Friday 14 December 2018

SGX Nifty Indicating A Negative Opening For The Market In-Line With Asian Peers

Posted by suhani varma on Friday, December 14, 2018 with No comments

Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 14 Dec 2018, 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 14 Dec 2018
--------------------------------------------------------------------------------------------------------

SGX Nifty is at 10,778, down 48 points. For today, we expect morning profit booking as weak global cues dominate the headlines.

Yesterday, Nifty saw another strong day of gains as stronger than expected IIP (index of industrial production) numbers coupled with lower than expected inflation saw foreign investors also turn buyers. This came in after the new Reserve Bank of India Governor sounded 'dovish" in his meeting with heads of PSU banks.

Global markets: Asian indices opened in the red taking cues form global indices as the Japanese Nikkei traded in the red after having a stellar week of gains. With weekend blues seeing traders go light, expect consolidation with a negative bias for today in the Asian region. Ease in trade tariffs has seen sentiment get better, however regular bouts of profit booking will keep the markets in check.

US markets: Dow Jones closes in the green after volatile session with Nasdaq ending with losses. European central bank leaves rates unchanged but signals official end to bond buying, which sees European stocks end in the red. Oil prices retreat after seeing marginal uptick as markets continue to be over supplied.

FII/DII Data: In yesterday’s trading session FIIs purchased 675cr stock in the cash market whereas DIIs sold 51cr worth of stock. In the derivative market, FIIs purchased 2395cr of Index futures and bought 3273cr worth of Index options. In the Stock futures segment, FII’s sold 95cr worth of stock futures and bought 259cr stock options.

FII View: FIIs created bullish positions in Index Futures in yesterday’s trading session which is deduced by the fact that they created 17,372 fresh long contracts while simultaneously reducing 15,155 short contracts in the segment. However considering the volatility in the markets they also purchased 10329 long contracts in Index Put Options to hedge their positions.
 FIIOI
(in000's)
% Chg% Chg
Since Expiry
Long/
Short Ratio
Long/Short
 Since Expiry
Index Long16612190.90.9
Index Short183(8)39
Index Call Long240(4)252.40.8
Index Call Short100257
Index Put Long3473382.30.9
Index Put Short148(14)47

0 comments:

Post a Comment