Nifty Report

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10898 +68.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.82%, while the BSE Sensex 30 index climbed 0.63%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 6.55% or 21.55 points to trade at 351.15 at the close. Vedanta Ltd added 5.70% or 7.35 points to end at 137.40 and UPL Ltd was up 6.18% or 32.00 points to 547.25 in late trade.

Biggest losers included IndusInd Bank Ltd., which lost 1.78% or 23.80 points to trade at 1310.50 in late trade. ITC Ltd declined 1.50% or 3.60 points to end at 236.10 and ICICI Bank Ltd shed 0.80% or 3.20 points to 395.40.

The breadth, indicating the overall health of the market, 1272 rose and 1085 declined, while 126 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.23% to 71.748.

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 10880. The upside rally could be testing all the way up to 11000-11180 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10650 level. Key support holds at 10650.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10706 -13 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 1.62% to hit a new 6-month low, while the BSE Sensex 30 index lost 1.59%.

The biggest gainers of the session on the Nifty 50 were Britannia Industries Ltd, which rose 1.72% or 40.90 points to trade at 2440.75 at the close. Dr. Reddy’s Laboratories Ltd added 1.20% or 30.05 points to end at 2545.40 and Tech Mahindra Ltd was up 1.52% or 10.20 points to 682.75 in late trade.

Biggest losers included Yes Bank Ltd, which lost 12.16% or 7.95 points to trade at 56.30 in late trade. Vedanta Ltd declined 7.61% or 10.65 points to end at 129.05 and Indiabulls Housing Finance Ltd shed 5.18% or 25.05 points to 450.55.

The breadth, indicating the overall health of the market, 1876 fell and 501 advanced, while 117 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.65% to 71.890.

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 10700. The downside rally could be testing all the way up to 10600-10400 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 11000 level. Key resistance holds at 11000.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10916.50 -15.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.89%, while the BSE Sensex 30 index lost 0.72%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd, which rose 1.64% or 43.75 points to trade at 2714.25 at the close. Infosys Ltd added 0.82% or 6.50 points to end at 799.45 and Bajaj Auto Ltd was up 0.41% or 11.25 points to 2764.80 in late trade.

Biggest losers included Tata Motors Ltd, which lost 9.57% or 11.85 points to trade at 112.40 in late trade. Yes Bank Ltd declined 8.64% or 6.15 points to end at 65.40 and Indiabulls Housing Finance Ltd shed 8.94% or 46.60 points to 483.55.

The breadth, indicating the overall health of the market, 1763 fell and 608 advanced, while 144 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.05% to 71.498.

CASH FLOW ANALYSIS

FII DII Activity 20th August 2019, In the cash market today, FII’s sold 305 crores stock whereas DII’s bought 386 crores worth of stock. In the derivative market, FII’s sold 72 crore of Index futures and sold 801 crores worth of Index options. In the Stock futures segment, FII’s sold 326 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 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 10850. The downside rally could be testing all the way up to 10700-10600 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 11200 level. Key resistance holds at 11200.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11016 -12.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.33%, while the BSE Sensex 30 index declined 0.20%.

The biggest gainers of the session on the Nifty 50 were Maruti Suzuki India Ltd., which rose 4.02% or 240.45 points to trade at 6190.95 at the close. Tata Motors Ltd added 2.48% or 3.00 points to end at 123.85 and Infosys Ltd was up 1.91% or 14.85 points to 792.75 in late trade.

Biggest losers included Yes Bank Ltd, which lost 6.65% or 5.10 points to trade at 71.20 in late trade. Britannia Industries Ltd declined 3.24% or 80.40 points to end at 2393.50 and UltraTech Cement Ltd shed 3.23% or 134.45 points to 4033.05.

The breadth, indicating the overall health of the market, 1462 fell and 887 advanced, while 131 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.31% to 71.660.

CASH FLOW ANALYSIS

FII DII Activity 20th August 2019, In the cash market today, FII’s sold 305 crores stock whereas DII’s bought 386 crores worth of stock. In the derivative market, FII’s sold 72 crore of Index futures and sold 801 crores worth of Index options. In the Stock futures segment, FII’s sold 326 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 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 10960. The downside rally could be testing all the way up to 10850-10700 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 11200 level. Key resistance holds at 11200.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10933.50 +13 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 1.65%, while the BSE Sensex 30 index declined 1.66%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 14.26% or 72.05 points to trade at 573.10 at the close. Reliance Industries Ltd added 9.74% or 113.20 points to end at 1274.75 and Sun Pharmaceutical Industries Ltd. was up 3.87% or 16.35 points to 439.25 in late trade.

