Indian benchmark Nifty saw a range bound but positive movement yesterday. Nifty closed at day high of 8589, a striking distance from previous week high of 8605. The day was marked with outperformance from mid cap and small cap stocks along with consolidation of IT stocks. European Central Bank is expected to announce its credit policy today after market hours at 5:15 pm IST. Hopes of continued stimulus in the light of Brexit has become a possibility which should take all global markets higher.
The top 5 gainers for Wednesday were AUROPHARMA, TATAPOWER, COALINDIA, BHEL and GAIL.
Nifty is expected to open at 8584 as per SGX Nifty at 8:15 am IST, which was its yesterday's close.
Open Interest Futures & Options Index Update:
The top 5 gainers for Wednesday were AUROPHARMA, TATAPOWER, COALINDIA, BHEL and GAIL.
Nifty is expected to open at 8584 as per SGX Nifty at 8:15 am IST, which was its yesterday's close.
Open Interest Futures & Options Index Update:
On 20th of July, FII & Pro have bought 316950 shares combined which is below the average of 705075.
The total for the July expiry from the 1st July to 20th July is 5440725 shares, which indicates that big players are building long positions in market.
The total for the July expiry from the 1st July to 20th July is 5440725 shares, which indicates that big players are building long positions in market.
On 20th of July, FII & Pro have bought 659100 shares combined, below average of 2920650, after five days of selling.
The total for the July expiry from the 1st July to 20th July is 4165800 which indicates that a Buy position has been created for the clearing.
FII & DII Cash Buy/Sell Activity:
Last trading day, FII have bought shares worth Rs. 215 Cr and DII have sold shares worth Rs. 45 Cr. Combined, net buying worth Rs. 170 cr was seen.
Since 1st July 2016, FII have bought Rs.5544 crores worth shares where as DII have sold shares worth Rs.3751 crores in the cash segment.
FII and DII combined have a net buy worth Rs. 1792 Cr since 1st July 2016.
The combine FII and Pro have seen a continued increase in long position in Index future and an increase of short position in index options. In the cash segment FII and DII combined are net buyers of Rs. 1792 Cr since 1st July 2016. The immediate target for Nifty as per Dynamic Levels is 8648.
Last trading day, FII have bought shares worth Rs. 215 Cr and DII have sold shares worth Rs. 45 Cr. Combined, net buying worth Rs. 170 cr was seen.
Since 1st July 2016, FII have bought Rs.5544 crores worth shares where as DII have sold shares worth Rs.3751 crores in the cash segment.
FII and DII combined have a net buy worth Rs. 1792 Cr since 1st July 2016.
The combine FII and Pro have seen a continued increase in long position in Index future and an increase of short position in index options. In the cash segment FII and DII combined are net buyers of Rs. 1792 Cr since 1st July 2016. The immediate target for Nifty as per Dynamic Levels is 8648.
Disclaimer:
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision.
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision.
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
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