Mixed signals for Indian markets, FIIs are buying in cash, some short covering in futures market too:

Global Market: Mixed signals are being seen for Indian markets. FIIs are buying in cash. There was some short covering in the futures market also. Nifty continues to fall. Meanwhile, the US market broke its 7-day high. Nasdaq fell the most by 150 points.

US market situation

Yesterday the markets closed with a decline. The Dow Jones closed with losses for the second consecutive day.

Minimize Oracle!

The stock closed down 3% yesterday. Gross margin in the second quarter was 14%. Revenue from cloud business is expected to grow by 2030. The goal is to increase revenue from cloud business to $144 billion. Currently, the cloud business has revenues of $10 billion.

Trump government in crisis!

Government shutdown continues for seven consecutive days. There is no sign of talks between Trump and the Democrats. Flights from American cities are delayed. If the strike is not ended then the soldiers will not get their salaries. Air traffic control personnel are already underpaid.

Gold prices at record level

International markets witnessed significant growth. Prices on the COMEX crossed $4,000. BofA expects prices to decline in the fourth quarter. Jefferies requires 25% gold in its portfolio.

Asian market

Today mixed business is being seen in the Asian market. GIFT Nifty is trading with a strong gain of 3.00 points. Whereas, Nikkei is seen with a gain of 0.08 percent around 47,987.00. At the same time, a decline of 0.41 percent is seen in Straits Times. Taiwan market is trading at the level of 27,008.74 with a decline of 0.75 percent. While Hang Seng is seen falling by 0.95 percent at the level of 27,008.74. Whereas, Shanghai Composite is trading at the level of 3,882.78 with an increase of 20.25 points or 0.52 percent.