Dear Trader…
Indian shares fell for a fifth session on Tuesday and hit their lowest in nearly two months, weighed down by tech and finance stocks, while Fed chief Jerome Powell's re-nomination reinforced expectations the United States would taper its stimulus soon. China's benchmark iron ore futures surged 10% in early trade, as steelmakers were set to resume production after rigorous controls over the past few months.
According to a report on the sector by Infomerics Valuation and Rating Pvt Ltd., a SEBI-registered and RBI-accredited financial services credit rating company, the commercial segment which is relatively a more formal segment (with big players involved) has seen an influx of investment. The report said that with regard to residential spaces, the interest rates on home loans (October 2021) is likely to act as an incentive for prospective buyers. Along with that, the buying decisions now factor in adverse impact on income, 'thriftiness' caused by unforeseen emergencies, 'access to large green areas' and 'access to good healthcare'.
Nifty futures opened at 17325.00 points against the previous close of 17435.05 and opened at a low of 17250.00 points. Nifty Future closed with an average movement of 300.00 points and a rise of around 54.55 points and 17489.60 points...!!
On the NSE, the midcap 100 index will rise 1.76% and smallcap 100 index is closing rise 1.91%. Speaking of various sectoral indices only Media, Metal PSU Bank, Pharma And Realty stocks were seen Buying on the NSE, while all other sectoral indices closed higher.
At the start of intra-day trading, December gold opened at Rs.47946, fell from a high of Rs.48031 points to a low of Rs.47575.00 with a decline of 301 points, a trend of around Rs.47622 and December Silver opened at Rs.64637, fell from a high of Rs.64699 points to a low of Rs.63236, with a decline of 1247 points, a trend of around Rs.63324.
Reverse migration to Tier 2 cities, constant growth of new startups and increased occupier confidence driven by vaccination rates, have helped in overall improvement of the flex industry across the country. The flex market in India is evolving with many enterprises incorporating a flex space component in their portfolio. It is encouraging that flex spaces are currently operating at about 70%, with the trend moving towards pre-pandemic levels. Occupiers are looking at next-generation offices and the future workplaces will be unique to each occupier.
The flex market in India is evolving with many enterprises incorporating a flex space component in their portfolio. There are currently 3410 flexible centres across major cities, operating at about 70%, with the trend moving towards pre-pandemic levels.
“The next 12-18 months is expected to witness businesses of all sizes reassessing the use of their office. The importance of agility and decentralization has been underlined and highlighted by the pandemic and will become critical to businesses as they adapt to change, impelling the industry forward and that's what the future looks like for India. Making Flex mainstream”, said Paras Arora, Founder CEO, Qdesq.
Technically, the important key resistances are placed in Nifty future are at 17505 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 17537 – 17575 levels. Immediate support is placed at 17404 – 17373 levels.
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