Nifty

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.

Research Report call:

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.

Research Report call:

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.

Research Report call:

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.

Research Report call:

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.

Research Report call:

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.

Research Report call:

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.

Research Report call:

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.

Research Report call:

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.

Research Report call:

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.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11696.50 +11.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.39%, while the BSE Sensex 30 index fell 0.49%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 3.29% or 28.65 points to trade at 898.15 at the close. Zee Entertainment Enterprises Ltd. added 3.28% or 13.25 points to end at 417.30 and Tata Motors Ltd was up 2.46% or 4.95 points to 206.15 in late trade.

Biggest losers included Tata Consultancy Services Ltd., which lost 3.00% or 62.30 points to trade at 2014.50 in late trade. Hindalco Industries Ltd. declined 2.52% or 5.45 points to end at 210.45 and Bharat Petroleum Corp. Ltd. shed 2.56% or 9.30 points to 354.30.

The breadth, indicating the overall health of the market, 1397 fell and 1031 advanced, while 162 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.92% to 69.030.

CASH FLOW ANALYSIS

FII DII Activity 4th April 2019, In the cash market today, FII’s sold 226 crores stock whereas DII’s bought 1206 crores worth of stock. In the derivative market, FII’s bought 72 crore of Index futures and bought 1097 crores worth of Index options. In the Stock futures segment, FII’s sold 167 crores worth of stock futures and sold 47 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bearish in trend after retesting near the channel’s resistance slope line. 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.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11741 +28.50 points on indicating gap up opening for the NSE.

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

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 3.51% or 29.50 points to trade at 869.85 at the close. Maruti Suzuki India Ltd. added 2.92% or 201.30 points to end at 7072.90 and Bajaj Finserv Ltd was up 1.72% or 125.45 points to 7401.55 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 4.98% or 13.65 points to trade at 260.50 in late trade. Bharat Petroleum Corp. Ltd. declined 4.60% or 17.50 points to end at 363.20 and Zee Entertainment Enterprises Ltd. shed 3.90% or 16.30 points to 404.55.

The breadth, indicating the overall health of the market, 1545 fell and 953 advanced, while 149 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.37% to 68.685.

CASH FLOW ANALYSIS

FII DII Activity 3rd April 2019, In the cash market today, FII’s sold 1040 crores stock whereas DII’s sold 80 crores worth of stock. In the derivative market, FII’s bought 92 crore of Index futures and bought 876 crores worth of Index options. In the Stock futures segment, FII’s bought 1356 crores worth of stock futures and bought 30 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bearish in trend after retesting near the channel’s resistance slope line. 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 11750 and furthermore levels. Key resistance holds at 11750.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11801 +14 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.38% to hit a new 6-month high, while the BSE Sensex 30 index added 0.48%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd, which rose 8.62% or 16.15 points to trade at 202.95 at the close. Bharti Airtel Ltd. added 4.46% or 15.20 points to end at 356.45 and Eicher Motors Ltd. was up 2.80% or 561.60 points to 20583.50 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 2.96% or 8.40 points to trade at 273.95 in late trade. Zee Entertainment Enterprises Ltd. declined 2.81% or 12.15 points to end at 417.70 and Bharat Petroleum Corp. Ltd. shed 2.42% or 9.50 points to 380.50.

The breadth, indicating the overall health of the market, 1284 fell and 1166 advanced, while 151 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.26% to 69.035.

CASH FLOW ANALYSIS

FII DII Activity 2nd April 2019, In the cash market today, FII’s bought 543 crores stock whereas DII’s sold 437 crores worth of stock. In the derivative market, FII’s sold 74 crore of Index futures and sold 38 crores worth of Index options. In the Stock futures segment, FII’s bought 646 crores worth of stock futures and bought 2 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up consolidated and retesting near the channel’s resistance slope line. The market is expected to continue on bearish momentum based on the retest, testing all the way up to 11600-11500 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11750 then it might turn bullish once again. The upside rally could test up to 11850-12000 levels. Key support holds at 11500.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11742.50 +8.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.39% to hit a new 6-month high, while the BSE Sensex 30 index added 0.51%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd, which rose 7.49% or 13.05 points to trade at 187.35 at the close. Hindalco Industries Ltd. added 5.28% or 10.85 points to end at 215.90 and Lupin Ltd was up 3.61% or 26.70 points to 766.20 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 3.28% or 14.60 points to trade at 431.70 in late trade. UPL Ltd declined 2.80% or 26.85 points to end at 934.30 and Indian Oil Corporation Ltd shed 2.55% or 4.15 points to 158.70.

The breadth, indicating the overall health of the market, 1634 rose and 887 declined, while 142 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.26% to 69.263.

CASH FLOW ANALYSIS

FII DII Activity 1st April 2019, In the cash market today, FII’s bought 898 crores stock whereas DII’s sold 1032 crores worth of stock. In the derivative market, FII’s bought 504 crore of Index futures and bought 1395 crores worth of Index options. In the Stock futures segment, FII’s bought 340 crores worth of stock futures and bought 18 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up consolidated and retesting near the channel’s resistance slope line. The market is expected to continue on bearish momentum based on the retest, testing all the way up to 11550-11450 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11700 then it might turn bullish once again. The upside rally could test up to 11800-11900 levels. Key support holds at 11450.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11723 +47.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.47% to hit a new 6-month high, while the BSE Sensex 30 index gained 0.33%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 6.11% or 49.55 points to trade at 858.25 at the close. Hindustan Petroleum Corporation Ltd added 4.13% or 11.25 points to end at 283.85 and Vedanta Ltd was up 3.79% or 6.75 points to 184.45 in late trade.

Biggest losers included GAIL Ltd, which lost 2.32% or 8.30 points to trade at 347.65 in late trade. IndusInd Bank Ltd. declined 2.20% or 40.10 points to end at 1780.00 and Eicher Motors Ltd. shed 1.83% or 383.00 points to 20547.70.

The breadth, indicating the overall health of the market, 1397 rose and 1132 declined, while 159 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.10% to 69.235.

CASH FLOW ANALYSIS

FII DII Activity 29th March 2019, In the cash market today, FII’s sold 86 crores stock whereas DII’s bought 1724 crores worth of stock. In the derivative market, FII’s sold 666 crore of Index futures and bought 637 crores worth of Index options. In the Stock futures segment, FII’s bought 388 crores worth of stock futures and bought 154 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 11650. The upside rally could be testing all the way up to 11700-11800 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 11550-11450 levels. Key support holds at 11450.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11660 -10 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 1.09% to hit a new 6-month high, while the BSE Sensex 30 index climbed 1.08%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 9.01% or 67.60 points to trade at 811.15 at the close. Zee Entertainment Enterprises Ltd. added 4.83% or 20.45 points to end at 442.80 and Adani Port and Special Economic Zone Ltd was up 4.01% or 14.70 points to 381.30 in late trade.

