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Indian stocks SENSEX showed a sluggish performance in the morning session.

On Thursday, Wall Street had mixed trading. Traders were increasingly cautious ahead of the US major employment statistics, and speculation grew that the Federal Reserve would implement a 50bps rate cut at the end of this month, as the number of employees in July fell to the lowest level in three years.
In response to the softer-than-expected increase in China's export growth in July, investors are becoming more cautious about the August trade statistics to be released on Saturday.
On September 4th, the Nifty 50 closed at its lowest level of the day, ending its 14-day consecutive rise. The Nifty 50 index fell 81 points and closed just below 25,200. While there were profit-taking sales, selective buying of large-cap stocks helped to reduce the intraday losses. The upward trend is still intact, and if the index surpasses 25,300, it cannot rule out further gains to the range of 25,400-25,500. The previous swing high (August 1st) of 25,073 is expected to provide immediate support, with 25,000 being an important support level. The significant support zone on the downside is located at 24,900-24,850, and unless this zone is breached on the downside, it is expected that the Nifty will aim for the level of 25,500 in the short term. The Nifty 50 formed a bullish candlestick pattern on the daily chart. Furthermore, the index defended the 10-day EMA (exponential moving average), which coincides with the previous high on August 1st.
While real estate, PSU banks, and technology stocks declined slightly, healthcare rose by 0.9%, and pharmaceuticals and oil & gas also rose.
Titan Company rose 1.5%, Ultra Tech Cement rose 1.2%, and ITC rose 0.5%, while Nestle India fell 1%, Wipro fell 0.7%, and Bharti Airtel fell 0.6%.
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  • 乱空 OP : I'm busy and various checks and posts are also delayed.[undefined]

  • ピンハネ 乱空 OP : I'm also tired after a busy morning.[undefined]It's good to take it easy and go at your own pace.[undefined]

  • 乱空 OP ピンハネ : Thank you for your hard work, Pinhane-san.[undefined]I went shopping after work, and before I knew it, it was already this late.[undefined]I went to bed after seeing that the beige book from yesterday showed a downward trend, so I'm already feeling a bit sleepy.[undefined]

  • ピンハネ 乱空 OP : The prices have gone up, so shopping is difficult.[undefined]Rice has become very expensive, hasn't it?[undefined]It's a worrisome feeling that it might rise tonight and then fall.[undefined]I have high expectations for Broadcom's financial results.[undefined]

  • 乱空 OP ピンハネ : Various prices have been increasing...
    We buy rice from suppliers along with store use, and they said that new rice has finally started to be available and prices will be revised, so it is expected that prices will increase in supermarkets and other places in the future.[undefined]

    It seems like Blockom's guidance is dependent on the same pattern as N.[undefined]
    I am also expecting a solid shift to S, but there are still doubts and reservations about wanting a reset first.[undefined]

    For now, I'll ride the low-profile stocks and steadily ride the S until the election.[undefined]