Market Recap
Nifty Futures opened gap up, Declined 17 points to Close at 16,605
Bank Nifty Futures opened gap up, Declined 329 points to close at 35,369
India Vix closed at 19.97 (-1.70%)
FII Sold for INR 3,770 Cr.
DII Bought for INR 2,360 Cr.
Volume Gainers : POWER GRID, WIPRO, and RELIANCE
Volume Losers : NTPC, TATA MOTORS, and AXIS BANK
Global Markets
Dow Jones Futures Advanced and is currently at 32,960
US VIX is at 24.79 (+0.28%)
NASDAQ Futures Advanced and is currently at 12,596
DAX Advanced and is currently at 14,509
Nikkei Futures is flat at 27,720
Commodity and Currency
Gold Advanced and is currently at 1,853
Brent Crude Declined and is currently at 122.5
USD/INR Declined and is currently at 77.5
GBP/INR Declined and is currently at 96.9
Nifty 50 Technicals
Max Pain : 16,600
PCR : 1.22
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,500
PCR : No Data
RSI : Neutral
MACD : Bullish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : WIPRO, M&M FINANCE, IBULHSGFIN
Bearish Stocks : IDFC, RBL BANK, BANK of BARODA
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 16,400 - 16,800
Bank Nifty may trade between 34,900 - 35,800
That’s all for today!
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