The BSE sensex closed the shop at 57,633UPby 886 points and the Nifty close the day at 17,179 byadding266 points.
On the Upside: Hindalco, Tatasteel, Axisbank, ICIC bank
On the downside-Britania, Cipla, Divislab, Asianpaint
Tech View:- Today’s session were positive mainly due to positive global aspect.Indices shows good recovery and cover the Monday’s losses.In the morning session BSE Sensex opened with a positive gap of 378 points, The Nifty50, on the other hand, was back above the 17,000-mark, up 121 points.
Nifty have formed a Bullish candle on daily chart and close above 17000 level, Hence going further 17200-17200 will act as a resistance and 17000-16900 will act as a support.
European & USA markets: @ IST 4:18 European markets were trading atPositive note. Where the Germany’s DAX tradingPositive by 2.03 %, Other hand France’s CAC40 indexrunningPositiveby 2.15% where, England’s FTSE100 indexPositiveby 1.20%.
Where; wall street @ IST 04:18The DOW future contract tradingPositive334points, S&P 500 Future trading Positive56points, Where; Nasdaq100 futurePositive 272points.
Global News Analysis:
LONDON – The share of household wealth owned by billionaires has risen by a record amount during the pandemic, with millionaires also coming out of COVID-19 ahead, a study found on Tuesday.
German investor sentiment deteriorated in December as a fourth wave of COVID-19 infections and persistent supply bottlenecks in manufacturing clouded the growth outlook for Europe’s largest economy, a survey showed on Tuesday.
European Euro zone banks face rising credit risk as pandemic-related public support measures are withdrawn and may be overly complacent about valuation risks in the hunt for yields, European Central Bank supervisor Andrea Enria said on Tuesday.
LONDON – Oil prices extended gains on Tuesday from a near 5% rebound the day before as concerns about the impact of the Omicron coronavirus variant on global fuel demand eased and Iran nuclear talks stalled, delaying the return of Iranian crude.
INDIA:- As per a recent cabinet note, the term ‘crypto assets’ will be put in place instead of cryptocurrencies, along with a clear distinguishment of the same from the digital currency plans (CBDC) that the government and RBI intend to pilot early next year.