Market Recap
Nifty Futures opened gap down, Advanced 28 points to Close at 17,713.
Bank Nifty Futures opened gap down, Advanced 134 points to close at 39,078.
India Vix closed at 17.6 (-4.07%)
FII Bought for INR 3,040 Cr.
DII Sold for INR 839 Cr.
Volume Gainers: TATA STEEL, ONGC, and NTPC
Volume Losers: INFOSYS, WIPRO, and HCL
Global Markets
Dow Jones Advanced and is currently at 33,830
US VIX is at 19.9 (+2.15%)
NASDAQ Futures Advanced and is currently at 13,657
DAX Advanced and is currently at 13,840
Nikkei Futures Declined and is currently at 28,780
Commodity and Currency
Gold Declined and is currently at 1,777
Brent Crude Advanced and is currently at 95.9
USD/INR is Flat at 79.5
GBP/INR Declined and is currently at 95.7
Nifty 50 Technicals
Max Pain: 17,600
PCR: 1.01
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Bank Nifty Technicals
Max Pain: 38,900
PCR: 1.20
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Stock Picks
Bullish Stocks: MFSL, MGL, and BHARAT FORGE
Bearish Stocks: IPCA LAB, DIVIS LAB, and HDFC AMC
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,500 - 17,800
Bank Nifty may trade between 38,400 - 39,300
That’s all for today!
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