Nifty Report

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11761.50 +49.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.17%, while the BSE Sensex 30 index climbed 0.22%.

The biggest gainers of the session on the Nifty 50 were Vedanta Ltd, which rose 2.50% or 4.10 points to trade at 168.10 at the close. Coal India Ltd added 2.00% or 5.10 points to end at 260.35 and Bharat Petroleum Corp. Ltd. was up 2.08% or 7.85 points to 385.55 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 7.35% or 48.10 points to trade at 609.80 in late trade. Yes Bank Ltd declined 5.94% or 6.90 points to end at 109.30 and Maruti Suzuki India Ltd. shed 1.47% or 96.65 points to 6439.00.

The breadth, indicating the overall health of the market, 1521 fell and 921 advanced, while 120 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.26% to 69.656.

CASH FLOW ANALYSIS

FII DII Activity 17th June 2019, In the cash market today, FII’s sold 331 crores stock whereas DII’s bought 1257 crores worth of stock. In the derivative market, FII’s bought 58 crore of Index futures and bought 2757 crores worth of Index options. In the Stock futures segment, FII’s sold 489 crores worth of stock futures and sold 108 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11640. The downside rally could be testing all the way up to 11500-11400 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 11800 level. Key resistance holds at 11800.

 Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11717 +19 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 1.28%, while the BSE Sensex 30 index lost 1.25%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 0.74% or 0.85 points to trade at 116.15 at the close. Zee Entertainment Enterprises Ltd. added 0.36% or 1.20 points to end at 338.10 and Wipro Ltd was up 0.12% or 0.35 points to 299.15 in late trade.

Biggest losers included Tata Steel Ltd, which lost 5.78% or 29.00 points to trade at 473.10 in late trade. JSW Steel Ltd declined 3.78% or 10.25 points to end at 260.20 and Tata Motors Ltd shed 3.47% or 5.70 points to 158.75.

The breadth, indicating the overall health of the market, 1794 fell and 665 advanced, while 123 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.20% to 69.972.

CASH FLOW ANALYSIS

FII DII Activity 17th June 2019, In the cash market today, FII’s sold 331 crores stock whereas DII’s bought 1257 crores worth of stock. In the derivative market, FII’s bought 58 crore of Index futures and bought 2757 crores worth of Index options. In the Stock futures segment, FII’s sold 489 crores worth of stock futures and sold 108 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11600. The downside rally could be testing all the way up to 11500-11400 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 11800 level. Key resistance holds at 11800

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11892.50 -27.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.07%, while the BSE Sensex 30 index lost 0.04%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 11.86% or 73.65 points to trade at 694.30 at the close. Zee Entertainment Enterprises Ltd. added 2.95% or 10.10 points to end at 352.60 and Bharat Petroleum Corp. Ltd. was up 1.81% or 6.90 points to 388.80 in late trade.

Biggest losers included Yes Bank Ltd, which lost 13.47% or 18.15 points to trade at 117.10 in late trade. IndusInd Bank Ltd. declined 4.62% or 72.50 points to end at 1488.85 and UPL Ltd shed 1.70% or 17.40 points to 1005.00.

The breadth, indicating the overall health of the market, 1559 fell and 880 advanced, while 149 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.23% to 69.550.

CASH FLOW ANALYSIS

FII DII Activity 13th June 2019, In the cash market today, FII’s bought 172 crores stock whereas DII’s sold 444 crores worth of stock. In the derivative market, FII’s sold 278 crore of Index futures and bought 2141 crores worth of Index options. In the Stock futures segment, FII’s sold 97 crores worth of stock futures and bought 157 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, testing all the way up to 12020-12100 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 11850 then it might turn bearish once again. The downside rally could test up to 11750-11650 levels. Key resistance holds at 12100.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11906 -19.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.50%, while the BSE Sensex 30 index fell 0.48%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd, which rose 2.70% or 13.30 points to trade at 505.85 at the close. GAIL Ltd added 1.39% or 4.25 points to end at 310.10 and Oil and Natural Gas Corporation Ltd was up 0.95% or 1.60 points to 170.85 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 7.88% or 53.15 points to trade at 621.05 in late trade. Bharti Infratel Ltd declined 3.18% or 9.00 points to end at 273.25 and Yes Bank Ltd shed 3.44% or 4.80 points to 134.75.

The breadth, indicating the overall health of the market, 1431 fell and 989 advanced, while 152 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.06% to 69.350.

CASH FLOW ANALYSIS

FII DII Activity 12th June 2019, In the cash market today, FII’s sold 1050 crores stock whereas DII’s bought 271 crores worth of stock. In the derivative market, FII’s sold 172 crore of Index futures and bought 925 crores worth of Index options. In the Stock futures segment, FII’s sold 282 crores worth of stock futures and sold 65 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11850. The downside rally could be testing all the way up to 11750-11600 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 12000-12100 levels. Key resistance holds at 12100.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11955 -26 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.36%, while the BSE Sensex 30 index climbed 0.42%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 2.70% or 9.05 points to trade at 346.20 at the close. Oil and Natural Gas Corporation Ltd added 2.58% or 4.25 points to end at 169.25 and Tata Motors Ltd was up 2.83% or 4.70 points to 170.75 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 8.07% or 59.20 points to trade at 674.55 in late trade. Sun Pharmaceutical Industries Ltd. declined 2.62% or 10.55 points to end at 389.95 and Mahindra & Mahindra Ltd. shed 1.62% or 10.45 points to 636.85.

The breadth, indicating the overall health of the market, 1365 fell and 1099 advanced, while 147 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.11% to 69.437.

CASH FLOW ANALYSIS

FII DII Activity 11th June 2019, In the cash market today, FII’s bought 95 crores stock whereas DII’s sold 151 crores worth of stock. In the derivative market, FII’s bought 949 crore of Index futures and bought 858 crores worth of Index options. In the Stock futures segment, FII’s bought 562 crores worth of stock futures and sold 10 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bullish in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 12000. The upside rally could be testing all the way up to 12100-12200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11880-11780 levels. Key support holds at 11780.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11922.70 +52.05 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.44%, while the BSE Sensex 30 index added 0.43%.

The biggest gainers of the session on the Nifty 50 were Britannia Industries Ltd, which rose 3.47% or 100.70 points to trade at 2994.30 at the close. Tech Mahindra Ltd added 2.41% or 18.10 points to end at 768.20 and Tata Consultancy Services Ltd. was up 2.17% or 47.35 points to 2231.50 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd., which lost 3.26% or 13.15 points to trade at 389.65 in late trade. Yes Bank Ltd declined 2.43% or 3.40 points to end at 135.90 and Coal India Ltd shed 2.22% or 5.90 points to 259.30.

