As we begin a fresh new day, the cues we are getting from the US markets are weak, with both Dow Jones and S&P 500 down.After witnessing a stellar rally last week and a holiday on Monday, the US markets have made a comeback, but on the negative side. Asian markets are also lower as Wall Street has a seen a cool off in its rally. Hang Seng is down 1.5 percent, we have the Taiwanese index lower as well. Most of the Asian markets are lower in trade today.The SGX Nifty too is indicating a start in the red for our own markets right now. It is indicating a cut of around 20 points now for our own markets.For our own markets, Tuesday was a stellar rally from the lows, especially in the second half recovery which helped Nifty close at the day. The high midcap index continues to outperform as it ended at a record high for the second-straight session. IT stocks and Reliance Industries led to the Nifty gains on Tuesday.

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21 Jun 2023