Biggest losers included Yes Bank Ltd, which lost 10.89% or 8.95 points to trade at 73.60 in late trade. Mahindra & Mahindra Ltd. declined 5.87% or 32.00 points to end at 512.40 and Bajaj Finance Ltd shed 6.07% or 207.70 points to 3221.85.

The breadth, indicating the overall health of the market, 1586 fell and 824 advanced, while 138 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.05% to 71.228.

CASH FLOW ANALYSIS

FII DII Activity 13th August 2019, In the cash market today, FII’s bought 203 crores stock whereas DII’s bought 606 crores worth of stock. In the derivative market, FII’s sold 271 crore of Index futures and bought 1196 crores worth of Index options. In the Stock futures segment, FII’s bought 47 crores worth of stock futures and bought 41 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 10860. The downside rally could be testing all the way up to 10780-10700 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 11150 level. Key resistance holds at 11150.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11119.50 +29.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.70%, while the BSE Sensex 30 index added 0.68%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 14.77% or 65.65 points to trade at 505.25 at the close. Eicher Motors Ltd. added 4.69% or 788.35 points to end at 17587.25 and Maruti Suzuki India Ltd. was up 3.35% or 198.00 points to 6099.90 in late trade.

Biggest losers included Yes Bank Ltd, which lost 7.85% or 7.00 points to trade at 82.15 in late trade. Cipla Ltd. declined 3.57% or 17.95 points to end at 484.50 and Hindalco Industries Ltd. shed 2.24% or 4.05 points to 176.20.

The breadth, indicating the overall health of the market, 1471 rose and 921 declined, while 154 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.45% to 70.724.

CASH FLOW ANALYSIS

FII DII Activity 9th August 2019, In the cash market today, FII’s sold 437 crores stock whereas DII’s bought 291 crores worth of stock. In the derivative market, FII’s bought 269 crore of Index futures and bought 3713 crores worth of Index options. In the Stock futures segment, FII’s bought 362 crores worth of stock futures and sold 49 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 above a key resistance holding at 11160. The upside rally could be testing all the way up to 11300-11400 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10900 level. Key support holds at 10900.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11075.50 +4.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 1.63%, while the BSE Sensex 30 index gained 1.74%.

The biggest gainers of the session on the Nifty 50 were HCL Technologies Ltd, which rose 6.67% or 68.25 points to trade at 1088.25 at the close. Tata Motors Ltd added 5.62% or 6.60 points to end at 124.05 and JSW Steel Ltd was up 4.99% or 10.60 points to 221.70 in late trade.

Biggest losers included Tata Steel Ltd, which lost 4.03% or 15.40 points to trade at 367.40 in late trade. Cipla Ltd. declined 2.78% or 14.40 points to end at 503.05 and UltraTech Cement Ltd shed 2.28% or 99.05 points to 4233.15.

The breadth, indicating the overall health of the market, 1330 rose and 987 declined, while 142 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.67% to 70.650.

CASH FLOW ANALYSIS

FII DII Activity 7th August 2019, In the cash market today, FII’s sold 383 crores stock whereas DII’s bought 531 crores worth of stock. In the derivative market, FII’s sold 541 crore of Index futures and bought 849 crores worth of Index options. In the Stock futures segment, FII’s bought 689 crores worth of stock futures and bought 58 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 above a key resistance holding at 11080. The upside rally could be testing all the way up to 11200-11300 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10900-10800 levels. Key support holds at 10800.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10863.50 -1.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.85% to hit a new 3-month low, while the BSE Sensex 30 index declined 0.77%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 2.90% or 9.05 points to trade at 327.90 at the close. Cipla Ltd. added 2.76% or 13.80 points to end at 518.30 and Hindustan Unilever Ltd. was up 1.89% or 32.90 points to 1777.25 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 13.40% or 68.90 points to trade at 445.40 in late trade. Mahindra & Mahindra Ltd. declined 5.92% or 32.55 points to end at 518.30 and Tata Steel Ltd shed 5.88% or 23.60 points to 381.90.

The breadth, indicating the overall health of the market, 1314 fell and 1062 advanced, while 151 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.21% to 70.882.

CASH FLOW ANALYSIS

FII DII Activity 7th August 2019, In the cash market today, FII’s sold 383 crores stock whereas DII’s bought 531 crores worth of stock. In the derivative market, FII’s sold 541 crore of Index futures and bought 849 crores worth of Index options. In the Stock futures segment, FII’s bought 689 crores worth of stock futures and bought 58 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 10800. The downside rally could be testing all the way up to 10700-10600 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 11000 level. Key resistance holds at 11000.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10916.50 -46 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.79%, while the BSE Sensex 30 index climbed 0.75%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 7.39% or 35.25 points to trade at 514.05 at the close. Yes Bank Ltd added 5.49% or 4.45 points to end at 85.35 and Bajaj Finance Ltd was up 3.64% or 114.90 points to 3272.25 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 5.85% or 19.35 points to trade at 312.45 in late trade. Cipla Ltd. declined 3.19% or 16.55 points to end at 500.15 and Power Grid Corporation of India Ltd shed 1.72% or 3.45 points to 198.10.