The breadth, indicating the overall health of the market, 1578 fell and 928 advanced, while 167 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.26% to 69.573.

CASH FLOW ANALYSIS

FII DII Activity 10th June 2019, In the cash market today, FII’s bought 216 crores stock whereas DII’s bought 170 crores worth of stock. In the derivative market, FII’s sold 75 crore of Index futures and bought 196 crores worth of Index options. In the Stock futures segment, FII’s bought 231 crores worth of stock futures and sold 146 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11860. The downside rally could be testing all the way up to 11750-11600 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 12020-12100 levels. Key resistance holds at 12100.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11956.50 +59.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.23%, while the BSE Sensex 30 index gained 0.22%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 2.14% or 5.85 points to trade at 279.65 at the close. IndusInd Bank Ltd. added 2.26% or 34.35 points to end at 1552.20 and Tech Mahindra Ltd was up 1.49% or 11.00 points to 750.75 in late trade.

Biggest losers included Dr. Reddy’s Laboratories Ltd, which lost 2.91% or 77.30 points to trade at 2580.70 in late trade. Yes Bank Ltd declined 2.37% or 3.40 points to end at 139.90 and Power Grid Corporation of India Ltd shed 1.79% or 3.50 points to 191.75.

The breadth, indicating the overall health of the market, 1370 fell and 1021 advanced, while 135 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.57% to 69.515.

CASH FLOW ANALYSIS

FII DII Activity 7th June 2019, In the cash market today, FII’s sold 478 crores stock whereas DII’s bought 179 crores worth of stock. In the derivative market, FII’s sold 287 crore of Index futures and bought 451 crores worth of Index options. In the Stock futures segment, FII’s bought 307 crores worth of stock futures and bought 55 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11800. The downside rally could be testing all the way up to 11700-11600 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 12000-12100 levels. Key resistance holds at 12100.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11858 -26 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 1.48%, while the BSE Sensex 30 index declined 1.38%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd, which rose 2.96% or 7.80 points to trade at 269.15 at the close. Titan Company Ltd added 1.76% or 22.00 points to end at 1269.45 and Hero MotoCorp Ltd was up 1.50% or 41.20 points to 2788.75 in late trade.

Biggest losers included GAIL Ltd, which lost 11.49% or 41.15 points to trade at 316.30 in late trade. Indiabulls Housing Finance Ltd declined 7.73% or 61.55 points to end at 735.80 and IndusInd Bank Ltd. shed 6.84% or 112.00 points to 1522.65.

The breadth, indicating the overall health of the market, 1776 fell and 725 advanced, while 129 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.20% to 69.249.

CASH FLOW ANALYSIS

FII DII Activity 6th June 2019, In the cash market today, FII’s sold 1448 crores stock whereas DII’s sold 650 crores worth of stock. In the derivative market, FII’s sold 1473 crore of Index futures and bought 4991 crores worth of Index options. In the Stock futures segment, FII’s sold 210 crores worth of stock futures and sold 29 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11800. The downside rally could be testing all the way up to 11700-11600 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 12000-12100 levels. Key resistance holds at 12100.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 12035 -46 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.55%, while the BSE Sensex 30 index lost 0.46%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 2.61% or 3.90 points to trade at 152.80 at the close. Bharti Infratel Ltd added 2.29% or 6.15 points to end at 274.00 and NTPC Ltd was up 1.50% or 2.00 points to 135.05 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 3.70% or 13.30 points to trade at 346.05 in late trade. Hero MotoCorp Ltd declined 2.86% or 81.25 points to end at 2752.70 and Tata Consultancy Services Ltd. shed 2.42% or 54.30 points to 2183.10.

The breadth, indicating the overall health of the market, 1405 fell and 1054 advanced, while 167 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.28% to 69.272.

CASH FLOW ANALYSIS

FII DII Activity 4th June 2019, In the cash market today, FII’s sold 416 crores stock whereas DII’s sold 355 crores worth of stock. In the derivative market, FII’s sold 1152 crore of Index futures and bought 1603 crores worth of Index options. In the Stock futures segment, FII’s sold 748 crores worth of stock futures and sold 8 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 12100. The upside rally could be testing all the way up to 12200-12300 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11920-11800 levels. Key support holds at 11800.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 12069 -49 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 1.39% to hit a new all-time high, while the BSE Sensex 30 index added 1.39%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd, which rose 5.77% or 154.75 points to trade at 2840.25 at the close. Bajaj Auto Ltd added 3.56% or 104.25 points to end at 3034.60 and Asian Paints Ltd. was up 3.82% or 53.70 points to 1459.25 in late trade.

Biggest losers included GAIL Ltd, which lost 0.78% or 2.80 points to trade at 357.45 in late trade. Tech Mahindra Ltd declined 0.22% or 1.65 points to end at 757.60 and ICICI Bank Ltd shed 0.20% or 0.85 points to 422.90.

The breadth, indicating the overall health of the market, 1370 fell and 1127 advanced, while 154 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.47% to 69.252.

CASH FLOW ANALYSIS

FII DII Activity 3rd June 2019, In the cash market today, FII’s bought 3068 crores stock whereas DII’s sold 462 crores worth of stock. In the derivative market, FII’s bought 2295 crore of Index futures and bought 1133 crores worth of Index options. In the Stock futures segment, FII’s bought 1358 crores worth of stock futures and sold 43 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 12120. The upside rally could be testing all the way up to 12200-12300 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 12000-11900 levels. Key support holds at 11900.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11983 +7 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.19%, while the BSE Sensex 30 index lost 0.30%.

The biggest gainers of the session on the Nifty 50 were Tech Mahindra Ltd, which rose 3.81% or 28.00 points to trade at 760.35 at the close. Asian Paints Ltd. added 2.36% or 32.45 points to end at 1407.30 and Tata Consultancy Services Ltd. was up 2.50% or 53.70 points to 2196.55 in late trade.

Biggest losers included Yes Bank Ltd, which lost 4.81% or 7.45 points to trade at 147.80 in late trade. ITC Ltd declined 3.50% or 10.10 points to end at 278.55 and Grasim Industries Ltd shed 3.06% or 27.85 points to 886.10.

The breadth, indicating the overall health of the market, 1511 fell and 978 advanced, while 145 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.23% to 69.897.

CASH FLOW ANALYSIS

FII DII Activity 31st May 2019, In the cash market today, FII’s bought 676 crores stock whereas DII’s bought 394 crores worth of stock. In the derivative market, FII’s sold 404 crore of Index futures and bought 2693 crores worth of Index options. In the Stock futures segment, FII’s bought 2430 crores worth of stock futures and bought 51 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11850. The downside rally could be testing all the way up to 11750-11650 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 12050 level. Key resistance holds at 12050.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11978.50 +2.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.71% to hit a new all-time high, while the BSE Sensex 30 index added 0.84%.