Biggest losers included Oil and Natural Gas Corporation Ltd, which lost 2.09% or 3.35 points to trade at 155.90 in late trade. Hindalco Industries Ltd. declined 2.19% or 4.55 points to end at 202.35 and Tata Steel Ltd shed 2.09% or 10.80 points to 506.30.

The breadth, indicating the overall health of the market, 1605 rose and 930 declined, while 169 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.05% to 69.020.

CASH FLOW ANALYSIS

FII DII Activity 28th March 2019, In the cash market today, FII’s bought 3594 crores stock whereas DII’s sold 2080 crores worth of stock. In the derivative market, FII’s bought 1814 crore of Index futures and bought 3081 crores worth of Index options. In the Stock futures segment, FII’s bought 1370 crores worth of stock futures and bought 213 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 11600. The upside rally could be testing all the way up to 11700-11800 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 11500-11400 levels. Key support holds at 11400.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11440.50 -5.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.33%, while the BSE Sensex 30 index lost 0.26%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 5.87% or 14.90 points to trade at 268.45 at the close. IndusInd Bank Ltd. added 5.68% or 97.35 points to end at 1804.25 and Indiabulls Housing Finance Ltd was up 2.78% or 20.30 points to 750.40 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 2.82% or 7.80 points to trade at 269.20 in late trade. NTPC Ltd declined 2.70% or 3.80 points to end at 137.00 and Eicher Motors Ltd. shed 1.67% or 358.00 points to 20974.15.

The breadth, indicating the overall health of the market, 1494 fell and 1144 advanced, while 141 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.29% to 68.820.

CASH FLOW ANALYSIS

FII DII Activity 27th March 2019, In the cash market today, FII’s bought 1481 crores stock whereas DII’s bought 132 crores worth of stock. In the derivative market, FII’s bought 1508 crore of Index futures and sold 2204 crores worth of Index options. In the Stock futures segment, FII’s bought 291 crores worth of stock futures and sold 157 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bearish in trend after a strong positive rally inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11400. 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 once again. The upside rally could test up to 11500-11600 levels. Key resistance holds at 11600.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11507.50 -16.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 1.14%, while the BSE Sensex 30 index climbed 1.12%.

The biggest gainers of the session on the Nifty 50 were NTPC Ltd, which rose 3.99% or 5.40 points to trade at 140.80 at the close. State Bank of India added 3.67% or 10.80 points to end at 303.50 and Reliance Industries Ltd was up 3.36% or 44.55 points to 1367.25 in late trade.

Biggest losers included Tech Mahindra Ltd, which lost 2.53% or 19.95 points to trade at 770.75 in late trade. Indian Oil Corporation Ltd declined 1.46% or 2.40 points to end at 161.80 and UPL Ltd shed 1.07% or 9.75 points to 903.30.

The breadth, indicating the overall health of the market, 1352 rose and 1243 declined, while 157 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.01% to 68.916.

CASH FLOW ANALYSIS

FII DII Activity 26th March 2019, In the cash market today, FII’s bought 999 crores stock whereas DII’s sold 196 crores worth of stock. In the derivative market, FII’s sold 1883 crore of Index futures and bought 6 crores worth of Index options. In the Stock futures segment, FII’s sold 701 crores worth of stock futures and bought 139 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 11500. The upside rally could be testing all the way up to 11600-11700 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 11400-11300 levels. Key support holds at 11300.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11371 +5.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.90%, while the BSE Sensex 30 index fell 0.93%.

The biggest gainers of the session on the Nifty 50 were Indian Oil Corporation Ltd, which rose 4.52% or 7.10 points to trade at 164.35 at the close. Oil and Natural Gas Corporation Ltd added 4.36% or 6.65 points to end at 158.65 and Coal India Ltd was up 2.26% or 5.25 points to 237.20 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 4.28% or 18.60 points to trade at 416.45 in late trade. Vedanta Ltd declined 3.28% or 5.70 points to end at 168.25 and Bharti Infratel Ltd shed 3.53% or 11.15 points to 306.60.

The breadth, indicating the overall health of the market, 1835 fell and 758 advanced, while 154 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.37% to 68.918.

CASH FLOW ANALYSIS

FII DII Activity 25th March 2019, In the cash market today, FII’s bought 150 crores stock whereas DII’s sold 12 crores worth of stock. In the derivative market, FII’s sold 152 crore of Index futures and bought 3617 crores worth of Index options. In the Stock futures segment, FII’s sold 785 crores worth of stock futures and sold 80 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 levels. Key resistance holds at 11500.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11420.50 -49.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.56%, while the BSE Sensex 30 index declined 0.58%.

The biggest gainers of the session on the Nifty 50 were NTPC Ltd, which rose 3.75% or 4.85 points to trade at 134.65 at the close. Larsen & Toubro Ltd added 1.76% or 24.10 points to end at 1394.70 and Asian Paints Ltd. was up 1.03% or 15.05 points to 1471.25 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 3.00% or 9.75 points to trade at 316.10 in late trade. Tata Motors Ltd declined 2.72% or 4.90 points to end at 175.40 and Bharat Petroleum Corp. Ltd. shed 3.12% or 12.15 points to 378.95.

The breadth, indicating the overall health of the market, 1626 fell and 963 advanced, while 142 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.41% to 68.957.

CASH FLOW ANALYSIS

FII DII Activity 22nd March 2019, In the cash market today, FII’s bought 1374 crores stock whereas DII’s sold 675 crores worth of stock. In the derivative market, FII’s bought 550 crore of Index futures and bought 799 crores worth of Index options. In the Stock futures segment, FII’s sold 1885 crores worth of stock futures and sold 62 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 11400. 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 once again. The upside rally could test up to 11500-11600 levels. Key resistance holds at 11600.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11587 -5 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.10%, while the BSE Sensex 30 index added 0.06%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 5.09% or 35.55 points to trade at 732.60 at the close. Hindalco Industries Ltd. added 2.40% or 4.85 points to end at 207.15 and Infosys Ltd was up 2.15% or 15.55 points to 738.95 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 5.52% or 16.05 points to trade at 275.10 in late trade. Zee Entertainment Enterprises Ltd. declined 5.10% or 23.75 points to end at 443.20 and Bharat Petroleum Corp. Ltd. shed 4.98% or 20.30 points to 389.15.

The breadth, indicating the overall health of the market, 1505 fell and 1054 advanced, while 171 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.19% to 68.881.

