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Daily Derivative Report -BY YAGNESH PATEL
Derivative data | Market forecast for next day | Highest OI in stocks |Pivot levels for 5 stocks for next day
Global Events
US Markets Closed yesterday
European & Asian Markets Mixed
Nikkei down 91 (-0.24%), Hang S. UP 72 (+0.31%),
Taiwan down 131 (-1.61%), Kospi down 10 (-0.40%),
Shanghai down 4 (-0.13%), St.T UP 1 Points (+0.013)
GIFT Nifty down 27 Points (25,022)
DOW Future UP 347 Points
NASDAQ Futures UP 199 Points
Brent Crude down 0.02% at $64.51/ bbl level
10 Year US Bond Yield slightly weak and at 4.49
Dollar Index slide 1% and at 98.85
ECB Officials have expressed optimism that
inflationary pressures could return to the 2%
target this year, due to which traders have remained
increasingly confident that the central bank will
cut interest rates again in June's meeting.
The tax bill from President Trump is on its way
to be voted on in the senate, and
will add extra pressure on the US debt.
Speculative traders remained bearish on the
US Dollar but trimmed their positioning to
$12.4 billion in the week ending May 20 from
$16.5 billion in week prior, according to CFTC data
Minneapolis Fed President Neel Kashkari said
uncertainty is top of mind for the Fed and
US businesses. He said the September meeting is
open for anything adding that the
US central bank is in wait and see mode.
On the trade front, the United States is set to send
a high - level trade delegation to India in the
coming weeks, aiming to seal a
long - awaited interim trade agreement.
India is seeking a full exemption from the additional
26% duties the US imposed earlier this year,
particularly to shield its labor-intensive export
sectors such as textiles, leather and Jewelry.
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All eyes on today events.....
USD : Durable Goods Orders MoM
USD : CB Consumer Confidence
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US Market Negative
Dow Jones down 256 (-0.61%); NASDAQ down 188 (-1.00%), S&P down 39 (-0.67%)
European Market Mix
FTSE down 21 (-0.24%) CAC UP 93 (+1.21%), DAX UP 398 (+1.68%).
Asian Markets Mix
Domestic Events
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Dollar Index down 0.26% at 98.85
Brent Crude down 0.02% and near $64.51/bbl levels,
Rupees UP 13 Paisa to close at 85.09 against US$
Sector Watch
Exchange Related, Metal, Auto, Pharma, Property,
FMCG, Cement, Consumer Durable, Realty
Sector Avoid
Cement, Infra, AC Related Stocks
Indian Markets Trend
With falt to negative opening,
Markets to remain range bound in near term
Overall Markets to consolidate during the session
Selected & Result related stocks to remain in focus
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All eyes on....
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Q4FY 25 results (Today)
LIC India, BOSCH, Info Edge, Bharat Dynamic,
NMDC, P&G, Gujarat Flouro, ITI, Hind. Copper,
EID Parry, Minda Corp., MedPlus, NMDC,
JK Lakshmi Cement, TTK Prestige, Triveni Engg.,
RCF, Time Techno, Balck Box, Esab India, Sensera,
V2 Retail, Rattanindia, Supriya, Unimech, Sky Gold,
Diamond Power, Sunflag Iron, Gateway Distripark,
Prime Foucs, JTL, Tasty Bite, Seamec, Monarch Net.,
Afcon Holding, Precision Camshaft, Simplex Infra, etc.
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Primary Markets
Borana Weaves Listing today
Belrise Idustries IPO Subscribed 43.14 on final day
Aegis Vopak IPO subscribed 0.27x on Day 1
Leela Hotels IPO Subscribed 0.07x on Day 1
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