The biggest gainers of the session on the Nifty 50 were NTPC Ltd, which rose 3.32% or 4.35 points to trade at 135.10 at the close. Bharti Airtel Ltd. added 2.05% or 6.95 points to end at 346.70 and Yes Bank Ltd was up 2.34% or 3.55 points to 155.00 in late trade.

Biggest losers included Eicher Motors Ltd., which lost 2.22% or 453.75 points to trade at 19891.50 in late trade. Sun Pharmaceutical Industries Ltd. declined 2.57% or 10.90 points to end at 412.75 and Zee Entertainment Enterprises Ltd. shed 2.13% or 7.95 points to 365.25.

The breadth, indicating the overall health of the market, 1275 fell and 1195 advanced, while 146 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.09% to 69.873.

CASH FLOW ANALYSIS

FII DII Activity 30th May 2019, In the cash market today, FII’s bought 1664 crores stock whereas DII’s sold 1122 crores worth of stock. In the derivative market, FII’s bought 2221 crore of Index futures and bought 2025 crores worth of Index options. In the Stock futures segment, FII’s bought 1025 crores worth of stock futures and bought 237 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 12000. The upside rally could be testing all the way up to 12100-12200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11820-11700 levels. Key support holds at 11700.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11874.50 +10.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.57%, while the BSE Sensex 30 index declined 0.62%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd., which rose 2.25% or 9.30 points to trade at 423.80 at the close. Bharti Infratel Ltd added 2.51% or 6.75 points to end at 275.70 and Tata Consultancy Services Ltd. was up 1.95% or 40.45 points to 2107.55 in late trade.

Biggest losers included State Bank of India, which lost 3.29% or 11.85 points to trade at 348.65 in late trade. Tata Steel Ltd declined 2.86% or 14.50 points to end at 493.30 and ICICI Bank Ltd shed 2.49% or 10.80 points to 423.30.

The breadth, indicating the overall health of the market, 1456 fell and 1024 advanced, while 149 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.27% to 69.834.

CASH FLOW ANALYSIS

FII DII Activity 29th May 2019, In the cash market today, FII’s sold 304 crores stock whereas DII’s sold 189 crores worth of stock. In the derivative market, FII’s sold 734 crore of Index futures and bought 2493 crores worth of Index options. In the Stock futures segment, FII’s sold 791 crores worth of stock futures and sold 15 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 11720-11650 levels in upcoming sessions. Alternatively, if the market break above a key resistance holding at 10950 then it might turn bullish once again. The upside rally could test up to 12050-12150 levels. Key support holds at 11650.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11921.50 -7.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.03% to hit a new all-time high, while the BSE Sensex 30 index added 0.17%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 5.26% or 19.00 points to trade at 381.80 at the close. Yes Bank Ltd added 4.50% or 6.60 points to end at 152.80 and Infosys Ltd was up 2.56% or 18.15 points to 728.10 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 4.06% or 11.35 points to trade at 269.00 in late trade. Hero MotoCorp Ltd declined 2.56% or 72.20 points to end at 2743.10 and Grasim Industries Ltd shed 2.54% or 23.80 points to 910.95.

The breadth, indicating the overall health of the market, 1338 rose and 1142 declined, while 138 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.24% to 69.660.

CASH FLOW ANALYSIS

FII DII Activity 28th May 2019, In the cash market today, FII’s sold 501 crores stock whereas DII’s bought 269 crores worth of stock. In the derivative market, FII’s sold 947 crore of Index futures and sold 353 crores worth of Index options. In the Stock futures segment, FII’s bought 133 crores worth of stock futures and bought 7 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bullish in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11960. The upside rally could be testing all the way up to 12050-12150 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11850-11700 levels. Key support holds at 11700.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11919.50 -4.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.68% to hit a new all-time high, while the BSE Sensex 30 index climbed 0.63%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd, which rose 5.80% or 28.10 points to trade at 512.55 at the close. Hindustan Petroleum Corporation Ltd added 4.45% or 13.45 points to end at 316.55 and Yes Bank Ltd was up 3.93% or 5.55 points to 146.80 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 4.47% or 16.85 points to trade at 361.00 in late trade. Lupin Ltd declined 2.38% or 18.20 points to end at 743.30 and IndusInd Bank Ltd. shed 2.00% or 32.90 points to 1612.80.

The breadth, indicating the overall health of the market, 1748 rose and 764 declined, while 147 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.22% to 69.525.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bullish in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11960. The upside rally could be testing all the way up to 12050-12150 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11850-11700 levels. Key support holds at 11700.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11854 +175 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 1.60% to hit a new all-time high, while the BSE Sensex 30 index gained 1.61%.

The biggest gainers of the session on the Nifty 50 were ICICI Bank Ltd, which rose 5.27% or 21.65 points to trade at 431.75 at the close. Larsen & Toubro Ltd added 4.13% or 60.90 points to end at 1544.15 and Zee Entertainment Enterprises Ltd. was up 4.16% or 15.00 points to 376.85 in late trade.

Biggest losers included Tech Mahindra Ltd, which lost 0.85% or 6.30 points to trade at 735.85 in late trade. NTPC Ltd declined 0.27% or 0.35 points to end at 129.15 and Tata Consultancy Services Ltd. shed 0.20% or 4.05 points to 2048.00.

The breadth, indicating the overall health of the market, 1784 rose and 644 declined, while 150 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.17% to 69.566.

CASH FLOW ANALYSIS

FII DII Activity 24th May 2019, In the cash market today, FII’s bought 2026 crores stock whereas DII’s sold 195 crores worth of stock. In the derivative market, FII’s sold 9 crore of Index futures and bought 3012 crores worth of Index options. In the Stock futures segment, FII’s sold 364 crores worth of stock futures and bought 40 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11900. The upside rally could be testing all the way up to 12000-12100 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11720-11600 levels. Key support holds at 11600.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11742 +63 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.69%, while the BSE Sensex 30 index declined 0.76%.

The biggest gainers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd, which rose 5.84% or 22.55 points to trade at 407.55 at the close. Zee Entertainment Enterprises Ltd. added 5.55% or 19.00 points to end at 360.45 and IndusInd Bank Ltd. was up 5.20% or 79.00 points to 1598.75 in late trade.

Biggest losers included Vedanta Ltd, which lost 5.59% or 9.30 points to trade at 157.35 in late trade. Eicher Motors Ltd. declined 4.19% or 889.15 points to end at 20321.15 and ITC Ltd shed 3.80% or 11.40 points to 288.20.

The breadth, indicating the overall health of the market, 1270 fell and 1148 advanced, while 169 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.45% to 69.992.