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 11580. The upside rally could be testing all the way up to 11700-11800 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 11450-11300 levels. Key support holds at 11300.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11571 -5 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.61% to hit a new 6-month high, while the BSE Sensex 30 index added 0.70%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 2.80% or 8.90 points to trade at 327.60 at the close. HCL Technologies Ltd added 2.84% or 28.75 points to end at 1036.20 and NTPC Ltd was up 1.94% or 2.56 points to 134.90 in late trade.

Biggest losers included Eicher Motors Ltd., which lost 2.66% or 591.40 points to trade at 21759.10 in late trade. Hero MotoCorp Ltd declined 2.04% or 54.50 points to end at 2614.05 and Larsen & Toubro Ltd shed 1.37% or 18.95 points to 1357.95.

The breadth, indicating the overall health of the market, 1340 rose and 1259 declined, while 160 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.59% to 68.957.

CASH FLOW ANALYSIS

FII DII Activity 19th March 2019, In the cash market today, FII’s bought 2132 crores stock whereas DII’s sold 1253 crores worth of stock. In the derivative market, FII’s bought 287 crore of Index futures and bought 554 crores worth of Index options. In the Stock futures segment, FII’s sold 600 crores worth of stock futures and bought 33 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 11580. The upside rally could be testing all the way up to 11700-11800 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 11450-11300 levels. Key support holds at 11300.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11524 +13 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.31% to hit a new 6-month high, while the BSE Sensex 30 index climbed 0.19%.

The biggest gainers of the session on the Nifty 50 were Hindustan Petroleum Corporation Ltd, which rose 3.45% or 9.55 points to trade at 286.80 at the close. Indian Oil Corporation Ltd added 3.65% or 5.75 points to end at 162.80 and Bajaj Finance Ltd was up 2.77% or 79.25 points to 2929.55 in late trade.

Biggest losers included Lupin Ltd, which lost 3.98% or 31.25 points to trade at 754.20 in late trade. Maruti Suzuki India Ltd. declined 2.57% or 182.00 points to end at 6909.10 and Hero MotoCorp Ltd shed 2.37% or 64.85 points to 2669.50.

The breadth, indicating the overall health of the market, 1504 fell and 1098 advanced, while 163 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.52% to 68.606.

CASH FLOW ANALYSIS

FII DII Activity 18th March 2019, In the cash market today, FII’s bought 1822 crores stock whereas DII’s sold 1268 crores worth of stock. In the derivative market, FII’s bought 827 crore of Index futures and bought 551 crores worth of Index options. In the Stock futures segment, FII’s sold 801 crores worth of stock futures and bought 59 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 11500. The upside rally could be testing all the way up to 11600-11700 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 11400-11300 levels. Key support holds at 11300.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11506.50 +32.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.74% to hit a new 3-month high, while the BSE Sensex 30 index gained 0.71%.

The biggest gainers of the session on the Nifty 50 were Kotak Mahindra Bank Ltd., which rose 4.65% or 59.05 points to trade at 1325.15 at the close. Indian Oil Corporation Ltd added 3.21% or 4.85 points to end at 157.35 and Hindustan Petroleum Corporation Ltd was up 2.94% or 7.85 points to 276.95 in late trade.

Biggest losers included Hindustan Unilever Ltd., which lost 2.09% or 36.30 points to trade at 1698.40 in late trade. Yes Bank Ltd declined 1.92% or 4.80 points to end at 245.05 and ITC Ltd shed 1.32% or 3.90 points to 290.80.

The breadth, indicating the overall health of the market, 1428 fell and 1143 advanced, while 164 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.30% to 69.138.

CASH FLOW ANALYSIS

FII DII Activity 15th March 2019, In the cash market today, FII’s bought 4323 crores stock whereas DII’s sold 2130 crores worth of stock. In the derivative market, FII’s bought 2361 of Index futures and sold 1533 crores worth of Index options. In the Stock futures segment, FII’s sold 2475 crores worth of stock futures and sold 45 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 11480. The upside rally could be testing all the way up to 11600-11700 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 11350-11200 levels. Key support holds at 11200.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11403.50 +18.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.01% to hit a new 3-month high, while the BSE Sensex 30 index gained 0.01%.

The biggest gainers of the session on the Nifty 50 were NTPC Ltd, which rose 3.58% or 5.30 points to trade at 153.65 at the close. IndusInd Bank Ltd. added 2.78% or 45.50 points to end at 1682.70 and Yes Bank Ltd was up 2.39% or 5.85 points to 249.85 in late trade.

Biggest losers included Power Grid Corporation of India Ltd, which lost 3.62% or 7.05 points to trade at 187.60 in late trade. HCL Technologies Ltd declined 2.17% or 22.35 points to end at 1006.75 and Hero MotoCorp Ltd shed 1.81% or 50.65 points to 2751.70.

The breadth, indicating the overall health of the market, 1432 fell and 1185 advanced, while 136 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.41% to 69.388.

CASH FLOW ANALYSIS

FII DII Activity 14th March 2019, In the cash market today, FII’s bought 1483 crores stock whereas DII’s sold 817 crores worth of stock. In the derivative market, FII’s bought 485 crore of Index futures and bought 273 crores worth of Index options. In the Stock futures segment, FII’s bought 341 crores worth of stock futures and sold 78 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, testing all the way up to 11250-11180 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11400 then it might turn bullish once again. The upside rally could test up to 11500-11600 levels. Key support holds at 11180.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11382 -1.5 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.36% to hit a new 3-month high, while the BSE Sensex 30 index climbed 0.58%.

The biggest gainers of the session on the Nifty 50 were IndusInd Bank Ltd., which rose 4.32% or 67.85 points to trade at 1636.35 at the close. Yes Bank Ltd added 3.56% or 8.40 points to end at 244.30 and Bajaj Finance Ltd was up 2.87% or 78.95 points to 2828.15 in late trade.

Biggest losers included Lupin Ltd, which lost 4.45% or 35.60 points to trade at 763.30 in late trade. Bharti Airtel Ltd. declined 4.28% or 15.05 points to end at 337.75 and Vedanta Ltd shed 3.61% or 6.45 points to 171.60.

The breadth, indicating the overall health of the market, 1621 fell and 1007 advanced, while 143 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.06% to 69.513.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 11380. The upside rally could be testing all the way up to 11450-11550 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 11280-11180 levels. Key support holds at 11180.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11311.50 -20.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 1.19% to hit a new 3-month high, while the BSE Sensex 30 index added 1.30%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 5.00% or 16.70 points to trade at 351.80 at the close. IndusInd Bank Ltd. added 3.24% or 49.10 points to end at 1569.05 and ICICI Bank Ltd was up 3.42% or 12.85 points to 388.20 in late trade.

Biggest losers included Eicher Motors Ltd., which lost 2.62% or 602.55 points to trade at 22461.95 in late trade. Bajaj Finance Ltd declined 1.36% or 38.05 points to end at 2753.05 and Bharti Infratel Ltd shed 1.16% or 3.70 points to 316.35.

