For US Markets its a Mixed today with DOW at the early part of the day up by more than 100 points , and then cooled down to settle at just above 43 points from yesterday's close. NASDAQ also up by 1.19%(28.27)
Triggers
1.Better than expected results from Boeing
2.Anticipated good news from Tech sector results which are due for tomorrow.
3.Apple reported growth in profit and sales which were above the market's expectations and so as Telecom company Qualcomm.
4.Crude oil rise to settle at $118.30
Impact On India
After good show from yesterday in spite of weak global cues, today Market's can get some investors confidence to do a gap up opening. Being the last day for April F&O contracts, there are chances of some volatality during the day. Indian VIX for 23rd April is at 32.37. I feel Markets can trade in the range of 5000 - 5100 till April 29, and take direction from there on either side based on the RBI policy.
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