Monday 31 December 2018

SGX Nifty Indicating A Positive Opening In Line With Global Peers

Posted by suhani varma on Monday, December 31, 2018 with No comments



Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 31 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 31 Dec 2018
--------------------------------------------------------------------------------------------------------

SGX Nifty is at 10,965, up 45 points. For today, expect NAV propping on select mutual fund favorite stocks, as Nifty attempts to hit 11000. Mid caps could see better action as investors bet on earnings cycle upgrade in 2019.

Last week, Nifty saw another strong end on Friday after seeing US stocks rebound. The strength in the rupee coupled with falling yields all saw foreign investors return as buyers in November & December.

Global markets: Asian indices could see a bounce this Monday as President Trump tweets positive dialogue with President Xi, which could bode well for US/China talks in early 2019. US$ weakness could also see more action to buy Asian equities as valuations are at the lowest in almost 2 years given room for earnings upside.

US markets: US stocks see highest volatility this December as markets set to end 2018 on a weak note. Bond yields close near lows @ 2.71% as does Brent crude @US$ 53, with sharp sell-off from recent October highs @ 3.2% & US$86.

FII/DII Data: In Friday’s trading session FII’s sold 119cr stock in the cash market whereas DII’s bought 1199cr worth of stock. In the derivative market, FII’s bought 632cr of Index futures and bought 2595cr worth of Index options. In the Stock futures segment, FII’s bought 825cr worth of stock futures and bought 296cr stock options.

FII View: FIIs created bullish positions in derivative segment in first trading session of the Jan series which is deduced by the fact that they created 6249 long contracts in Index Futures while simultaneously creating 14262 long contracts in Index Call Options. The long-short ratio in Index Futures currently stands at 1.1x
 FIIOI
(in000's)
% Chg% Chg
Since Expiry
Long/
Short Ratio
Long/Short
 Since Expiry
Index Long154441.11.1
Index Short144(1)(1)
Index Call Long14711114.51.1
Index Call Short32(2)(2)
Index Put Long25313133.81.0
Index Put Short671010

0 comments:

Post a Comment