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Nagaraj Shetti: Latest News

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30.06.2020 / 06:10

Extension of curbs weighs on markets as covid numbers surge

MUMBAI : Indian benchmark indices ended lower on Monday with the rapid increase in covid-19 cases around the world, especially in the US, threatening to derail economic recovery. With several India states set to extend the lockdown, markets seem to be weighing in the bad news.

Japan Usa India city Mumbai region Asia-Pacific covid-19 2020 economy

Sensex, Nifty week ahead: Here is what market experts expect

Ruchit Jain, senior analyst at Angel Broking, says: "As per the options data, 10000 - 10500 is seen as the immediate trading range for Nifty. Since the data indicates long positions being rolled, traders are advised to continue to trade with a positive bias and use declines as a buying opportunity."Nagaraj Shetti, technical research analyst at HDFC Securities, says: "The short term trend of Nifty has turned into positive, after the minor weakness from the highs.

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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