The breadth, indicating the overall health of the market, 1584 rose and 772 declined, while 112 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.03% to 70.826.

CASH FLOW ANALYSIS

FII DII Activity 6th August 2019, In the cash market today, FII’s sold 2107 crores stock whereas DII’s bought 2289 crores worth of stock. In the derivative market, FII’s sold 1155 crore of Index futures and bought 607 crores worth of Index options. In the Stock futures segment, FII’s bought 1221 crores worth of stock futures and sold 91 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 11000. The upside rally could be testing all the way up to 11100-11200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10800 level. Key support holds at 10800.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10785 -84.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 1.23% to hit a new 3-month low, while the BSE Sensex 30 index lost 1.13%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 4.53% or 15.55 points to trade at 357.70 at the close. Tata Consultancy Services Ltd. added 1.57% or 34.70 points to end at 2248.60 and Tech Mahindra Ltd was up 2.15% or 13.70 points to 648.05 in late trade.

Biggest losers included Yes Bank Ltd, which lost 8.21% or 7.25 points to trade at 81.10 in late trade. UPL Ltd declined 5.86% or 33.60 points to end at 540.95 and Tata Motors Ltd shed 5.13% or 6.70 points to 123.75.

The breadth, indicating the overall health of the market, 1624 fell and 703 advanced, while 131 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 1.21% to 70.530.

CASH FLOW ANALYSIS

FII DII Activity 5th August 2019, In the cash market today, FII’s sold 2016 crores stock whereas DII’s bought 1871 crores worth of stock. In the derivative market, FII’s sold 1155 crore of Index futures and bought 607 crores worth of Index options. In the Stock futures segment, FII’s bought 1221 crores worth of stock futures and sold 91 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 10800. The downside rally could be testing all the way up to 10700-10600 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 11100 levels. Key resistance holds at 11100.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10936.50 -78.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.16%, while the BSE Sensex 30 index climbed 0.27%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 6.99% or 22.65 points to trade at 343.55 at the close. Asian Paints Ltd. added 2.88% or 43.30 points to end at 1545.20 and Bajaj Auto Ltd was up 2.48% or 62.90 points to 2600.55 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 8.61% or 44.95 points to trade at 489.65 in late trade. NTPC Ltd declined 1.97% or 2.50 points to end at 123.10 and State Bank of India shed 2.90% or 9.20 points to 308.45.

The breadth, indicating the overall health of the market, 1301 fell and 1055 advanced, while 130 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.92% to 69.638.

CASH FLOW ANALYSIS

FII DII Activity 1st August 2019, In the cash market today, FII’s sold 2888 crores stock whereas DII’s bought 2812 crores worth of stock. In the derivative market, FII’s sold crore of Index futures and bought crores worth of Index options. In the Stock futures segment, FII’s sold crores worth of stock futures and bought 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 10920. The downside rally could be testing all the way up to 10800-10700 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 11150 levels. Key resistance holds at 11150.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10943 -73.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 1.24% to hit a new 3-month low, while the BSE Sensex 30 index declined 1.23%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 1.93% or 4.75 points to trade at 250.95 at the close. Wipro Ltd added 2.11% or 5.60 points to end at 270.40 and Maruti Suzuki India Ltd. was up 2.13% or 116.30 points to 5572.60 in late trade.

Biggest losers included Vedanta Ltd, which lost 5.61% or 8.65 points to trade at 145.45 in late trade. JSW Steel Ltd declined 5.01% or 11.90 points to end at 225.25 and State Bank of India shed 4.70% or 15.60 points to 317.15.

The breadth, indicating the overall health of the market, 1543 fell and 808 advanced, while 135 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.36% to 69.108.

CASH FLOW ANALYSIS

FII DII Activity 1st August 2019, In the cash market today, FII’s crores stock whereas DII’s crores worth of stock. In the derivative market, FII’s crore of Index futures and crores worth of Index options. In the Stock futures segment, FII’s crores worth of stock futures and 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 10920. The downside rally could be testing all the way up to 10800-10700 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 11150 levels. Key resistance holds at 11150.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11071.50 -49.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.29%, while the BSE Sensex 30 index gained 0.22%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 4.24% or 3.65 points to trade at 91.20 at the close. IndusInd Bank Ltd. added 5.29% or 70.75 points to end at 1412.85 and Indian Oil Corporation Ltd was up 3.93% or 5.25 points to 139.30 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 5.25% or 20.00 points to trade at 361.60 in late trade. AXIS Bank Ltd declined 4.64% or 32.80 points to end at 674.10 and Bharti Airtel Ltd. shed 2.82% or 9.75 points to 337.60.

