As Geo Political tension rises after US President Obama statement of military action in Iraq therefore Global financial markets are depressing in following manner:-
1- Almost all Asian markets negative closing and some in deep Red.
2- Huge Gap down opening of European markets
1- Weakening of Indian Rupee
4- Crode Oil rates moved up
1- Almost all Asian markets negative closing and some in deep Red.
2- Huge Gap down opening of European markets
1- Weakening of Indian Rupee
4- Crode Oil rates moved up
As so much negative news flow therefore Nifty traded whole day below 7600 after gap down opening between 7541-7585 with lower levels supports but next decisive moves will be decided according to final settlement of Geo Political tension.