Indian Market Outlook: Nifty Futures Traded in a small range of 54 points on Friday, it opened at 8189 which was also the high and fell by 54 points to make a low of 8135 to finally close at 8145. The holiday season for the New Year and Christmas has already set in which might result in a more or less muted market movements. However, the MSCI Emerging Markets Index, a good reflection of the Emerging markets pack, is trading below its previous week's low of 855. This is a sign of prevailing weakness in the markets. Nifty too is expected to trade slightly negative in the days to come in a range of 8076 on the downside and 8294 on the upside.
Nifty Future is opening at 8119 as per SGX Nifty at 8:30 am IST, 21 points below its previous close of 8145.
FII Activity for the year 2016
| Month | Rs Cr |
| Jan | -14356 |
| Feb | -12513.1 |
| Mar | 24201.51 |
| Apr | 3056.28 |
| May | -186.61 |
| Jun | 3957.95 |
| Jul | 10121.56 |
| Aug | 8778.01 |
| Sep | 3329.62 |
| Oct | -5355.76 |
| Nov | -19981.5 |
| Dec | -3265.89 |
The net FII's figure in cash market has turned negative amounting to Rs.3265.89 Cr, after heavy Nov Selling figure, which was Rs. 19981.5 Cr
Open Interest Index F&O and Cash Segment Activity
In Cash segment, last trading day, FII have sold shares worth Rs.90 Cr and DII bought shares worth Rs.30 Cr. A combined sell of Rs. 60 Cr. For this expiry, FII and DII together are net sell worth Rs. 2690 Cr.
In Index Options, last trading day, FII have sold 12998 contracts, above its post Demonetization average of 8577 contracts. Pro have sold 27946 contracts, above its post Demonetization average of 26619 contracts. Combined there has been a net sell of 40944 contracts, above its post Demonetization average of 31662 contracts. For the current expiry, FII and Pro combined are net buyers of 33244 contracts.
In Index Futures, last trading day, FII have sold 8480 contracts, above its post Demonetization average of 3577 contracts. Pro have bought 5833 contracts, above its post Demonetization average of 4177 contracts. Combined there has been a net sell of 2647 contracts below its post Demonetization average of 5200 contracts. For the current expiry, FII and Pro combined are net buyers of 13298 contracts.
International Market Morning Update:
Today morning, Asian markets are trading with slight negative bias with MSCI emerging markets index trading 0.25% down.
American Index, S&P500 after making a new high of 2278 is trading at 2258. It is expected to trade in a range of 2278 to 2248. Any major directional move could be expected once it breaches this range.
German Dax continues to display extraordinary strength as it made a new high of 11453 for the current year.
| Index | Country | 1D % Change | |
| Developed Markets | |||
| America | S AND P 500 INDEX | US | 0.12 |
| DJIA INDEX | US | 0.08 | |
| Europe | DAX INDEX | Germany | 0.57 |
| EURO STOXX 50 INDEX | Eurozone | 0.55 | |
| CAC 40 INDEX | Paris | 0.44 | |
| FTSE 100 INDEX | London | 0.11 | |
| Asia | NIKKEI 225 INDEX | Japan | 0.66 |
| ASX 200 INDEX | Australia | -0.102 | |
| Emerging Markets | |||
| America | BOVESPA INDEX | Brazil | -0.01 |
| Asia | JAKARTA COMPOSITE INDEX | Jakarta | -0.432 |
| HANG SENG INDEX | China | -0.18 | |
| SET INDEX | Thailand | 0.19 | |
| PHILIPPINE STOCK INDEX | Philippine | -0.07 | |
| KOSPI INDEX | Korea | 0.42 | |
| STRAITS TIMES INDEX | Singapore | 0.24 | |
DISCLAIMER:
Research Team - Tel: 033-30010001, write to us at clientsupport@dynamiclevels.com to give feedback. Website:www.dynamiclevels.com
1. 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
2. Past performance is not an indicator of future returns.
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