SGX Nifty, global cues hint at gap-down start for D-St on F&O expiry session; 5 things to know before opening
时间:2024-06-26 11:40:52 阅读(143)
Domestic equity markets snapped their gaining streak on Wednesday to end with losses. S&P BSE Sensex slid 109 points or 0.20% to settle at 54,208 while the NSE Nifty 50 index was down 19 points or 0.12% to end the day at 16,240. Bank Nifty ended 0.40% lower while India VIX fell close to 2%. The downward move could accelerate today on the weekly futures & options expiry session as global cues and SGX Nifty suggest a weak opening. SGX Nifty was down more than 300 points during the early hours of trade.
Global watch: On Wednesday, Bears unleashed their wrath on Wall Street and S&P 500 and Dow Jones registered their worst one-day fall since June of 2020. S&P 500 tanked 4.04% while Dow Jones fell 3.57% and NASDAQ was down 4.73%.
Levels to watch out for: Analysts expect heightened volatility on the expiry day. “Riding against the trend may not be beneficial for short term traders. According to volume profile 16100 and 16000 may act as immediate support,” said Om Mehra, Research Associate, Choice Broking. “Bollinger band indicates 16650 would remain strong resistance in coming days. On the other hand, Bank nifty has support at 33400 levels while resistance at 35000 levels,” he added.
FII and DII trades: On Wednesday, Foreign Institutional Investors (FII) were net sellers of domestic stocks, pulling out Rs 1,254 crore. Domestic Institutional Investors (DII) remained net buyers, pumping in Rs 375 crore. FIIs were net buyers of index futures and Index options.
Call and Put open interest: For the May series, Call Open Interest (OI) is the most at 17,000 strike with 40.3 lakh contracts, followed by 16,500 strike with 28.6 lakh contracts. Put OI is maximum at 16,000 strike with 44.7 lakh contracts, followed by 15000 strike.
猜你喜欢
- Nifty to challenge all-time high of 18600 this week, hit 18900 in Dec; Bank Nifty may hit 43500; buy Reliance
- Ahead of IPO, Rainbow Children’s Medicare collects Rs 470 crore from anchor investors
- Nifty to head towards 200 DMA placed at 16600, Bank Nifty may hit 36000 in coming weeks; Buy SBI, HDFC Bank
- After Bennu’s success, NASA launches OSIRIS-APEx on a historic mission to study asteroid Apophis
- Crude oil prices rise on concerns over tightening supply
- Nifty likely to rally if it holds above 18000; follow stock specific trading strategy to pocket gains
- Coal India extends fuel supply agreement tenure for non-regulated sector
- Crude oil prices climb on positive US fuel demand data
- Apollo Tyres Rating- Buy- Company is primed for next leg of growth