Indian Market Outlook:
A fresh week saw Nifty outperforming its global peers with a breakout above weekly high of 8605, Nifty made a high of 8645 and the momentum was aided by Bank Nifty which rose sharply by 300 points to close at 18980.Market players are keenly awaiting the passage of GST bill which will be one of the biggest tax reforms in a decade, the positive sentiment is expected to continue today despite international markets weakness. Nifty trend is a buy and any correction today of 50 to 60 points should be used as an buying opportunity.
The top 5 gainers are Bhel, Bank of Baroda, Maruti, State Bank of India and Asian paints.
Open Interest Futures & Options Index Update:
The top 5 gainers are Bhel, Bank of Baroda, Maruti, State Bank of India and Asian paints.
Open Interest Futures & Options Index Update:
On 25th of July, FII & Pro have bought 77475 shares combined which is below the average of 705075.
The total for the July expiry from the 1st July to 25th July is buy 6019875 shares, which indicates that big players are building long positions in market.
The total for the July expiry from the 1st July to 25th July is buy 6019875 shares, which indicates that big players are building long positions in market.
On 25th of July, FII & Pro have bought 3048750 shares combined which is above the average of 2920650.
The total for the July expiry from the 1st July to 25th July is 4658625 which indicates that a Buy position has been created for the clearing.
The total for the July expiry from the 1st July to 25th July is 4658625 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. 891.01 Cr and DII have sold shares worth Rs. 67.89 Cr. Combined, net buying worth Rs. 823.12 cr was seen.
Since 1st July 2016, FII have bought Rs.7293 crores worth shares where as DII have sold shares worth Rs.4557 crores in the cash segment.
FII and DII combined have a net buy worth Rs. 2735 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 long position in index options. In the cash segment FII and DII combined are net buyers of Rs. 2735 Cr since 1st July 2016.
Since 1st July 2016, FII have bought Rs.7293 crores worth shares where as DII have sold shares worth Rs.4557 crores in the cash segment.
FII and DII combined have a net buy worth Rs. 2735 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 long position in index options. In the cash segment FII and DII combined are net buyers of Rs. 2735 Cr since 1st July 2016.
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
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
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