The breadth, indicating the overall health of the market, 1498 rose and 980 declined, while 272 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.00% to 69.720.

CASH FLOW ANALYSIS

FII DII Activity 12th March 2019, In the cash market today, FII’s bought 2477 crores stock whereas DII’s sold 990 crores worth of stock. In the derivative market, FII’s bought 1975 crore of Index futures and sold 598 crores worth of Index options. In the Stock futures segment, FII’s bought 220 crores worth of stock futures and sold 74 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 11330. 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. The downside rally could test up to 11200-11100 levels. Key support holds at 11100.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11265 +52.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 1.20% to hit a new 3-month high, while the BSE Sensex 30 index gained 1.04%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 8.36% or 25.80 points to trade at 333.80 at the close. Hindustan Petroleum Corporation Ltd added 5.44% or 13.60 points to end at 263.40 and Bharat Petroleum Corp. Ltd. was up 5.35% or 19.65 points to 387.05 in late trade.

Biggest losers included NTPC Ltd, which lost 1.68% or 2.55 points to trade at 151.40 in late trade. Tech Mahindra Ltd declined 0.38% or 3.10 points to end at 807.15 and Zee Entertainment Enterprises Ltd. shed 0.34% or 1.55 points to 453.00.

The breadth, indicating the overall health of the market, 1693 rose and 876 declined, while 158 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.16% to 69.897.

CASH FLOW ANALYSIS

FII DII Activity 11th March 2019, In the cash market today, FII’s bought 3810 crores stock whereas DII’s sold 1955 crores worth of stock. In the derivative market, FII’s sold 12 crore of Index futures and bought 480 crores worth of Index options. In the Stock futures segment, FII’s bought 750 crores worth of stock futures and bought 11 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 11200. 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 11100-11000 levels. Key support holds at 11000.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11037 -21 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.21%, while the BSE Sensex 30 index fell 0.15%.

The biggest gainers of the session on the Nifty 50 were NTPC Ltd, which rose 3.97% or 5.80 points to trade at 152.20 at the close. Eicher Motors Ltd. added 1.74% or 373.50 points to end at 21871.05 and GAIL Ltd was up 1.79% or 6.15 points to 349.65 in late trade.

Biggest losers included Tata Motors Ltd, which lost 4.28% or 8.10 points to trade at 181.20 in late trade. Wipro Ltd declined 4.15% or 11.15 points to end at 257.70 and Tata Steel Ltd shed 2.55% or 13.30 points to 507.85.

The breadth, indicating the overall health of the market, 1385 fell and 1167 advanced, while 131 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.28% to 70.015.

CASH FLOW ANALYSIS

FII DII Activity 8th March 2019, In the cash market today, FII’s sold 3838 crores stock whereas DII’s bought 3038 crores worth of stock. In the derivative market, FII’s sold 602 crore of Index futures and sold 517 crores worth of Index options. In the Stock futures segment, FII’s sold 2287 crores worth of stock futures and sold 26 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, testing all the way up to 10950-10800 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11080 then it might turn bullish once again. The upside rally could test up to 11200-11300 levels. Key support holds at 10800.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11073 -14.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.05%, while the BSE Sensex 30 index gained 0.24%.

The biggest gainers of the session on the Nifty 50 were Larsen & Toubro Ltd, which rose 2.69% or 35.40 points to trade at 1352.40 at the close. Mahindra & Mahindra Ltd. added 1.96% or 12.90 points to end at 671.80 and AXIS Bank Ltd was up 1.89% or 13.65 points to 733.75 in late trade.

Biggest losers included Coal India Ltd, which lost 3.42% or 8.30 points to trade at 235.00 in late trade. Wipro Ltd declined 3.05% or 8.45 points to end at 268.85 and Indian Oil Corporation Ltd shed 3.45% or 5.35 points to 150.20.

The breadth, indicating the overall health of the market, 1308 fell and 1258 advanced, while 152 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.07% to 70.044.

CASH FLOW ANALYSIS

FII DII Activity 7th March 2019, In the cash market today, FII’s bought 1137 crores stock whereas DII’s sold 925 crores worth of stock. In the derivative market, FII’s bought 532 crore of Index futures and bought 2072 crores worth of Index options. In the Stock futures segment, FII’s sold 377 crores worth of stock futures and sold 83 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 11100. 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 11000-10900 levels. Key support holds at 10900.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11092.50 -4.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.60%, while the BSE Sensex 30 index added 0.53%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd., which rose 2.84% or 10.30 points to trade at 372.70 at the close. Bajaj Finance Ltd added 2.63% or 70.85 points to end at 2766.70 and ICICI Bank Ltd was up 2.20% or 8.00 points to 371.95 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 2.80% or 13.55 points to trade at 470.90 in late trade. Tata Motors Ltd declined 2.40% or 4.65 points to end at 188.80 and AXIS Bank Ltd shed 1.76% or 12.85 points to 720.60.

The breadth, indicating the overall health of the market, 1605 rose and 990 declined, while 139 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.19% to 70.331.

CASH FLOW ANALYSIS

FII DII Activity 6th March 2019, In the cash market today, FII’s bought 1130 crores stock whereas DII’s sold 878 crores worth of stock. In the derivative market, FII’s bought 377 crore of Index futures and bought 288 crores worth of Index options. In the Stock futures segment, FII’s bought 161 crores worth of stock futures and bought 139 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 11100. 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 11000-10900 levels. Key support holds at 10900.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11058 +25 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 1.14%, while the BSE Sensex 30 index added 1.05%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 10.01% or 67.25 points to trade at 739.95 at the close. Eicher Motors Ltd. added 7.83% or 1561.35 points to end at 21505.40 and Tata Motors Ltd was up 7.27% or 13.10 points to 194.05 in late trade.

Biggest losers included Wipro Ltd, which lost 3.42% or 12.85 points to trade at 363.60 in late trade. Tech Mahindra Ltd declined 2.52% or 21.00 points to end at 810.00 and Infosys Ltd shed 1.23% or 9.15 points to 732.50.

The breadth, indicating the overall health of the market, 2058 rose and 553 declined, while 144 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.55% to 70.507.

CASH FLOW ANALYSIS

FII DII Activity 5th March 2019, In the cash market today, FII’s bought 751 crores stock whereas DII’s bought 580 crores worth of stock. In the derivative market, FII’s bought 143 crore of Index futures and bought 481 crores worth of Index options. In the Stock futures segment, FII’s bought 559 crores worth of stock futures and bought 5 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 11030. 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 10900-10800 levels. Key support holds at 10800.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10831.50 -16 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.66%, while the BSE Sensex 30 index gained 0.55%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 4.48% or 20.90 points to trade at 486.35 at the close. Hindustan Petroleum Corporation Ltd added 4.43% or 9.90 points to end at 232.70 and Lupin Ltd was up 3.51% or 26.80 points to 786.60 in late trade.

