Developments to Track – Correction in Nikkei
Nikkei (Japan Stock Market Benchmark) has corrected more than 11% before recent recovery. It is currently quoting at 28485.
Nikkei must climb up above 29025 to enter tenable recovery. Below 27600, it may spell negative impact on other Asian Markets.
Track the developments.
Impact on India Stock Market:
Negative, if Nikkei closes below 27600
Positive, if Nikkei closes above 29025