be seen amid mixed global cues.
Global Peers Update: Asian markets are trading with mixed note as Chinese markets continued to outperform on stimulus driven rally while Nikkei fell on back of political changes in Japan. U.S. equity indices futures are trading sideways while expected to remain focused on speech from the Federal Reserve Chairman.
| Sectors to Watch: | Metal, Consumer, Energy and Healthcare stocks likely to remain on focus during the day. |
| GIFT NIFTY Price | 26318.0 Adjusted Change:-27.0 Points, Percent Change: -0.10% |
Technical Levels: Nifty Near Future
| Support: | 26224.0/26142.0 |
| Resistance: | 26414.0/26460.0 |
Technical Levels: Bank Nifty Near Future
| Support: | 54048.0/53870.0 |
| Resistance: | 54401.0/54564.0 |
(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.)