Biggest losers included Bharti Airtel Ltd., which lost 3.16% or 10.05 points to trade at 307.65 in late trade. Bajaj Auto Ltd declined 1.36% or 39.55 points to end at 2863.50 and AXIS Bank Ltd shed 1.00% or 7.10 points to 702.40.

The breadth, indicating the overall health of the market, 1848 rose and 639 declined, while 125 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.07% to 70.862.

CASH FLOW ANALYSIS

FII DII Activity 1st March 2019, In the cash market today, FII’s bought 198 crores stock whereas DII’s bought 117 crores worth of stock. In the derivative market, FII’s bought 169 crore of Index futures and bought 1832 crores worth of Index options. In the Stock futures segment, FII’s sold 140 crores worth of stock futures and bought 501 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 10900. The upside rally could be testing all the way up to 11000-11100 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 10800-10700 levels. Key support holds at 10700.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10855.50 -14.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.13%, while the BSE Sensex 30 index lost 0.11%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd, which rose 3.32% or 7.35 points to trade at 228.30 at the close. Vedanta Ltd added 3.67% or 6.05 points to end at 169.40 and Indian Oil Corporation Ltd was up 2.13% or 3.00 points to 144.60 in late trade.

Biggest losers included Tata Consultancy Services Ltd., which lost 3.62% or 74.60 points to trade at 1983.45 in late trade. Eicher Motors Ltd. declined 2.87% or 586.15 points to end at 19869.10 and Maruti Suzuki India Ltd. shed 1.96% or 136.55 points to 6829.70.

The breadth, indicating the overall health of the market, 1415 rose and 992 declined, while 150 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.19% to 71.100.

CASH FLOW ANALYSIS

FII DII Activity 28th February 2019, In the cash market today, FII’s bought 62 crores stock whereas DII’s bought 351 crores worth of stock. In the derivative market, FII’s bought 1214 crore of Index futures and bought 2009 crores worth of Index options. In the Stock futures segment, FII’s bought 608 crores worth of stock futures and bought 638 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks below a key support holding at 10750. The downside rally could be testing all the way up to 10650-10600 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 10900-11000 levels. Key resistance holds at 11000.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10841 +37.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.26%, while the BSE Sensex 30 index fell 0.19%.

The biggest gainers of the session on the Nifty 50 were UltraTech Cement Ltd, which rose 2.15% or 81.45 points to trade at 3889.10 at the close. Bajaj Auto Ltd added 1.46% or 41.70 points to end at 2914.70 and UPL Ltd was up 1.16% or 9.95 points to 869.30 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 3.73% or 11.50 points to trade at 296.75 in late trade. Wipro Ltd declined 3.28% or 12.70 points to end at 374.40 and Vedanta Ltd shed 3.30% or 5.60 points to 164.65.

The breadth, indicating the overall health of the market, 1322 fell and 1120 advanced, while 158 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.24% to 71.185.

CASH FLOW ANALYSIS

FII DII Activity 27th February 2019, In the cash market today, FII’s bought 423 crores stock whereas DII’s bought 66 crores worth of stock. In the derivative market, FII’s bought 456 crore of Index futures and bought 635 crores worth of Index options. In the Stock futures segment, FII’s bought 386 crores worth of stock futures and sold 91 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks below a key support holding at 10750. The downside rally could be testing all the way up to 10650-10600 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 10900-11000 levels. Key resistance holds at 11000.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10859.50 +36.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.41%, while the BSE Sensex 30 index fell 0.66%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 6.01% or 26.75 points to trade at 469.20 at the close. Tata Motors Ltd added 4.13% or 7.25 points to end at 182.65 and Coal India Ltd was up 2.75% or 5.90 points to 220.15 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 3.49% or 23.70 points to trade at 659.25 in late trade. HCL Technologies Ltd declined 2.20% or 23.85 points to end at 1058.85 and Housing Development Finance Corporation Ltd shed 2.03% or 38.50 points to 1853.65.

The breadth, indicating the overall health of the market, 1518 fell and 908 advanced, while 135 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.30% to 71.045.

CASH FLOW ANALYSIS

FII DII Activity 26th February 2019, In the cash market today, FII’s bought 1674 crores stock whereas DII’s sold 720 crores worth of stock. In the derivative market, FII’s sold 698 crore of Index futures and sold 571 crores worth of Index options. In the Stock futures segment, FII’s bought 561 crores worth of stock futures and sold 191 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 10900. The upside rally could be testing all the way up to 11000-11100 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 10750-10600 levels. Key support holds at 10600.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10816 -76.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.82%, while the BSE Sensex 30 index added 0.95%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 2.61% or 5.80 points to trade at 229.10 at the close. Tata Consultancy Services Ltd. added 3.19% or 61.35 points to end at 1985.15 and Infosys Ltd was up 2.73% or 20.05 points to 754.90 in late trade.

Biggest losers included Adani Port and Special Economic Zone Ltd, which lost 8.13% or 28.80 points to trade at 324.55 in late trade. Bharti Infratel Ltd declined 3.06% or 9.60 points to end at 303.95 and Bharat Petroleum Corp. Ltd. shed 2.38% or 8.20 points to 336.05.

The breadth, indicating the overall health of the market, 1486 rose and 1040 declined, while 140 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.05% to 70.999.

CASH FLOW ANALYSIS

FII DII Activity 25th February 2019, In the cash market today, FII’s bought 2134 crores stock whereas DII’s sold 1746 crores worth of stock. In the derivative market, FII’s bought 297 crore of Index futures and sold 204 crores worth of Index options. In the Stock futures segment, FII’s sold 904 crores worth of stock futures and bought 142 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 10920. The upside rally could be testing all the way up to 11050-11200 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 10800-10700 levels. Key support holds at 10700.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10802 -5 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.02%, while the BSE Sensex 30 index fell 0.07%.

The biggest gainers of the session on the Nifty 50 were Indian Oil Corporation Ltd, which rose 5.19% or 6.80 points to trade at 137.20 at the close. Hindustan Petroleum Corporation Ltd added 3.83% or 8.55 points to end at 230.95 and Yes Bank Ltd was up 2.86% or 6.15 points to 222.00 in late trade.

Biggest losers included Kotak Mahindra Bank Ltd., which lost 3.95% or 50.90 points to trade at 1237.90 in late trade. GAIL Ltd declined 1.57% or 5.20 points to end at 327.15 and Reliance Industries Ltd shed 1.22% or 15.20 points to 1232.35.

