Indian Market Outlook: Yesterday, Nifty Spot opened at 8262 and made a high of 8294 and closed at 8288. The Small cap index maintained its strength and made new high of 6193 and closed at 6185. Bank Nifty maintained its breakout and made a high of 18441 and closed at 18409.
Important support for Nifty Cash is 8223 which is is 3 day low for the Index.
Market to take cue from US elect president Doland Trump's news conference today, traders are speculating that he may discuss on tax policies, fiscal spending, international trade and currencies.
Nifty Future is opening at 8327 as per SGX Nifty at 8:50 am IST, 30 points above its previous close of 8296.
FII Activity for the year 2016-17
| Month | FII Activity |
| January | -14356.01 |
| February | -12513.1 |
| March | 24201.51 |
| April | 3056.28 |
| May | -186.61 |
| June | 3957.95 |
| July | 10121.56 |
| August | 8778.01 |
| September | 3329.62 |
| October | -5355.76 |
| November | -19981.5 |
| December | -11325.03 |
| January 2017 | -2250.25 |
The net FII's figure in cash market continues to be negative in Jan 2017, amounting to Rs. 2250.25 Cr, after heavy Nov & Dec Selling figure, which was Rs. 19981.5 Cr and 11325.03 Cr respectively.
Open Interest Index F&O and Cash Segment Activity
In Cash segment, last trading day, FII have sold shares worth Rs.21.20 Cr and DII bought shares worth Rs.253.36 Cr. A combined buy of Rs.232.16 Cr. For this expiry, FII and DII together are net sell worth Rs. 140 Cr.
In Index Options, last trading day, FII have bought 8773 contracts, above its post Demonetization average of 8577 contracts. Pro have bought 29634 contracts, above its post Demonetization average of 26619 contracts. Combined there has been a net buy of 38407 contracts, above its post Demonetization average of 31662 contracts. For the current expiry, FII and Pro combined are net buyers of 121960 contracts.
In Index Futures, last trading day, FII have sold 3102 contracts, below its post Demonetization average of 3577 contracts. Pro have sold 1896 contracts, below its post Demonetization average of 4177 contracts. Combined there has been a net sell of 4998 contracts below its post Demonetization average of 5200 contracts. For the current expiry, FII and Pro combined are net buyers of 23497 contracts.
International Market Morning Update:
S&P500, closed at 2261 with a quiet session ahead of corporate earnings next week and Donald Trump's speech today.
German Index Dax is trading in a narrow range of 125 points in the last 5 trading sessions and yesterday it closed at a range low of 11575.
MSCI Emerging market Index is trading with huge positive bias above its breakout level 879.69 and currently trading at 888.
Data as on 10th January 2017. The % change is taken from previous day's close.
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.
No comments:
Post a Comment