CASH FLOW ANALYSIS

FII DII Activity 23rd May 2019, In the cash market today, FII’s bought 1352 crores stock whereas DII’s sold 593 crores worth of stock. In the derivative market, FII’s sold 1413 crore of Index futures and bought 6422 crores worth of Index options. In the Stock futures segment, FII’s sold 372 crores worth of stock futures and bought 133 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11600. The downside rally could be testing all the way up to 11500-11400 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11800-11900 level. Key resistance holds at 11900.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11834.50 +54.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.25%, while the BSE Sensex 30 index added 0.36%.

The biggest gainers of the session on the Nifty 50 were IndusInd Bank Ltd., which rose 5.54% or 80.25 points to trade at 1518.90 at the close. Sun Pharmaceutical Industries Ltd. added 3.46% or 14.15 points to end at 421.20 and Bharat Petroleum Corp. Ltd. was up 2.35% or 8.80 points to 384.25 in late trade.

Biggest losers included Tech Mahindra Ltd, which lost 2.98% or 23.05 points to trade at 749.95 in late trade. Indiabulls Housing Finance Ltd declined 2.94% or 23.75 points to end at 784.55 and Yes Bank Ltd shed 1.49% or 2.10 points to 137.55.

The breadth, indicating the overall health of the market, 1316 rose and 1127 declined, while 174 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.01% to 69.665.

CASH FLOW ANALYSIS

FII DII Activity 22nd May 2019, In the cash market today, FII’s sold 965 crores stock whereas DII’s sold 157 crores worth of stock. In the derivative market, FII’s bought 135 crore of Index futures and sold 2523 crores worth of Index options. In the Stock futures segment, FII’s sold 480 crores worth of stock futures and sold 164 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up consolidated but bullish in trend inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11800. The upside rally could be testing all the way up to 11900-12000 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11680-11600 level. Key support holds at 11600.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11734 +7.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 1.01%, while the BSE Sensex 30 index fell 0.97%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd, which rose 2.92% or 75.60 points to trade at 2667.00 at the close. Bharti Infratel Ltd added 2.10% or 5.65 points to end at 276.10 and Reliance Industries Ltd was up 1.06% or 14.00 points to 1339.80 in late trade.

Biggest losers included Tata Motors Ltd, which lost 6.60% or 12.55 points to trade at 176.80 in late trade. Bharat Petroleum Corp. Ltd. declined 4.20% or 16.45 points to end at 374.45 and Zee Entertainment Enterprises Ltd. shed 4.33% or 15.70 points to 347.70.

The breadth, indicating the overall health of the market, 1527 fell and 933 advanced, while 144 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.20% to 69.707.

CASH FLOW ANALYSIS

FII DII Activity 21st May 2019, In the cash market today, FII’s bought 1185 crores stock whereas DII’s sold 1090 crores worth of stock. In the derivative market, FII’s sold 86 crore of Index futures and bought 572 crores worth of Index options. In the Stock futures segment, FII’s sold 884 crores worth of stock futures and sold 111 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bearish in trend after few positive rallies inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11650. The downside rally could be testing all the way up to 11600-11500 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11800-11880 level. Key resistance holds at 11880.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11880.50 +15.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 3.69% to hit a new all-time high, while the BSE Sensex 30 index gained 3.75%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 10.62% or 76.80 points to trade at 814.55 at the close. Adani Port and Special Economic Zone Ltd added 10.99% or 40.35 points to end at 400.10 and IndusInd Bank Ltd. was up 8.77% or 120.45 points to 1494.65 in late trade.

Biggest losers included Dr. Reddy’s Laboratories Ltd, which lost 5.50% or 151.00 points to trade at 2589.40 in late trade. Zee Entertainment Enterprises Ltd. declined 3.00% or 11.15 points to end at 362.50 and Bajaj Auto Ltd shed 0.82% or 25.05 points to 3006.30.

The breadth, indicating the overall health of the market, 1957 rose and 595 declined, while 156 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.93% to 69.691.

CASH FLOW ANALYSIS

FII DII Activity 20th May 2019, In the cash market today, FII’s bought 1734 crores stock whereas DII’s sold 542 crores worth of stock. In the derivative market, FII’s bought 1070 crore of Index futures and bought 1537 crores worth of Index options. In the Stock futures segment, FII’s bought 792 crores worth of stock futures and bought 26 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bullish in trend along with some corrections and a gap up inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11860. The upside rally could be testing all the way up to 11950-12000 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11720-11600 level. Key support holds at 11600.

 Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11742 +307.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 1.33%, while the BSE Sensex 30 index gained 1.44%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 8.32% or 28.75 points to trade at 372.15 at the close. Bajaj Finance Ltd added 5.95% or 184.95 points to end at 3301.10 and Bajaj Finserv Ltd was up 4.75% or 361.55 points to 7992.95 in late trade.

Biggest losers included Lupin Ltd, which lost 3.72% or 29.10 points to trade at 753.15 in late trade. Yes Bank Ltd declined 2.65% or 3.65 points to end at 134.15 and Hindustan Petroleum Corporation Ltd shed 2.47% or 6.95 points to 274.70.

The breadth, indicating the overall health of the market, 1342 rose and 1081 declined, while 135 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.09% to 70.135.

CASH FLOW ANALYSIS

FII DII Activity 17th May 2019, In the cash market today, FII’s sold 1057 crores stock whereas DII’s bought 1809 crores worth of stock. In the derivative market, FII’s bought 311 crore of Index futures and sold 840 crores worth of Index options. In the Stock futures segment, FII’s bought 591 crores worth of stock futures and sold 108 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bullish in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11450. The upside rally could be testing all the way up to 11500-11600 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11320-11220 level. Key support holds at 11220.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11290 -15 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.90%, while the BSE Sensex 30 index added 0.75%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 9.11% or 29.35 points to trade at 345.70 at the close. Hindustan Petroleum Corporation Ltd added 5.83% or 15.60 points to end at 281.10 and Bharat Petroleum Corp. Ltd. was up 4.85% or 17.45 points to 375.55 in late trade.

Biggest losers included Yes Bank Ltd, which lost 3.32% or 4.75 points to trade at 137.75 in late trade. Bharti Airtel Ltd. declined 2.26% or 7.50 points to end at 325.20 and IndusInd Bank Ltd. shed 1.62% or 22.40 points to 1358.20.

The breadth, indicating the overall health of the market, 1261 fell and 1123 advanced, while 138 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.27% to 70.043.

