Market View: 11 Jun 2024

What happened in last 24 hours:

  • SP500 and Nasdaq closed at another all time high

  • US inflation data and USFed's interest rate decision coming on Wednesday which means market may be indecisive till then.

  • FIIs continue to hold net Short positions in Index Futures.

  • Maruti witnessed good buying activity while Adaniports and BAJAJFINSV witnessed selling in last 15 minutes yesterday which is expected to continue today.

  • Profit booking and lack of new money coming into the market might push the Nifty further down. However, for real time situational awareness, track your chart with Option Scalper.

  • Happy Trading.













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