Market Recap
- Nifty Futures opened Gap Down, declined 120 points to Close at 16299
- Bank Nifty Futures opened Gap Down, declined 314 points to close at 34318
- India Vix closed at 22
- FII Sold for INR 3362 Cr.
- DII Bought for INR 3077 Cr.
- Volume Gainers : POWERGRID, HDFC and INFOSYS
- Volume Losers : ITC, AXIS BANK and SBI
Global Markets
- Dow Jones Futures Declined and is currently at 32130
- US VIX is at 33.8
- NASDAQ Futures Decline and is currently at 12187
- DAX Declined and is currently at 13314
- Nikkei Futures Declined and is currently at 25850
Commodity and Currency
- Gold Advanced and and is currently at 1854
- Crude Oil Declined and is currently at 104
- USD/INR Advanced and Closed at 77
- GBP/INR Advanced and Closed at 95
Nifty 50 Technicals
- Max Pain : 16400
- PCR : 0.59
- RSI : Bearish
- MACD : Bearish
- Moving Average : Bearish
- ATR : High Volatile
Bank Nifty Technicals
- Max Pain : 34500
- PCR : 0.59
- RSI : Bearish
- MACD : Bearish
- Moving Average : Bearish
- ATR : High Volatile
Stock Picks
- Bullish Stocks : Indus Towers Ltd, Glenmark Pharmaceuticals Ltd, TCS
- Bearish Stocks : Can Fin Homes Ltd, UPL Ltd, Larsen & Toubro Infotech Ltd
Summary
Global Market indicates Bearish Sentiment
Technicals Indicate Bearish Sentiment
Nifty may trade between 16200 - 16600
Bank Nifty may trade between 34000 - 34700
That’s all for today!
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