CASH FLOW ANALYSIS

FII DII Activity 16th May 2019, In the cash market today, FII’s sold 953 crores stock whereas DII’s bought 948 crores worth of stock. In the derivative market, FII’s sold 819 crore of Index futures and sold 2011 crores worth of Index options. In the Stock futures segment, FII’s bought 420 crores worth of stock futures and bought 167 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11300. The upside rally could be testing all the way up to 11400-11500 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11200-11100 level. Key support holds at 11100.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11185.50 +23.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.58%, while the BSE Sensex 30 index declined 0.55%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd, which rose 4.52% or 130.25 points to trade at 3002.75 at the close. Eicher Motors Ltd. added 4.23% or 814.10 points to end at 19997.75 and UPL Ltd was up 1.56% or 14.90 points to 969.50 in late trade.

Biggest losers included Yes Bank Ltd, which lost 8.66% or 13.50 points to trade at 142.95 in late trade. Tata Motors Ltd declined 7.48% or 13.80 points to end at 169.45 and Zee Entertainment Enterprises Ltd. shed 6.84% or 23.70 points to 322.35.

The breadth, indicating the overall health of the market, 1500 fell and 941 advanced, while 159 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.04% to 70.335.

CASH FLOW ANALYSIS

FII DII Activity 15th May 2019, In the cash market today, FII’s sold 1142 crores stock whereas DII’s bought 671 crores worth of stock. In the derivative market, FII’s bought 275 crore of Index futures and sold 1897 crores worth of Index options. In the Stock futures segment, FII’s bought 312 crores worth of stock futures and sold 348 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11100. The downside rally could be testing all the way up to 11000-10900 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11200-11300 level. Key resistance holds at 11300.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11263.50 +2.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.66%, while the BSE Sensex 30 index added 0.61%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 6.49% or 42.80 points to trade at 697.00 at the close. Bharti Airtel Ltd. added 6.07% or 19.35 points to end at 336.60 and Sun Pharmaceutical Industries Ltd. was up 5.63% or 22.40 points to 419.45 in late trade.

Biggest losers included Tech Mahindra Ltd, which lost 3.08% or 25.20 points to trade at 790.05 in late trade. Tata Consultancy Services Ltd. declined 1.55% or 32.95 points to end at 2092.35 and Bajaj Finance Ltd shed 1.57% or 46.10 points to 2881.85.

The breadth, indicating the overall health of the market, 1238 fell and 1170 advanced, while 125 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.23% to 70.382.

CASH FLOW ANALYSIS

FII DII Activity 13th May 2019, In the cash market today, FII’s sold 2011 crores stock whereas DII’s bought 2242 crores worth of stock. In the derivative market, FII’s sold 702 crore of Index futures and sold 1556 crores worth of Index options. In the Stock futures segment, FII’s bought 409 crores worth of stock futures and bought 26 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11280. The upside rally could be testing all the way up to 11350-11450 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11100 level. Key support holds at 11100.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11146 -39 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 1.16% to hit a new 1-month low, while the BSE Sensex 30 index lost 0.99%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 1.24% or 3.25 points to trade at 265.45 at the close. Titan Company Ltd added 1.49% or 16.90 points to end at 1144.70 and Housing Development Finance Corporation Ltd was up 1.31% or 25.30 points to 1952.90 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 5.43% or 23.75 points to trade at 398.10 in late trade. Eicher Motors Ltd. declined 8.13% or 1654.00 points to end at 18751.75 and Zee Entertainment Enterprises Ltd. shed 6.64% or 24.65 points to 342.05.

The breadth, indicating the overall health of the market, 1796 fell and 605 advanced, while 152 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.70% to 70.422.

CASH FLOW ANALYSIS

FII DII Activity 13th May 2019, In the cash market today, FII’s sold 1056 crores stock whereas DII’s bought 1057 crores worth of stock. In the derivative market, FII’s sold 137 crore of Index futures and sold 908 crores worth of Index options. In the Stock futures segment, FII’s bought 186 crores worth of stock futures and sold 7 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11100. The downside rally could be testing all the way up to 11000-10900 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11200-11300 level. Key resistance holds at 11300.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11301 -41 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.20% to hit a new 1-month low, while the BSE Sensex 30 index fell 0.26%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 3.52% or 12.60 points to trade at 371.20 at the close. State Bank of India added 2.54% or 7.60 points to end at 308.05 and Bharti Airtel Ltd. was up 1.92% or 6.05 points to 324.10 in late trade.

Biggest losers included Tata Steel Ltd, which lost 6.20% or 32.20 points to trade at 486.80 in late trade. HCL Technologies Ltd declined 4.54% or 51.55 points to end at 1086.65 and Yes Bank Ltd shed 3.46% or 5.90 points to 163.85.

The breadth, indicating the overall health of the market, 1213 fell and 1179 advanced, while 157 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.34% to 69.826.

CASH FLOW ANALYSIS

FII DII Activity 10th May 2019, In the cash market today, FII’s sold 1245 crores stock whereas DII’s bought 1057 crores worth of stock. In the derivative market, FII’s sold 1296 crore of Index futures and sold 35 crores worth of Index options. In the Stock futures segment, FII’s bought 362 crores worth of stock futures and bought 27 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11250. The downside rally could be testing all the way up to 11200-11100 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11400-11500 level. Key resistance holds at 11500.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11334.50 -7.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.51% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.61%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 8.40% or 27.85 points to trade at 357.90 at the close. Yes Bank Ltd added 6.47% or 10.40 points to end at 170.30 and Bajaj Finance Ltd was up 1.63% or 47.70 points to 2971.35 in late trade.

Biggest losers included Reliance Industries Ltd, which lost 3.56% or 46.30 points to trade at 1256.45 in late trade. Bharat Petroleum Corp. Ltd. declined 3.19% or 12.10 points to end at 368.05 and Bharti Airtel Ltd. shed 1.85% or 6.00 points to 315.45.

The breadth, indicating the overall health of the market, 1341 fell and 1040 advanced, while 140 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.22% to 69.891.

CASH FLOW ANALYSIS

FII DII Activity 9th May 2019, In the cash market today, FII’s sold 655 crores stock whereas DII’s bought 677 crores worth of stock. In the derivative market, FII’s sold 2068 crore of Index futures and bought 2046 crores worth of Index options. In the Stock futures segment, FII’s sold 951 crores worth of stock futures and sold 159 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11250. The downside rally could be testing all the way up to 11200-11100 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11400-11500 level. Key resistance holds at 11500.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11370 -33 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 1.20% to hit a new 1-month low, while the BSE Sensex 30 index fell 1.27%.

The biggest gainers of the session on the Nifty 50 were UPL Ltd, which rose 1.14% or 10.85 points to trade at 961.65 at the close. Bharat Petroleum Corp. Ltd. fell 0.65% or 2.45 points to end at 379.80 and Titan Company Ltd was up 0.95% or 10.30 points to 1088.70 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 10.05% or 37.10 points to trade at 331.60 in late trade. Reliance Industries Ltd declined 3.41% or 45.75 points to end at 1299.45 and Bajaj Finance Ltd shed 3.55% or 107.05 points to 2921.30.

