For today, expect consolidation with a positive bias as Chinese President meets US counterpart to talk trade & settle issues on tariffs.
SGX Nifty is at 10,894, up 38 points. For today, expect high volatility as Finance Minister presents the Union Budget.
Nifty saw the strongest rally in last 6 months as it jumped 180 points on expiry of derivative contracts for January. Bears squeezed as short covering & value buying saw stocks close at month highs.This came in as foreign investors bought over Rs3,000cr on a single day, the highest inflow in over a year.
Global Markets: Asian indices opened in the green with the Japanese Nikkei clocking over 1% gains as equity, as an asset class, sees huge outperformance in January.This week has also seen most Asian indices close near 6 month highs as global rally sees stocks outperform. For today, expect consolidation with a positive bias as Chinese President meets US counterpart to talk trade & settle issues on tariffs.
US Markets: S&P has best January in 30 years, clocking gains of nearly 8% as Federal Reserve sounds dovish & adds to bullish momentum. Technology stocks lead the gainers as earnings beat estimates.
FII/DII Data: In yesterday’s trading session FIIs bought 3006 crores stock in cash market whereas DIIs sold 1634 crores worth of stock. In the derivative market, FIIs bought 2765 crores of Index futures and bought 3437 crores worth of Index options. In the Stock futures segment, FIIs bought 1160 crores worth of stock futures and bought 782 crores stock options.
Nifty saw the strongest rally in last 6 months as it jumped 180 points on expiry of derivative contracts for January. Bears squeezed as short covering & value buying saw stocks close at month highs.This came in as foreign investors bought over Rs3,000cr on a single day, the highest inflow in over a year.
Global Markets: Asian indices opened in the green with the Japanese Nikkei clocking over 1% gains as equity, as an asset class, sees huge outperformance in January.This week has also seen most Asian indices close near 6 month highs as global rally sees stocks outperform. For today, expect consolidation with a positive bias as Chinese President meets US counterpart to talk trade & settle issues on tariffs.
US Markets: S&P has best January in 30 years, clocking gains of nearly 8% as Federal Reserve sounds dovish & adds to bullish momentum. Technology stocks lead the gainers as earnings beat estimates.
FII/DII Data: In yesterday’s trading session FIIs bought 3006 crores stock in cash market whereas DIIs sold 1634 crores worth of stock. In the derivative market, FIIs bought 2765 crores of Index futures and bought 3437 crores worth of Index options. In the Stock futures segment, FIIs bought 1160 crores worth of stock futures and bought 782 crores stock options.
Get more details here:
Call on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
1 Comments
ReplyDeleteI'm thankful for finding your blog post. I've bookmarked this site and will return again soon.
BTST!
stock futures tips!
Stock Option tips!