The breadth, indicating the overall health of the market, 1575 rose and 875 declined, while 148 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.03% to 71.175.

CASH FLOW ANALYSIS

FII DII Activity 22nd February 2019, In the cash market today, FII’s bought 55 crores stock whereas DII’s bought 202 crores worth of stock. In the derivative market, FII’s sold 472 crore of Index futures and bought 1563 crores worth of Index options. In the Stock futures segment, FII’s bought 300 crores worth of stock futures and sold 160 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 10820. The upside rally could be testing all the way up to 10950-11100 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 10700-10600 levels. Key support holds at 10600.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10795.50 -18 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.51%, while the BSE Sensex 30 index gained 0.40%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 6.32% or 40.75 points to trade at 683.95 at the close. Tata Motors Ltd added 3.16% or 5.20 points to end at 169.70 and Bajaj Finserv Ltd was up 3.21% or 192.60 points to 6169.10 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 1.87% or 5.95 points to trade at 312.55 in late trade. Bharat Petroleum Corp. Ltd. declined 1.20% or 4.10 points to end at 335.30 and Yes Bank Ltd shed 1.08% or 2.35 points to 215.15.

The breadth, indicating the overall health of the market, 1535 rose and 927 declined, while 135 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.16% to 71.175.

CASH FLOW ANALYSIS

FII DII Activity 21st February 2019, In the cash market today, FII’s bought 55 crores stock whereas DII’s bought 202 crores worth of stock. In the derivative market, FII’s sold 472 crore of Index futures and bought 1563 crores worth of Index options. In the Stock futures segment, FII’s bought 300 crores worth of stock futures and sold 160 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 10850. The upside rally could be testing all the way up to 10950-11100 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 10700-10600 levels. Key support holds at 10600.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10726 -41 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 1.24%, while the BSE Sensex 30 index gained 1.14%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 6.14% or 37.70 points to trade at 645.20 at the close. Vedanta Ltd added 4.64% or 7.10 points to end at 160.25 and Adani Port and Special Economic Zone Ltd was up 4.43% or 15.05 points to 354.75 in late trade.

Biggest losers included Hero MotoCorp Ltd, which lost 0.30% or 7.85 points to trade at 2623.75 in late trade. Bajaj Auto Ltd added 0.24% or 6.65 points to end at 2774.70 and Dr. Reddy’s Laboratories Ltd shed 0.35% or 8.90 points to 2525.15.

The breadth, indicating the overall health of the market, 1442 rose and 1073 declined, while 142 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.24% to 71.121.

CASH FLOW ANALYSIS

FII DII Activity 20th February 2019, In the cash market today, FII’s bought 713 crores stock whereas DII’s bought 113 crores worth of stock. In the derivative market, FII’s bought 746 crore of Index futures and bought 2206 crores worth of Index options. In the Stock futures segment, FII’s bought 266 crores worth of stock futures and sold 111 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 10800. The upside rally could be testing all the way up to 10900-11000 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 10650-10560 levels. Key support holds at 10560.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10670.50 +57 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.34% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.41%.

The biggest gainers of the session on the Nifty 50 were Vedanta Ltd, which rose 3.34% or 4.95 points to trade at 153.10 at the close. Grasim Industries Ltd added 3.02% or 21.15 points to end at 718.35 and Bharat Petroleum Corp. Ltd. was up 2.75% or 9.00 points to 335.25 in late trade.

Biggest losers included Tata Consultancy Services Ltd., which lost 3.18% or 62.70 points to trade at 1904.80 in late trade. Wipro Ltd declined 3.26% or 12.25 points to end at 363.45 and NTPC Ltd shed 2.44% or 3.35 points to 133.70.

The breadth, indicating the overall health of the market, 1321 rose and 1140 declined, while 117 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.08% to 71.465.

CASH FLOW ANALYSIS

FII DII Activity 19th February 2019, In the cash market today, FII’s sold 813 crores stock whereas DII’s bought 1163 crores worth of stock. In the derivative market, FII’s bought 774 crore of Index futures and sold 155 crores worth of Index options. In the Stock futures segment, FII’s bought 163 crores worth of stock futures and sold 137 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections and retesting near the channel’s support slope line. The market is expected to continue on bullish momentum by retesting the same based on the current price action, testing all the way up to 10700-10800 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10550 then it might turn bearish once again. The downside rally could test up to 10500-10400 levels. Key resistance holds at 10800.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10676 +23 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.78% to hit a new 1-month low, while the BSE Sensex 30 index fell 0.87%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 3.13% or 9.60 points to trade at 317.05 at the close. Zee Entertainment Enterprises Ltd. added 1.51% or 6.50 points to end at 438.95 and Oil and Natural Gas Corporation Ltd was up 1.59% or 2.15 points to 137.10 in late trade.

Biggest losers included Tata Consultancy Services Ltd., which lost 2.96% or 60.10 points to trade at 1970.30 in late trade. Yes Bank Ltd declined 2.28% or 5.00 points to end at 213.55 and Indiabulls Housing Finance Ltd shed 3.50% or 22.35 points to 623.50.

The breadth, indicating the overall health of the market, 1643 fell and 845 advanced, while 148 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.02% to 71.345.

CASH FLOW ANALYSIS

FII DII Activity 18th February 2019, In the cash market today, FII’s sold 1239 crores stock whereas DII’s bought 2336 crores worth of stock. In the derivative market, FII’s sold 433 crore of Index futures and sold 487 crores worth of Index options. In the Stock futures segment, FII’s sold 71 crores worth of stock futures and sold 96 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks below a key support holding at 10600. The downside rally could be testing all the way up to 10500-10400 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 10700-10800 levels. Key resistance holds at 10800.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10778 +23.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.20%, while the BSE Sensex 30 index fell 0.19%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd., which rose 3.83% or 12.10 points to trade at 327.85 at the close. NTPC Ltd added 3.05% or 4.00 points to end at 136.25 and Power Grid Corporation of India Ltd was up 2.77% or 4.85 points to 181.50 in late trade.

Biggest losers included Lupin Ltd, which lost 4.47% or 36.20 points to trade at 774.75 in late trade. Sun Pharmaceutical Industries Ltd. declined 4.06% or 17.90 points to end at 422.90 and Dr. Reddy’s Laboratories Ltd shed 4.17% or 111.30 points to 2563.35.

The breadth, indicating the overall health of the market, 1549 fell and 887 advanced, while 130 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.28% to 71.216.