The breadth, indicating the overall health of the market, 1295 fell and 1096 advanced, while 131 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.08% to 68.791.

CASH FLOW ANALYSIS

FII DII Activity 29th July 2019, In the cash market today, FII’s sold 704 crores stock whereas DII’s bought 1351 crores worth of stock. In the derivative market, FII’s sold crore of Index futures and bought crores worth of Index options. In the Stock futures segment, FII’s bought crores worth of stock futures and bought 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 11150. The upside rally could be testing all the way up to 11300-11400 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11000 levels. Key support holds at 11000.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11052.50 -45 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.93% to hit a new 3-month low, while the BSE Sensex 30 index declined 0.77%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 3.99% or 13.35 points to trade at 345.75 at the close. Tata Consultancy Services Ltd. added 2.17% or 46.30 points to end at 2179.15 and HCL Technologies Ltd was up 0.74% or 7.55 points to 1023.60 in late trade.

Biggest losers included Yes Bank Ltd, which lost 9.45% or 8.95 points to trade at 86.05 in late trade. IndusInd Bank Ltd. declined 7.16% or 102.60 points to end at 1337.30 and Indiabulls Housing Finance Ltd shed 6.57% or 36.80 points to 523.90.

The breadth, indicating the overall health of the market, 1868 fell and 537 advanced, while 101 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.15% to 68.850.

CASH FLOW ANALYSIS

FII DII Activity 29th July 2019, In the cash market today, FII’s sold 704 crores stock whereas DII’s bought 1351 crores worth of stock. In the derivative market, FII’s sold crore of Index futures and bought crores worth of Index options. In the Stock futures segment, FII’s bought crores worth of stock futures and bought 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 11020. The downside rally could be testing all the way up to 11900-11800 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 11200-11300 levels. Key resistance holds at 11300.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11234 +23 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.84% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.52%.

The biggest gainers of the session on the Nifty 50 were ICICI Bank Ltd, which rose 2.90% or 12.05 points to trade at 429.35 at the close. HCL Technologies Ltd added 0.96% or 9.60 points to end at 1015.45 and IndusInd Bank Ltd. was up 1.13% or 16.00 points to 1432.30 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 12.07% or 75.35 points to trade at 559.70 in late trade. Grasim Industries Ltd declined 9.59% or 83.95 points to end at 795.65 and Tata Motors Ltd shed 6.35% or 9.35 points to 137.55.

The breadth, indicating the overall health of the market, 1593 fell and 776 advanced, while 129 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.03% to 68.850.

CASH FLOW ANALYSIS

FII DII Activity 29th July 2019, In the cash market today, FII’s sold 704 crores stock whereas DII’s bought 1351 crores worth of stock. In the derivative market, FII’s sold crore of Index futures and bought crores worth of Index options. In the Stock futures segment, FII’s bought crores worth of stock futures and bought 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 11140. 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. The upside rally could test up to 11300-11400 levels. Key resistance holds at 11400.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11301.50 -27 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.29%, while the BSE Sensex 30 index climbed 0.14%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 9.07% or 7.95 points to trade at 96.05 at the close. Bajaj Finance Ltd added 7.40% or 225.50 points to end at 3264.60 and Bajaj Finserv Ltd was up 7.33% or 497.40 points to 7233.00 in late trade.

Biggest losers included Vedanta Ltd, which lost 4.29% or 7.35 points to trade at 164.10 in late trade. Indian Oil Corporation Ltd declined 3.27% or 4.80 points to end at 141.80 and Reliance Industries Ltd shed 1.18% or 14.50 points to 1213.80.

The breadth, indicating the overall health of the market, 1262 rose and 1140 declined, while 143 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.09% to 68.968.

CASH FLOW ANALYSIS

FII DII Activity 26th July 2019, In the cash market today, FII’s sold 1503 crores stock whereas DII’s bought 1917 crores worth of stock. In the derivative market, FII’s sold 1049 crore of Index futures and bought 1007 crores worth of Index options. In the Stock futures segment, FII’s bought 720 crores worth of stock futures and bought 126 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, testing all the way up to 11400-11500 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 11220 then it might turn bearish once again. The downside rally could test up to 11100-11000 levels. Key resistance holds at 11500.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11282 -19 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.17% to hit a new 1-month low, while the BSE Sensex 30 index lost 0.04%.

