Friday 15 February 2019

SGX Nifty Indicates A Flat Opening For The Indian Markets

Posted by suhani varma on Friday, February 15, 2019 with No comments



Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 15 Feb  2019, 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 15 Feb 2019

--------------------------------------------------------------------------------------------------------'

SGX Nifty is at 10,797, up 4 points. Nifty saw another day of consolidation with mid-caps seeing short covering and value buying. The Nifty ended in red as OMCs put pressure on the downside amid rising crude and selected IT heavyweights also saw profit booking. Yes Bank moved up over 30% in a single day as short covering and value buying saw the RBI clearances on divergences give a new breath of the life to the stock.

Global Markets: Asian indices opened in the red led by profit booking in the Japanese Nikkei, which traded down by ~200 points. Asian stocks have seen a very robust week and would be prone to profit booking on the eve of the US-China trade talks. Delay in talks could see more profit booking in the South Korean markets, which is more dependent on the positive outcome of the same.

US Markets: US stocks see consolidation as weak retail numbers saw Dow Jones fall ~100 points. Bond yields hit 2.65% as retail numbers dampen sentiment with fixed income seeing huge inflows. Oil rises further as supply constraints and Venezuela sanctions could see a further uptick as the US supplies reach the summit.

FII/DII Data: In yesterday’s trading session FIIs sold 250cr stock in the cash market whereas DIIs bought Rs1225cr worth of stock. In the derivative market, FIIs sold 3600cr of Index futures and bought Rs2029cr worth of Index options. In the Stock futures segment, FIIs sold Rs499cr worth of stock futures and bought 325cr stock options.

FII View: FIIs created bearish positions in derivative segment which is deduced by the fact that they created 17,892 short contracts while simultaneously reducing 27,595 long contracts in the Index Futures segment. They also reduced 16612 short contracts in Index Put Options. The long-short ratio in Index Futures currently stands at 1.4x vs 1.8x

0 comments:

Post a Comment