Wednesday 26 September 2018

SGX Nifty Indicates A Gap Up Opening For Sensex, Nifty, In-Line With Asian Peers

Posted by suhani varma on Wednesday, September 26, 2018 with No comments

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 26 Sep, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 26 Sep 2018
---------------------------------------------------------------------------------------------------------
SGX Nifty is currently trading 53 points up at 11176. For today, another volatile session can be seen with foreign selling continuing to be matched by local buying and financials under pressure.

In the previous session, Nifty had another weak start, which got quickly bought into and saw the index rally over 100 points at close. There was an intraday volatility due to expiry of derivative contracts on Thursday, which saw Nifty swing both ways. However, short covering in the last hour coupled with value buying saw the Nifty end above 11050.

Global markets: Asian indices opened in the red as profit booking before an important Federal Reserve meet saw the Japanese Nikkei trade with losses. The Japanese and US indices have been hitting fresh highs as money chases safe havens amid protection against the currency losses caused in most emerging markets. However, today, expect the Federal Reserve Chairman to sound dovish on rates going forward, which could give a boost to emerging markets’ stocks, bonds and currencies.

US markets: Dow Jones closed in the red for the second day running, as markets await Federal Reserve outcome tonight on rates and way forward. Oil rise sees energy stocks rally, while financials see profit booking as yields on 10 year hit 3.1%. The US dollar also sees weakness with emerging markets rallying across the board.

FII Data: In yesterday’s trading, the real strength was shown by DIIs who purchased positions worth 2284cr in the cash market, while FIIs sold 1231cr stock. In the derivative market, FIIs sold 793cr of Index futures and bought 605cr worth of Index options. In the Stock futures segment, FIIs bought 648cr worth of stock futures and bought 84cr stock options.

FII View: In the yesterday’s trading session, FII created marginal bearish positions, which are deduced by the fact that they created 4731 short contracts, while simultaneously reducing 704 long contracts in the Index Futures segment. They also created 8081 long contracts in Index Put options and 22052 short contracts in Index Call options segment. The net position also continues to remain on the short side, which is indicated by a long short ratio of 0.5x in Index Futures since the start of the September series.

FIIOI
(in000's)
% Chg% Chg
Since Expiry
Long/
Short Ratio
Long/Short
 Since Expiry
Index Long156(0)210.90.5
Index Short1703135
Index Call Long2716691.30.4
Index Call Short20812276
Index Put Long44221072.61.5
Index Put Short170(5)35

0 comments:

Post a Comment