The biggest gainers of the session on the Nifty 50 were Vedanta Ltd, which rose 4.45% or 7.35 points to trade at 171.45 at the close. Cipla Ltd. added 3.52% or 18.25 points to end at 536.65 and Zee Entertainment Enterprises Ltd. was up 3.29% or 12.50 points to 391.95 in late trade.

Biggest losers included Tata Motors Ltd, which lost 4.79% or 7.25 points to trade at 144.30 in late trade. Bajaj Finserv Ltd declined 4.18% or 295.30 points to end at 6782.30 and Bajaj Finance Ltd shed 4.30% or 136.55 points to 3046.50.

The breadth, indicating the overall health of the market, 1306 fell and 1023 advanced, while 157 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.06% to 69.013.

CASH FLOW ANALYSIS

FII DII Activity 25th July 2019, In the cash market today, FII’s sold 126 crores stock whereas DII’s bought 398 crores worth of stock. In the derivative market, FII’s sold 599 crore of Index futures and sold 946 crores worth of Index options. In the Stock futures segment, FII’s sold 293 crores worth of stock futures and sold 17 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 11220. The downside rally could be testing all the way up to 11100-11000 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 11400-11500 levels. Key resistance holds at 11500.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11289 +16.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.53% to hit a new 1-month low, while the BSE Sensex 30 index lost 0.36%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 4.28% or 15.45 points to trade at 379.60 at the close. Asian Paints Ltd. added 3.44% or 49.15 points to end at 1483.40 and Housing Development Finance Corporation Ltd was up 1.94% or 41.40 points to 2184.25 in late trade.

Biggest losers included Adani Port and Special Economic Zone Ltd, which lost 5.08% or 20.30 points to trade at 380.80 in late trade. Indiabulls Housing Finance Ltd declined 4.50% or 28.85 points to end at 611.70 and UPL Ltd shed 5.45% or 35.15 points to 617.05.

The breadth, indicating the overall health of the market, 1557 fell and 802 advanced, while 141 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.01% to 69.010.

CASH FLOW ANALYSIS

FII DII Activity 23^rd July 2019, In the cash market today, FII’s sold 2607 crores stock whereas DII’s bought 2625 crores worth of stock. In the derivative market, FII’s sold 599 crore of Index futures and sold 946 crores worth of Index options. In the Stock futures segment, FII’s sold 293 crores worth of stock futures and sold 17 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 11220. The downside rally could be testing all the way up to 11100-11000 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 11400-11500 levels. Key resistance holds at 11500.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11334 +9 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.13% to hit a new 1-month low, while the BSE Sensex 30 index lost 0.13%.

The biggest gainers of the session on the Nifty 50 were Power Grid Corporation of India Ltd, which rose 2.89% or 5.90 points to trade at 210.45 at the close. Hero MotoCorp Ltd added 2.55% or 61.30 points to end at 2469.30 and Kotak Mahindra Bank Ltd. was up 2.74% or 39.85 points to 1494.00 in late trade.

Biggest losers included State Bank of India, which lost 2.49% or 8.75 points to trade at 342.20 in late trade. Indiabulls Housing Finance Ltd declined 2.20% or 14.40 points to end at 640.55 and Housing Development Finance Corporation Ltd shed 2.14% or 46.90 points to 2138.50.

The breadth, indicating the overall health of the market, 1216 fell and 1149 advanced, while 162 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.01% to 68.925.

CASH FLOW ANALYSIS

FII DII Activity 23rd July 2019, In the cash market today, FII’s sold 2607 crores stock whereas DII’s bought 2625 crores worth of stock. In the derivative market, FII’s sold 599 crore of Index futures and sold 946 crores worth of Index options. In the Stock futures segment, FII’s sold 293 crores worth of stock futures and sold 17 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. The upside rally could test up to 11550-11650 levels. Key resistance holds at 11650.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11355 +16.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.64% to hit a new 1-month low, while the BSE Sensex 30 index lost 0.80%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 9.49% or 7.90 points to trade at 91.15 at the close. Vedanta Ltd added 4.09% or 6.60 points to end at 167.25 and Indiabulls Housing Finance Ltd was up 3.08% or 19.55 points to 655.90 in late trade.

Biggest losers included Bajaj Finserv Ltd, which lost 5.57% or 421.45 points to trade at 7162.45 in late trade. Housing Development Finance Corporation Ltd declined 5.26% or 121.25 points to end at 2186.90 and Eicher Motors Ltd. shed 3.48% or 615.00 points to 17072.00.

The breadth, indicating the overall health of the market, 1636 fell and 793 advanced, while 143 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.13% to 68.938.

