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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 Positive and
Europe - Asian Markets Mixed
Nikkei UP 395(+1.04%), Hang S. UP 360(+1.52%),
Taiwan UP 113(+0.52%), Kospi UP 49(+1.72%),
Shanghai down 0.96 (-0.03%), St.T UP 1 Points (+0.03)
GIFT Nifty UP 75 Points (25,173)
DOW Future Down 47Points
NASDAQ Futures Down 48Points
Brent Crude Down 0.05% and near $66.44/ bbl level.
Next US-China Meet on June-a In London.
Sharp Bound in Tesla & Nasdaq Aftet 152 Sell Off
Bond Yields Jump From 4.37 to 4.50 & Doller Index 98.74 to 99.16.
China's May retail inflation remains unchanged.
US Nonfarm Payrolls rose by 139K in May,
beating expectations of 130K but falling short
of April’s downwardly revised 147K
. While signs of a cooling labor market are evident,
overall conditions remain strong even as the economy slows.
The Unemployment Rate held steady at 4.2%, prompting
a repricing of rate expectations, with markets now
anticipating fewer than two Fed cuts by the end of 2025.
ECB officials reportedly expect rate cuts to be
paused at the July meeting, according to Bloomberg.
“Some officials see reductions in borrowing costs as
maybe already finished, while others still back
another move — probably in September, according to the people.”
Most Australian banks will be closed in observance of the King's Birthday.
Swiss, French and German banks will be closed in observance of Whit Monday.
All eyes on today events.....
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US Market Mix
Dow Jones down 53.48(-0.13%); NASDAQ UP 231 (+1.20%), S&P UP 61 (+1.03%)
European Market Mix
FTSE UP 26 (+0.30%) CAC UP 14 (+0.19%), DAX down 19 (-0.08%).
Asian Markets Mix
Domestic Events
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Dollar Index Down 0.14% at 98.83
Brent Crude down 0.05% and near $66.44/bbl levels,
Rupees UP 20Paisa to close at 85.64 against US$
Sector Watch
Bankinh,NBFC,Gold Finance,Metal,FMGC,Realty.
Sector Avoid
Paints,Cement,Telecom,Textile.
Indian Markets Trend
With Gap Up Start
Sharp Rally may Seen In near term.
Nifty expected to cross 25,100 and
Sensex to reach the 82,500 level.
A breakout above 25,100 would attract
fresh buying and short covering, with Fresh triggers.
Rate-sensitive sectors such as
Private Banks, Real Estate, Auto, Metals
could lead the market gain.
US delegation extends stay in India
All eyes on....
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Primary Markets
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