US Stock Market
The fear of Omicron, a new variant of COVID-19 led to a sharp fall of 3-3.5% across global indices on 26th
November. DOW closed at 34860, S&P500 closed at 4593 and NASDAQ closed at 16051 while RUSSELL closed at 2250. For today and Tuesday, the trend seems to be favorable. Mars is rising today. The market shall be positive for today and tomorrow. In the current upward move, S&P500 may bounce back to 4680-4700.
Bullion/Precious Metals
Short Gold and Silver at higher levels. S/L for short position in Gold: 1820 & Silver: 24.22.
Indian Stock Market
Indian market is expected to trade positively in today and Tuesday’s session. Nifty has support at 16800 and resistance at 17200.
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