CASH FLOW ANALYSIS

FII DII Activity 22nd July 2019, In the cash market today, FII’s sold 1916 crores stock whereas DII’s bought 1829 crores worth of stock. In the derivative market, FII’s sold 1086 crore of Index futures and bought 559 crores worth of Index options. In the Stock futures segment, FII’s bought 717 crores worth of stock futures and sold 5 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. The upside rally could test up to 11550-11650 levels. Key resistance holds at 11650.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11397 -32.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 1.53% to hit a new 1-month low, while the BSE Sensex 30 index declined 1.44%.

The biggest gainers of the session on the Nifty 50 were NTPC Ltd, which rose 2.20% or 2.80 points to trade at 129.90 at the close. Titan Company Ltd added 1.01% or 10.90 points to end at 1091.05 and Coal India Ltd was up 0.82% or 1.80 points to 221.90 in late trade.

Biggest losers included Mahindra & Mahindra Ltd., which lost 4.39% or 26.20 points to trade at 571.30 in late trade. Bajaj Finance Ltd declined 4.20% or 145.65 points to end at 3323.10 and Eicher Motors Ltd. shed 3.84% or 707.00 points to 17664.00.

The breadth, indicating the overall health of the market, 1797 fell and 643 advanced, while 123 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.06% to 68.891.

CASH FLOW ANALYSIS

FII DII Activity 19th July 2019, In the cash market today, FII’s sold 950 crores stock whereas DII’s bought 733 crores worth of stock. In the derivative market, FII’s sold 1058 crore of Index futures and sold 1029 crores worth of Index options. In the Stock futures segment, FII’s sold 75 crores worth of stock futures and sold 150 crores stock options.

Technical outlook

Nifty daily chart has formed "Falling channel" 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 11380. The downside rally could be testing all the way up to 11300-11200 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 11550-11650 levels. Key resistance holds at 11650.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11635.50 +33.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.78%, while the BSE Sensex 30 index fell 0.81%.

The biggest gainers of the session on the Nifty 50 were Wipro Ltd, which rose 3.14% or 8.15 points to trade at 269.10 at the close. Housing Development Finance Corporation Ltd added 2.24% or 51.30 points to end at 2345.15 and Zee Entertainment Enterprises Ltd. was up 2.12% or 7.50 points to 360.10 in late trade.

Biggest losers included Yes Bank Ltd, which lost 12.70% or 12.50 points to trade at 85.80 in late trade. Oil and Natural Gas Corporation Ltd declined 4.40% or 6.60 points to end at 143.40 and Tata Motors Ltd shed 4.11% or 6.90 points to 160.75.

The breadth, indicating the overall health of the market, 1685 fell and 709 advanced, while 135 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.17% to 68.947.

CASH FLOW ANALYSIS

FII DII Activity 17th July 2019, In the cash market today, FII’s sold 17 crores stock whereas DII’s bought 209 crores worth of stock. In the derivative market, FII’s sold 385 crore of Index futures and bought 2302 crores worth of Index options. In the Stock futures segment, FII’s sold 203 crores worth of stock futures and bought 36 crores stock options.

Technical outlook

Nifty daily chart has formed "Rising channel" 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 11550. The downside rally could be testing all the way up to 11400-11300 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 11700 level. Key resistance holds at 11700.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11653.50 -20 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.21%, while the BSE Sensex 30 index added 0.22%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 2.75% or 17.75 points to trade at 668.20 at the close. UPL Ltd added 2.51% or 16.10 points to end at 659.75 and State Bank of India was up 2.37% or 8.65 points to 372.40 in late trade.

Biggest losers included Yes Bank Ltd, which lost 5.25% or 5.45 points to trade at 98.40 in late trade. Eicher Motors Ltd. declined 2.95% or 561.25 points to end at 18433.70 and GAIL Ltd shed 2.75% or 4.05 points to 143.40.

The breadth, indicating the overall health of the market, 1301 fell and 1081 advanced, while 159 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.34% to 68.875.

CASH FLOW ANALYSIS

FII DII Activity 17th July 2019, In the cash market today, FII’s sold 17 crores stock whereas DII’s bought 209 crores worth of stock. In the derivative market, FII’s sold 385 crore of Index futures and bought 2302 crores worth of Index options. In the Stock futures segment, FII’s sold 203 crores worth of stock futures and bought 36 crores stock options.

Technical outlook

Nifty daily chart has formed "Rising channel" 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 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. The downside rally could test up to 11500 level. Key support holds at 11500.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11628 -19 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.64%, while the BSE Sensex 30 index gained 0.60%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 14.00% or 13.05 points to trade at 103.85 at the close. Tata Motors Ltd added 5.84% or 9.40 points to end at 170.00 and Sun Pharmaceutical Industries Ltd. was up 2.62% or 11.10 points to 433.30 in late trade.