CASH FLOW ANALYSIS

FII DII Activity 15th February 2019, In the cash market today, FII’s sold 966 crores stock whereas DII’s bought 853 crores worth of stock. In the derivative market, FII’s sold 1054 crore of Index futures and sold 618 crores worth of Index options. In the Stock futures segment, FII’s bought 131 crores worth of stock futures and bought 427 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks below a key support holding at 10700. The downside rally could be testing all the way up to 10600-10500 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 10800-10900 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10795 +2 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.44%, while the BSE Sensex 30 index fell 0.44%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 31.37% or 53.15 points to trade at 221.25 at the close. Zee Entertainment Enterprises Ltd. added 6.57% or 26.80 points to end at 433.45 and Indiabulls Housing Finance Ltd was up 6.65% or 41.15 points to 656.60 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd., which lost 3.61% or 11.90 points to trade at 315.65 in late trade. Indian Oil Corporation Ltd declined 3.85% or 5.00 points to end at 124.65 and Hindalco Industries Ltd. shed 3.10% or 6.15 points to 191.75.

The breadth, indicating the overall health of the market, 1316 fell and 1135 advanced, while 118 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.29% to 71.071.

CASH FLOW ANALYSIS

FII DII Activity 14th February 2019, In the cash market today, FII’s sold 250 crores stock whereas DII’s bought 1225 crores worth of stock. In the derivative market, FII’s sold 3600 crore of Index futures and bought 2029 crores worth of Index options. In the Stock futures segment, FII’s sold 499 crores worth of stock futures and bought 325 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks below a key support holding at 10700. The downside rally could be testing all the way up to 10600-10500 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 10800-10900 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10766 -37 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.35%, while the BSE Sensex 30 index fell 0.33%.

The biggest gainers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd, which rose 4.82% or 15.75 points to trade at 341.65 at the close. Indiabulls Housing Finance Ltd added 3.61% or 21.60 points to end at 618.90 and UPL Ltd was up 2.30% or 18.30 points to 817.20 in late trade.

Biggest losers included Eicher Motors Ltd., which lost 4.82% or 1019.40 points to trade at 20158.70 in late trade. Hindustan Petroleum Corporation Ltd declined 3.87% or 9.05 points to end at 225.10 and Indian Oil Corporation Ltd shed 3.90% or 5.25 points to 129.90.

The breadth, indicating the overall health of the market, 1496 fell and 958 advanced, while 126 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.43% to 70.835.

CASH FLOW ANALYSIS

FII DII Activity 13th February 2019, In the cash market today, FII’s sold 676 crores stock whereas DII’s bought 713 crores worth of stock. In the derivative market, FII’s bought 397 crore of Index futures and sold 415 crores worth of Index options. In the Stock futures segment, FII’s sold 301 crores worth of stock futures and sold 189 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks below a key support holding at 10750. The downside rally could be testing all the way up to 10650-10550 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 10850-10950 levels. Key resistance holds at 10950.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10892.50 +31 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 lost 0.66%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 4.06% or 16.30 points to trade at 414.70 at the close. NTPC Ltd added 2.22% or 2.90 points to end at 133.25 and Coal India Ltd was up 1.97% or 4.30 points to 223.05 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 3.34% or 10.80 points to trade at 312.85 in late trade. Hero MotoCorp Ltd declined 3.01% or 87.05 points to end at 2799.55 and Housing Development Finance Corporation Ltd shed 2.24% or 43.70 points to 1905.05.

The breadth, indicating the overall health of the market, 1418 fell and 1025 advanced, while 129 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.61% to 70.800.

CASH FLOW ANALYSIS

FII DII Activity 12th February 2019, In the cash market today, FII’s sold 466 crores stock whereas DII’s sold 122 crores worth of stock. In the derivative market, FII’s bought 401 crore of Index futures and bought 607 crores worth of Index options. In the Stock futures segment, FII’s sold 546 crores worth of stock futures and bought 232 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, 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 10900-11000 levels. Key resistance holds at 11000.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10915 -16 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 declined 0.41%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd, which rose 2.35% or 11.00 points to trade at 480.70 at the close. Cipla Ltd. added 1.69% or 9.05 points to end at 543.30 and Indian Oil Corporation Ltd was up 1.53% or 2.05 points to 135.85 in late trade.

Biggest losers included Dr. Reddy’s Laboratories Ltd, which lost 5.57% or 154.35 points to trade at 2615.35 in late trade. Mahindra & Mahindra Ltd. declined 5.07% or 34.55 points to end at 647.55 and Oil and Natural Gas Corporation Ltd shed 4.13% or 5.95 points to 138.20.

The breadth, indicating the overall health of the market, 1663 fell and 820 advanced, while 130 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.00% to 71.177.

CASH FLOW ANALYSIS

FII DII Activity 11th February 2019, In the cash market today, FII’s sold 125 crores stock whereas DII’s sold 232 crores worth of stock. In the derivative market, FII’s bought 274 crore of Index futures and bought 1344 crores worth of Index options. In the Stock futures segment, FII’s sold 551 crores worth of stock futures and bought 50 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks below a key support holding at 10850. The downside rally could be testing all the way up to 10750-10650 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 10950-11050 levels. Key resistance holds at 11050.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10917.50 -29 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 1.14%, while the BSE Sensex 30 index fell 1.15%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 7.55% or 23.10 points to trade at 326.05 at the close. Kotak Mahindra Bank Ltd. added 1.09% or 14.00 points to end at 1299.40 and Lupin Ltd was up 1.45% or 11.95 points to 830.75 in late trade.

Biggest losers included Tata Motors Ltd, which lost 17.88% or 32.70 points to trade at 150.70 in late trade. Indiabulls Housing Finance Ltd declined 6.91% or 45.05 points to end at 613.90 and Vedanta Ltd shed 5.41% or 8.85 points to 154.15.

The breadth, indicating the overall health of the market, 1524 fell and 917 advanced, while 121 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.14% to 71.215.

CASH FLOW ANALYSIS

FII DII Activity 8th February 2019, In the cash market today, FII’s bought 843 crores stock whereas DII’s sold 960 crores worth of stock. In the derivative market, FII’s sold 224 crore of Index futures and bought 1877 crores worth of Index options. In the Stock futures segment, FII’s sold 798 crores worth of stock futures and sold 40 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks below a key support holding at 10900. 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 11000-11100 levels. Key resistance holds at 11100.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11077 -18 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.06% to hit a new 3-month high, while the BSE Sensex 30 index declined 0.01%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 4.56% or 17.70 points to trade at 408.75 at the close. Sun Pharmaceutical Industries Ltd. added 4.13% or 17.20 points to end at 434.90 and Eicher Motors Ltd. was up 3.56% or 750.75 points to 21904.20 in late trade.

Biggest losers included Lupin Ltd, which lost 2.29% or 19.25 points to trade at 822.80 in late trade. Reliance Industries Ltd declined 1.70% or 22.25 points to end at 1290.40 and Larsen & Toubro Ltd shed 1.46% or 19.25 points to 1296.05.