The breadth, indicating the overall health of the market, 1745 fell and 653 advanced, while 145 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.07% to 69.635.

CASH FLOW ANALYSIS

FII DII Activity 8th May 2019, In the cash market today, FII’s sold 701 crores stock whereas DII’s bought 232 crores worth of stock. In the derivative market, FII’s sold 1128 crore of Index futures and sold 735 crores worth of Index options. In the Stock futures segment, FII’s sold 956 crores worth of stock futures and sold 119 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11300. The downside rally could be testing all the way up to 11200-11100 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11400-11500 level. Key resistance holds at 11500.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11684 -76.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.11%, while the BSE Sensex 30 index lost 0.05%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 4.15% or 28.20 points to trade at 705.70 at the close. Bharti Airtel Ltd. added 2.64% or 8.55 points to end at 331.45 and NTPC Ltd was up 2.07% or 2.75 points to 135.45 in late trade.

Biggest losers included Tata Consultancy Services Ltd., which lost 3.54% or 78.40 points to trade at 2132.00 in late trade. Tech Mahindra Ltd declined 2.61% or 21.85 points to end at 817.40 and Adani Port and Special Economic Zone Ltd shed 2.02% or 8.00 points to 387.25.

The breadth, indicating the overall health of the market, 1421 fell and 997 advanced, while 176 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.19% to 69.300.

CASH FLOW ANALYSIS

FII DII Activity 3rd May 2019, In the cash market today, FII’s sold 400 crores stock whereas DII’s bought 57 crores worth of stock. In the derivative market, FII’s bought 153 crore of Index futures and bought 567 crores worth of Index options. In the Stock futures segment, FII’s bought 547 crores worth of stock futures and bought 66 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11780. The upside rally could be testing all the way up to 11850-11900 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11650-11550 level. Key support holds at 11550.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11747.50 -7.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.20%, while the BSE Sensex 30 index lost 0.13%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 3.57% or 6.00 points to trade at 173.75 at the close. Bharti Infratel Ltd added 3.60% or 9.45 points to end at 270.85 and Power Grid Corporation of India Ltd was up 2.04% or 3.80 points to 190.20 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 3.57% or 15.45 points to trade at 418.45 in late trade. Tata Motors Ltd declined 3.45% or 7.40 points to end at 207.30 and Hindustan Petroleum Corporation Ltd shed 3.31% or 9.65 points to 281.95.

The breadth, indicating the overall health of the market, 1395 fell and 1027 advanced, while 156 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.34% to 69.403.

CASH FLOW ANALYSIS

FII DII Activity 2nd May 2019, In the cash market today, FII’s bought 597 crores stock whereas DII’s sold 791 crores worth of stock. In the derivative market, FII’s sold 516 crore of Index futures and bought 277 crores worth of Index options. In the Stock futures segment, FII’s bought 269 crores worth of stock futures and bought 98 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 11680-11600 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11800 then it might turn bullish once again. The upside rally could test up to 11900-12000 level. Key support holds at 11600.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11791.50 -57.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.06%, while the BSE Sensex 30 index lost 0.09%.

The biggest gainers of the session on the Nifty 50 were HCL Technologies Ltd, which rose 3.53% or 40.25 points to trade at 1183.35 at the close. Zee Entertainment Enterprises Ltd. added 4.06% or 16.95 points to end at 432.60 and Indian Oil Corporation Ltd was up 3.70% or 5.65 points to 158.05 in late trade.

Biggest losers included Yes Bank Ltd, which lost 29.70% or 70.45 points to trade at 168.00 in late trade. Indiabulls Housing Finance Ltd declined 6.40% or 47.25 points to end at 695.45 and IndusInd Bank Ltd. shed 5.80% or 98.55 points to 1606.50.

The breadth, indicating the overall health of the market, 1744 fell and 696 advanced, while 144 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.28% to 69.626.

CASH FLOW ANALYSIS

FII DII Activity 30th April 2019, In the cash market today, FII’s bought 114 crores stock whereas DII’s bought 730 crores worth of stock. In the derivative market, FII’s sold 1479 crore of Index futures and bought 1051 crores worth of Index options. In the Stock futures segment, FII’s bought 165 crores worth of stock futures and sold 69 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bullish in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11800. The upside rally could be testing all the way up to 11900-12000 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11700-11600 level. Key support holds at 11600.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11873.50 +59.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.97%, while the BSE Sensex 30 index gained 0.87%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd, which rose 7.19% or 36.70 points to trade at 545.25 at the close. Bharat Petroleum Corp. Ltd. added 3.78% or 13.55 points to end at 371.05 and GAIL Ltd was up 2.87% or 9.85 points to 353.40 in late trade.

Biggest losers included Tata Motors Ltd, which lost 2.88% or 6.40 points to trade at 215.60 in late trade. Bajaj Auto Ltd declined 1.40% or 43.35 points to end at 3044.65 and Grasim Industries Ltd shed 1.46% or 13.50 points to 913.45.

The breadth, indicating the overall health of the market, 1393 fell and 1031 advanced, while 149 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.27% to 69.972.

CASH FLOW ANALYSIS

FII DII Activity 26th April 2019, In the cash market today, FII’s sold 70 crores stock whereas DII’s bought 920 crores worth of stock. In the derivative market, FII’s bought 303 crore of Index futures and bought 1602 crores worth of Index options. In the Stock futures segment, FII’s bought 1021 crores worth of stock futures and bought 133 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11800. The upside rally could be testing all the way up to 11900-12000 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11700-11600 level. Key support holds at 11600.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11724 -13 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 1.30%, while the BSE Sensex 30 index added 1.27%.

The biggest gainers of the session on the Nifty 50 were Hindustan Petroleum Corporation Ltd, which rose 6.04% or 15.40 points to trade at 268.80 at the close. UltraTech Cement Ltd added 5.57% or 233.75 points to end at 4394.65 and Bharat Petroleum Corp. Ltd. was up 3.75% or 12.60 points to 349.00 in late trade.

Biggest losers included Tata Motors Ltd, which lost 3.19% or 7.40 points to trade at 223.60 in late trade. Hero MotoCorp Ltd declined 0.84% or 22.15 points to end at 2611.90 and Coal India Ltd shed 0.59% or 1.50 points to 254.00.

The breadth, indicating the overall health of the market, 1209 rose and 1202 declined, while 147 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.18% to 69.845.

CASH FLOW ANALYSIS

FII DII Activity 24th April 2019, In the cash market today, FII’s bought 974 crores stock whereas DII’s sold 657 crores worth of stock. In the derivative market, FII’s bought 441 crore of Index futures and sold 124 crores worth of Index options. In the Stock futures segment, FII’s bought 382 crores worth of stock futures and bought 60 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11750. The upside rally could be testing all the way up to 11800-11900 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11650-11550 level. Key support holds at 11550.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11575.95 -18.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.16%, while the BSE Sensex 30 index lost 0.21%.