Biggest losers included Tata Consultancy Services Ltd., which lost 1.90% or 40.70 points to trade at 2106.00 in late trade. Mahindra & Mahindra Ltd. declined 1.32% or 8.35 points to end at 622.90 and Britannia Industries Ltd shed 0.61% or 16.80 points to 2747.15.

The breadth, indicating the overall health of the market, 1261 fell and 1100 advanced, while 158 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.27% to 68.725.

CASH FLOW ANALYSIS

FII DII Activity 16th July 2019, In the cash market today, FII’s sold 444 crores stock whereas DII’s bought 637 crores worth of stock. In the derivative market, FII’s sold 43 crore of Index futures and bought 523 crores worth of Index options. In the Stock futures segment, FII’s bought 439 crores worth of stock futures and bought 95 crores stock options.

Technical outlook

Nifty daily chart has formed "Rising channel" 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 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. The downside rally could test up to 11500 level. Key support holds at 11500.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11582.50 -4 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.31%, while the BSE Sensex 30 index climbed 0.41%.

The biggest gainers of the session on the Nifty 50 were Infosys Ltd, which rose 7.24% or 52.65 points to trade at 779.35 at the close. Sun Pharmaceutical Industries Ltd. added 3.12% or 12.70 points to end at 422.95 and UPL Ltd was up 2.85% or 17.95 points to 647.40 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 4.35% or 29.00 points to trade at 638.95 in late trade. IndusInd Bank Ltd. declined 2.39% or 36.05 points to end at 1475.10 and Larsen & Toubro Ltd shed 1.83% or 26.85 points to 1440.60.

The breadth, indicating the overall health of the market, 1538 fell and 837 advanced, while 155 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.01% to 68.545.

CASH FLOW ANALYSIS

FII DII Activity 15th July 2019, In the cash market today, FII’s sold 216 crores stock whereas DII’s bought 591 crores worth of stock. In the derivative market, FII’s bought crore of Index futures and bought crores worth of Index options. In the Stock futures segment, FII’s bought crores worth of stock futures and bought 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 11550. The downside rally could be testing all the way up to 11400-11300 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 11700-11770 levels. Key resistance holds at 11770.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11576 +29.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.26%, while the BSE Sensex 30 index fell 0.22%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd, which rose 1.96% or 49.20 points to trade at 2569.80 at the close. Vedanta Ltd added 2.41% or 3.95 points to end at 167.65 and Sun Pharmaceutical Industries Ltd. was up 2.36% or 9.40 points to 407.70 in late trade.

Biggest losers included Wipro Ltd, which lost 2.97% or 7.95 points to trade at 258.95 in late trade. Oil and Natural Gas Corporation Ltd declined 2.74% or 4.20 points to end at 149.70 and Bajaj Finance Ltd shed 2.00% or 69.05 points to 3377.50.

The breadth, indicating the overall health of the market, 1214 fell and 1137 advanced, while 142 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.38% to 68.660.

CASH FLOW ANALYSIS

FII DII Activity 12th July 2019, In the cash market today, FII’s sold 851 crores stock whereas DII’s bought 940 crores worth of stock. In the derivative market, FII’s bought crore of Index futures and bought crores worth of Index options. In the Stock futures segment, FII’s bought crores worth of stock futures and bought 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 11500. The downside rally could be testing all the way up to 11400-11300 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 11680-11770 levels. Key resistance holds at 11770.

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11574.50 -7.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.73%, while the BSE Sensex 30 index added 0.69%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 7.59% or 25.25 points to trade at 354.80 at the close. JSW Steel Ltd added 4.96% or 12.65 points to end at 267.30 and Hero MotoCorp Ltd was up 4.59% or 110.05 points to 2507.80 in late trade.

Biggest losers included Tech Mahindra Ltd, which lost 1.41% or 9.50 points to trade at 665.70 in late trade. Bajaj Auto Ltd declined 1.22% or 33.40 points to end at 2711.70 and ICICI Bank Ltd shed 1.17% or 5.05 points to 426.55.

The breadth, indicating the overall health of the market, 1180 rose and 1156 declined, while 148 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.08% to 68.455.

CASH FLOW ANALYSIS

FII DII Activity 11th July 2019, In the cash market today, FII’s sold 316 crores stock whereas DII’s bought 719 crores worth of stock. In the derivative market, FII’s bought 572 crore of Index futures and bought 1864 crores worth of Index options. In the Stock futures segment, FII’s bought 869 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 11630. The upside rally could be testing all the way up to 11720-11800 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11450 level. Key support holds at 11450.