The breadth, indicating the overall health of the market, 1355 rose and 1101 declined, while 155 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.33% to 71.371.

CASH FLOW ANALYSIS

FII DII Activity 7th February 2019, In the cash market today, FII’s bought 418 crores stock whereas DII’s bought 294 crores worth of stock. In the derivative market, FII’s bought 999 crore of Index futures and bought 1173 crores worth of Index options. In the Stock futures segment, FII’s bought 473 crores worth of stock futures and bought 85 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 11100. 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 10950-10800 levels. Key support holds at 10800.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11072.50 -32.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 1.17% to hit a new 3-month high, while the BSE Sensex 30 index climbed 0.98%.

The biggest gainers of the session on the Nifty 50 were Tech Mahindra Ltd, which rose 8.12% or 61.00 points to trade at 811.35 at the close. Zee Entertainment Enterprises Ltd. added 6.46% or 23.60 points to end at 388.00 and Cipla Ltd. was up 7.30% or 37.10 points to 534.95 in late trade.

Biggest losers included Adani Port and Special Economic Zone Ltd, which lost 3.13% or 10.65 points to trade at 330.35 in late trade. Dr. Reddy’s Laboratories Ltd declined 1.04% or 29.45 points to end at 2789.70 and IndusInd Bank Ltd. shed 1.23% or 19.00 points to 1526.05.

The breadth, indicating the overall health of the market, 1488 fell and 985 advanced, while 139 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.11% to 71.575.

CASH FLOW ANALYSIS

FII DII Activity 6th February 2019, In the cash market today, FII’s bought 694 crores stock whereas DII’s bought 525 crores worth of stock. In the derivative market, FII’s bought 2817 crore of Index futures and bought 262 crores worth of Index options. In the Stock futures segment, FII’s bought 865 crores worth of stock futures and bought 82 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 11100. 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 10950-10800 levels. Key support holds at 10800.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11012 +52 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.20%, while the BSE Sensex 30 index gained 0.09%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 4.86% or 16.90 points to trade at 365.35 at the close. Titan Company Ltd added 4.17% or 42.75 points to end at 1066.70 and UPL Ltd was up 3.62% or 27.90 points to 795.95 in late trade.

Biggest losers included Coal India Ltd, which lost 2.70% or 6.00 points to trade at 216.40 in late trade. Tata Motors Ltd declined 2.36% or 4.25 points to end at 175.80 and Tata Steel Ltd shed 2.38% or 11.35 points to 464.70.

The breadth, indicating the overall health of the market, 1652 fell and 817 advanced, while 135 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.09% to 71.630.

CASH FLOW ANALYSIS

FII DII Activity 5th February 2019, In the cash market today, FII’s bought 420 crores stock whereas DII’s bought 194 crores worth of stock. In the derivative market, FII’s bought 794 crore of Index futures and bought 173 crores worth of Index options. In the Stock futures segment, FII’s sold 320 crores worth of stock futures and bought 40 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, 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 10850-10750 levels. Key support holds at 10750.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10966 +18 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.17%, while the BSE Sensex 30 index added 0.31%.

The biggest gainers of the session on the Nifty 50 were Titan Company Ltd, which rose 3.32% or 32.95 points to trade at 1025.75 at the close. Reliance Industries Ltd added 3.16% or 39.55 points to end at 1290.90 and Oil and Natural Gas Corporation Ltd was up 3.28% or 4.65 points to 146.25 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 4.21% or 28.60 points to trade at 650.75 in late trade. Hindalco Industries Ltd. declined 3.45% or 7.30 points to end at 204.20 and Hindustan Petroleum Corporation Ltd shed 3.27% or 7.65 points to 226.50.

The breadth, indicating the overall health of the market, 1740 fell and 753 advanced, while 167 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.38% to 71.735.

CASH FLOW ANALYSIS

FII DII Activity 4th February 2019, In the cash market today, FII’s sold 112 crores stock whereas DII’s sold 65 crores worth of stock. In the derivative market, FII’s sold 184 crore of Index futures and bought 1186 crores worth of Index options. In the Stock futures segment, FII’s bought 110 crores worth of stock futures and bought 133 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 10950. The upside rally could be testing all the way up to 11050-11200 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 10800-10650 levels. Key support holds at 10650.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10899 -12.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.58%, while the BSE Sensex 30 index added 0.59%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd, which rose 7.54% or 197.05 points to trade at 2807.25 at the close. Maruti Suzuki India Ltd. added 4.35% or 288.85 points to end at 6962.30 and HCL Technologies Ltd was up 3.62% or 36.35 points to 1043.85 in late trade.

Biggest losers included Vedanta Ltd, which lost 18.12% or 35.75 points to trade at 162.15 in late trade. Zee Entertainment Enterprises Ltd. declined 7.26% or 27.60 points to end at 354.40 and Yes Bank Ltd shed 4.53% or 8.80 points to 185.60.

The breadth, indicating the overall health of the market, 1299 fell and 1151 advanced, while 128 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.44% to 71.280.

CASH FLOW ANALYSIS

FII DII Activity 1st February 2019, In the cash market today, FII’s bought 1315 crores stock whereas DII’s sold 5 crores worth of stock. In the derivative market, FII’s bought 1711 crore of Index futures and bought 79 crores worth of Index options. In the Stock futures segment, FII’s bought 856 crores worth of stock futures and sold 121 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising 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 based on the current price action, once the same breaks above a key resistance holding at 10950. The upside rally could be testing all the way up to 11050-11200 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 10850-10750 levels. Key support holds at 10750.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10896.50 +41 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 1.68%, while the BSE Sensex 30 index added 1.87%.

The biggest gainers of the session on the Nifty 50 were AXIS Bank Ltd, which rose 4.32% or 29.85 points to trade at 722.70 at the close. Tata Motors Ltd added 3.06% or 5.35 points to end at 181.20 and GAIL Ltd was up 3.54% or 11.40 points to 332.15 in late trade.

Biggest losers included Yes Bank Ltd, which lost 2.76% or 5.50 points to trade at 194.10 in late trade. Bajaj Finserv Ltd declined 2.21% or 138.20 points to end at 6091.90 and Zee Entertainment Enterprises Ltd. shed 2.73% or 10.60 points to 380.20.

The breadth, indicating the overall health of the market, 1364 rose and 1111 declined, while 126 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.38% to 71.175.

CASH FLOW ANALYSIS

FII DII Activity 31st January 2019, In the cash market today, FII’s bought 3006 crores stock whereas DII’s sold 1634 crores worth of stock. In the derivative market, FII’s bought 2765 crore of Index futures and bought 3437 crores worth of Index options. In the Stock futures segment, FII’s bought 1160 crores worth of stock futures and bought 782 crores stock options.