The biggest gainers of the session on the Nifty 50 were Lupin Ltd, which rose 3.89% or 32.35 points to trade at 867.60 at the close. Oil and Natural Gas Corporation Ltd added 4.50% or 7.10 points to end at 163.75 and Zee Entertainment Enterprises Ltd. was up 3.20% or 12.70 points to 409.15 in late trade.

Biggest losers included Maruti Suzuki India Ltd., which lost 3.55% or 260.25 points to trade at 7048.90 in late trade. Yes Bank Ltd declined 3.08% or 7.35 points to end at 232.70 and IndusInd Bank Ltd. shed 1.96% or 33.10 points to 1651.35.

The breadth, indicating the overall health of the market, 1352 fell and 1088 advanced, while 142 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.08% to 69.767.

CASH FLOW ANALYSIS

FII DII Activity 23rd April 2019, In the cash market today, FII’s sold 237 crores stock whereas DII’s bought 198 crores worth of stock. In the derivative market, FII’s bought 1793 crore of Index futures and bought 284 crores worth of Index options. In the Stock futures segment, FII’s bought 193 crores worth of stock futures and bought 153 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11550. The downside rally could be testing all the way up to 11500-11400 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11730 level. Key resistance holds at 11730.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11620.50 +3.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 1.35%, while the BSE Sensex 30 index declined 1.26%.

The biggest gainers of the session on the Nifty 50 were Wipro Ltd, which rose 1.21% or 3.45 points to trade at 288.25 at the close. Bharti Airtel Ltd. added 1.46% or 5.05 points to end at 349.40 and Tech Mahindra Ltd was up 0.71% or 5.65 points to 805.35 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 9.07% or 72.60 points to trade at 733.95 in late trade. Yes Bank Ltd declined 6.92% or 17.70 points to end at 238.35 and Bharat Petroleum Corp. Ltd. shed 6.32% or 22.95 points to 340.10.

The breadth, indicating the overall health of the market, 1715 fell and 708 advanced, while 164 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.33% to 69.620.

CASH FLOW ANALYSIS

FII DII Activity 22nd April 2019, In the cash market today, FII’s bought 73 crores stock whereas DII’s sold 68 crores worth of stock. In the derivative market, FII’s bought 294 crore of Index futures and bought 3411 crores worth of Index options. In the Stock futures segment, FII’s sold 454 crores worth of stock futures and sold 88 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11550. The downside rally could be testing all the way up to 11500-11400 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11730 level. Key resistance holds at 11730.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11777 -31 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.29%, while the BSE Sensex 30 index declined 0.34%.

The biggest gainers of the session on the Nifty 50 were Reliance Industries Ltd, which rose 3.14% or 42.20 points to trade at 1385.95 at the close. Tata Motors Ltd added 2.49% or 5.75 points to end at 236.25 and Bharat Petroleum Corp. Ltd. was up 1.51% or 5.40 points to 362.90 in late trade.

Biggest losers included Yes Bank Ltd, which lost 4.00% or 10.65 points to trade at 255.80 in late trade. Indiabulls Housing Finance Ltd declined 3.83% or 31.90 points to end at 800.55 and Hindalco Industries Ltd. shed 3.61% or 7.75 points to 207.20.

The breadth, indicating the overall health of the market, 0 fell and 0 advanced on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.06% to 69.377.

CASH FLOW ANALYSIS

FII DII Activity 18th April 2019, In the cash market today, FII’s bought 1038 crores stock whereas DII’s sold 337 crores worth of stock. In the derivative market, FII’s bought 1207 crore of Index futures and bought 2117 crores worth of Index options. In the Stock futures segment, FII’s sold 17 crores worth of stock futures and sold 209 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bearish in trend after few positive rallies inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11700. The downside rally could be testing all the way up to 11600-11500 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11850 level. Key resistance holds at 11850.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11845 -4 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.83% to hit a new all-time high, while the BSE Sensex 30 index climbed 0.95%.

The biggest gainers of the session on the Nifty 50 were IndusInd Bank Ltd., which rose 3.79% or 66.25 points to trade at 1815.15 at the close. ICICI Bank Ltd added 3.63% or 14.25 points to end at 407.00 and Hindustan Petroleum Corporation Ltd was up 2.94% or 7.55 points to 264.65 in late trade.

Biggest losers included Wipro Ltd, which lost 2.36% or 6.80 points to trade at 280.90 in late trade. Cipla Ltd. declined 1.23% or 6.95 points to end at 559.35 and GAIL Ltd shed 0.69% or 2.45 points to 351.60.

The breadth, indicating the overall health of the market, 0 fell and 0 advanced on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.21% to 69.410.

CASH FLOW ANALYSIS

FII DII Activity 16th April 2019, In the cash market today, FII’s bought 1038 crores stock whereas DII’s bought 37 crores worth of stock. In the derivative market, FII’s bought 740 crore of Index futures and bought 1536 crores worth of Index options. In the Stock futures segment, FII’s sold 369 crores worth of stock futures and bought 224 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bullish in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11820. The upside rally could be testing all the way up to 11900-12000 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11700-11600 levels. Key support holds at 11600.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11761 +24 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.40%, while the BSE Sensex 30 index gained 0.36%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd, which rose 7.43% or 16.05 points to trade at 231.75 at the close. Tata Consultancy Services Ltd. added 4.89% or 98.50 points to end at 2113.30 and Coal India Ltd was up 4.15% or 10.00 points to 250.00 in late trade.

Biggest losers included Infosys Ltd, which lost 2.61% or 19.55 points to trade at 727.50 in late trade. Bharti Infratel Ltd declined 1.67% or 5.25 points to end at 308.45 and Sun Pharmaceutical Industries Ltd. shed 1.38% or 6.40 points to 458.65.

The breadth, indicating the overall health of the market, 1410 rose and 1100 declined, while 176 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.31% to 69.385.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bullish in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11750. The upside rally could be testing all the way up to 11800-11900 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11650-11550 levels. Key support holds at 11550.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11676 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.40%, while the BSE Sensex 30 index gained 0.41%.

The biggest gainers of the session on the Nifty 50 were GAIL Ltd, which rose 3.68% or 12.60 points to trade at 356.75 at the close. ITC Ltd added 3.71% or 11.00 points to end at 305.75 and Lupin Ltd was up 3.10% or 25.10 points to 832.75 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 2.13% or 18.00 points to trade at 830.10 in late trade. Indian Oil Corporation Ltd declined 1.52% or 2.40 points to end at 155.35 and Bajaj Finance Ltd shed 1.18% or 35.85 points to 3008.80.