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11542 +47.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.49% to hit a new 1-month low, while the BSE Sensex 30 index lost 0.45%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 2.08% or 1.90 points to trade at 93.00 at the close. Coal India Ltd added 1.70% or 3.90 points to end at 233.35 and Sun Pharmaceutical Industries Ltd. was up 1.05% or 4.05 points to 392.20 in late trade.

Biggest losers included Bajaj Finance Ltd, which lost 5.11% or 184.10 points to trade at 3429.05 in late trade. Indiabulls Housing Finance Ltd declined 4.28% or 29.40 points to end at 659.60 and Bharat Petroleum Corp. Ltd. shed 2.85% or 10.25 points to 349.60.

The breadth, indicating the overall health of the market, 1447 fell and 904 advanced, while 137 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.03% to 68.570.

CASH FLOW ANALYSIS

FII DII Activity 10th July 2019, In the cash market today, FII’s sold 604 crores stock whereas DII’s bought 667 crores worth of stock. In the derivative market, FII’s bought 140 crore of Index futures and bought 398 crores worth of Index options. In the Stock futures segment, FII’s sold 219 crores worth of stock futures and sold 74 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 11460. The downside rally could be testing all the way up to 11380-11300 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 11700 level. Key resistance holds at 11700.

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11562 +0.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.02% to hit a new 1-month low, while the BSE Sensex 30 index added 0.03%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd, which rose 5.59% or 190.70 points to trade at 3603.10 at the close. Sun Pharmaceutical Industries Ltd. added 5.51% or 20.20 points to end at 386.40 and Indian Oil Corporation Ltd was up 5.73% or 8.25 points to 151.40 in late trade.

Biggest losers included Titan Company Ltd, which lost 12.25% or 153.45 points to trade at 1098.95 in late trade. UPL Ltd declined 3.55% or 23.50 points to end at 640.05 and GAIL Ltd shed 2.45% or 3.70 points to 147.10.

The breadth, indicating the overall health of the market, 1214 fell and 1138 advanced, while 148 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.06% to 68.595.

CASH FLOW ANALYSIS

FII DII Activity 9th July 2019, In the cash market today, FII’s sold 674 crores stock whereas DII’s bought 710 crores worth of stock. In the derivative market, FII’s sold 1469 crore of Index futures and bought 766 crores worth of Index options. In the Stock futures segment, FII’s sold 235 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 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 11500. The downside rally could be testing all the way up to 11400-11300 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 11680-11800 levels. Key resistance holds at 11800.

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11560 -8.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 2.14% to hit a new 1-month low, while the BSE Sensex 30 index fell 2.01%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 5.90% or 5.20 points to trade at 93.15 at the close. HCL Technologies Ltd added 1.83% or 18.65 points to end at 1039.05 and Tata Consultancy Services Ltd. was up 0.37% or 8.00 points to 2175.40 in late trade.

Biggest losers included Bajaj Finserv Ltd, which lost 10.12% or 853.45 points to trade at 7593.05 in late trade. Bajaj Finance Ltd declined 7.77% or 289.15 points to end at 3413.30 and Oil and Natural Gas Corporation Ltd shed 5.57% or 9.00 points to 152.40.

The breadth, indicating the overall health of the market, 1880 fell and 536 advanced, while 128 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.30% to 68.648.

CASH FLOW ANALYSIS

FII DII Activity 8th July 2019, In the cash market today, FII’s sold 401 crores stock whereas DII’s bought 321 crores worth of stock. In the derivative market, FII’s sold 2901 crore of Index futures and bought 3070 crores worth of Index options. In the Stock futures segment, FII’s sold 897 crores worth of stock futures and sold 64 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 11500. The downside rally could be testing all the way up to 11400-11300 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 11670-11770 levels. Key resistance holds at 11770.

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11766.50 -51 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 1.14%, while the BSE Sensex 30 index lost 0.99%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 3.42% or 24.10 points to trade at 727.35 at the close. IndusInd Bank Ltd. added 2.27% or 33.90 points to end at 1532.55 and Kotak Mahindra Bank Ltd. was up 1.22% or 18.20 points to 1517.20 in late trade.

Biggest losers included Yes Bank Ltd, which lost 8.62% or 8.30 points to trade at 88.15 in late trade. NTPC Ltd declined 4.74% or 6.80 points to end at 136.50 and UPL Ltd shed 4.49% or 31.35 points to 665.80.

The breadth, indicating the overall health of the market, 1637 fell and 737 advanced, while 130 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.02% to 68.520.

CASH FLOW ANALYSIS