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The intraday trend is based on the market sentiment. And the global market affects the Indian market. Asian & the European markets are the major ones to affect.
yes global market impacts on price movements because we generally trade market with sentiments, FII, foreign market so it impacts on the price movements.
Intraday price movement is driven by the market sentiment and the global market plays a major role to decide the market trend /movement of our market on a given day.
Indian market that opens at 9 am IST depends upon the prevailing market condition of its Asian peers like, Hongkong market, Singapore market etc., which would have opened taking the cue from the closing of US market. We can also see some change in the market trend in the Indian market after the open of European markets at 1.30 pm IST.
YES Since all markets are MACROSCOPICALLY driven by sentiments , the intra day trader has to pay attention to the global markets more precisely at least the
other Asian markets This is ,of course , only a crude way of hoping the movement of NIFTY market
Yes it is, all the markets are virtually interrelated, few stocks are traded across multiple markets across the globe
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