Market Wrap for 21st November, 2016

by Tufan Nag on Market Analysis, Market Wrap

As you all know that on Friday the market was in an indecisive mode, and at the end formed a spinning top like pattern. Today the broader index opened higher which was in line with the Asian shares, as oil jumped on optimism OPEC will agree to a supply-cut deal, buoying the region’s energy stocks. But the bears soon gained control over the market and swiftly dragged it below the crucial psychological level of 8000. This happened for the first time since June 24 when global equities had sold off on the surprise Brexit  vote.

To know more watch the video…

 


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