Asian stocks traded higher on Tuesday as investors awaited the release of China's trade data for June.
Markets traded in a range and ended unchanged, extending the prevailing consolidation phase on Monday
Investors are waiting on the side-lines in anticipation of a correction. When everyone fears correction, markets rarely go that way.
The Industrial Production and Manufacturing Production data for May will be released today, 12 July 2021.
Focus will be on upcoming Q1 FY22 results, on which market participants were already cautious due to the second wave of the pandemic
With regards to the Nifty Bank index, it has again disappointed after giving a breakout on the daily chart
Does the current excitement indicate the end of an upcycle? Generally, markets have made intermediate tops when they reach a state of excess
Investors will also be looking at the $1.25 billion initial public offering (IPO) of food delivery startup Zomato next week
The stock market is ignoring short-term pain of Covid-19 and looking at long-term corporate profitability, says Kotak Mahindra AMC's Nilesh Shah
Rising crude prices, delta variant cases, consolidation in global markets are all weighing on the sentiments, says Rahul Sharma