The breadth, indicating the overall health of the market, 1327 rose and 1123 declined, while 152 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.20% to 69.220.

CASH FLOW ANALYSIS

FII DII Activity 12th April 2019, In the cash market today, FII’s bought 897 crores stock whereas DII’s sold 15 crores worth of stock. In the derivative market, FII’s sold 436 crore of Index futures and bought 1059 crores worth of Index options. In the Stock futures segment, FII’s sold 414 crores worth of stock futures and sold 201 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11700. The upside rally could be testing all the way up to 11800-11900 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11550 level. Key support holds at 11550.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11639.50 -36.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.11%, while the BSE Sensex 30 index climbed 0.06%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 2.54% or 20.95 points to trade at 845.80 at the close. Bajaj Finserv Ltd added 1.84% or 136.70 points to end at 7562.75 and Bharti Airtel Ltd. was up 2.00% or 6.80 points to 346.35 in late trade.

Biggest losers included Vedanta Ltd, which lost 3.79% or 7.15 points to trade at 181.15 in late trade. Tata Steel Ltd declined 1.18% or 6.45 points to end at 535.70 and Sun Pharmaceutical Industries Ltd. shed 1.41% or 6.65 points to 465.55.

The breadth, indicating the overall health of the market, 1294 fell and 1118 advanced, while 177 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.35% to 68.903.

CASH FLOW ANALYSIS

FII DII Activity 11th April 2019, In the cash market today, FII’s bought 476 crores stock whereas DII’s sold 16 crores worth of stock. In the derivative market, FII’s bought 28 crore of Index futures and bought 3244 crores worth of Index options. In the Stock futures segment, FII’s sold 744 crores worth of stock futures and sold 14 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11550. The downside rally could be testing all the way up to 11500-11400 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11620-11720 level. Key resistance holds at 11720.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11647 -4.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.75%, while the BSE Sensex 30 index declined 0.91%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd, which rose 4.81% or 9.90 points to trade at 216.05 at the close. Cipla Ltd. added 2.72% or 14.45 points to end at 546.45 and Wipro Ltd was up 2.72% or 7.45 points to 281.00 in late trade.

Biggest losers included Bharti Airtel Ltd., which lost 3.74% or 13.15 points to trade at 340.00 in late trade. Hindalco Industries Ltd. declined 2.56% or 5.55 points to end at 211.70 and Tata Consultancy Services Ltd. shed 2.29% or 47.85 points to 2040.25.

The breadth, indicating the overall health of the market, 1340 fell and 1097 advanced, while 157 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.01% to 69.246.

CASH FLOW ANALYSIS

FII DII Activity 10th April 2019, In the cash market today, FII’s bought 1429 crores stock whereas DII’s bought 462 crores worth of stock. In the derivative market, FII’s sold 1169 crore of Index futures and bought 307 crores worth of Index options. In the Stock futures segment, FII’s sold 688 crores worth of stock futures and bought 4 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11550. The downside rally could be testing all the way up to 11500-11400 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11620-11720 level. Key resistance holds at 11720.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11715 -35 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.58%, while the BSE Sensex 30 index climbed 0.62%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 4.50% or 11.70 points to trade at 270.60 at the close. Wipro Ltd added 4.19% or 11.05 points to end at 273.80 and Tata Motors Ltd was up 3.22% or 6.45 points to 205.90 in late trade.

Biggest losers included Asian Paints Ltd., which lost 3.11% or 46.55 points to trade at 1444.85 in late trade. Indiabulls Housing Finance Ltd declined 3.19% or 27.40 points to end at 831.75 and Bharti Airtel Ltd. shed 1.17% or 4.15 points to 351.60.

The breadth, indicating the overall health of the market, 1338 fell and 1119 advanced, while 142 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.43% to 69.263.

CASH FLOW ANALYSIS

FII DII Activity 9th April 2019, In the cash market today, FII’s bought 1212 crores stock whereas DII’s sold 688 crores worth of stock. In the derivative market, FII’s sold 211 crore of Index futures and bought 385 crores worth of Index options. In the Stock futures segment, FII’s sold 227 crores worth of stock futures and bought 20 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11720. The upside rally could be testing all the way up to 11800-11900 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11550 level. Key support holds at 11550.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11692 +9 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.53%, while the BSE Sensex 30 index declined 0.42%.

The biggest gainers of the session on the Nifty 50 were Mahindra & Mahindra Ltd., which rose 1.28% or 8.45 points to trade at 667.00 at the close. Tech Mahindra Ltd added 1.45% or 11.25 points to end at 787.15 and Tata Consultancy Services Ltd. was up 1.24% or 25.30 points to 2070.75 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 4.76% or 42.95 points to trade at 859.35 in late trade. Hindustan Petroleum Corporation Ltd declined 4.26% or 11.25 points to end at 252.80 and Indian Oil Corporation Ltd shed 4.01% or 6.35 points to 152.05.

The breadth, indicating the overall health of the market, 1469 fell and 1033 advanced, while 149 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.63% to 69.665.

CASH FLOW ANALYSIS

FII DII Activity 8th April 2019, In the cash market today, FII’s bought 329 crores stock whereas DII’s sold 623 crores worth of stock. In the derivative market, FII’s sold 864 crore of Index futures and bought 1173 crores worth of Index options. In the Stock futures segment, FII’s sold 1039 crores worth of stock futures and sold 50 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11550. The downside rally could be testing all the way up to 11500-11400 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 11650-11750 levels. Key resistance holds at 11750.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11796.50 +111.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.59%, while the BSE Sensex 30 index added 0.46%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd, which rose 3.74% or 19.85 points to trade at 549.30 at the close. UltraTech Cement Ltd added 3.04% or 123.95 points to end at 4190.40 and Bajaj Finance Ltd was up 2.75% or 83.55 points to 3114.20 in late trade.

Biggest losers included Power Grid Corporation of India Ltd, which lost 1.50% or 3.00 points to trade at 196.30 in late trade. State Bank Of India declined 1.27% or 4.10 points to end at 317.05 and Zee Entertainment Enterprises Ltd. shed 1.33% or 5.55 points to 411.50.

The breadth, indicating the overall health of the market, 1451 rose and 1023 declined, while 152 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.43% to 69.278.

CASH FLOW ANALYSIS

FII DII Activity 5th April 2019, In the cash market today, FII’s bought 797 crores stock whereas DII’s sold 325 crores worth of stock. In the derivative market, FII’s bought 632 crore of Index futures and sold 185 crores worth of Index options. In the Stock futures segment, FII’s sold 511 crores worth of stock futures and sold 1 crores stock option.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11700. The upside rally could be testing all the way up to 11800-11900 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 11550 levels. Key support holds at 11550.