Page Summary: Traders shouldn't be surprised if markets take a breather after 20% uptick in 2 months. Jaguar Land Rover may have posted a surprise sales surge in China, but parent Tata Motors is in no mood to celebrate.

Trade Setup 12 June 2020 -

Traders shouldn't be surprised if markets take a breather after 20% uptick in 2 months. Jaguar Land Rover may have posted a surprise sales surge in China, but parent Tata Motors is in no mood to celebrate. The sharp sell-off in global equities will definitely make Indian investors think twice before stepping in today.

Important details found

  • Traders shouldn't be surprised if markets take a breather after 20% uptick in 2 months.
  • Jaguar Land Rover may have posted a surprise sales surge in China, but parent Tata Motors is in no mood to celebrate.
  • The sharp sell-off in global equities will definitely make Indian investors think twice before stepping in today.
  • India gets a relatively weak handover from its global peers and a lot is riding on small clusters of stocks.
  • Global equities pause to catch breath as macro indicators start reflecting pain in the global economy.

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Jaguar Land Rover may have posted a surprise sales surge in China, but parent Tata Motors is in no mood to celebrate.