Pre Market Report
20-JAN-2022
° SGX NIFTY Is At 18927 (-50)
° NASDAQ Is At 14340 (-166)
° DOW JONES Is At 35028 (-339)
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° In NIFTY 17800PE And 18000CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 37500PE And 38500CE Has Huge Open Interest In Weekly.
° IN INDEX F&O, FIIs Are 60% Long And 40% Short.
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° TODAY IS WEEKLY EXPIRY.
° Today, US Will Release Initial Jobless Claim Data.
° BAJAJ FINSERV, ASIAN PAINTS & HUL Will Declare The Results Results Today.
° Tomorrow, RIL Will Declare The Results.
° Yesterday, BAJAJ AUTO Has Posted Better Than Expected Results. But Net Profit Falls 22% Y-O-Y.
° Yesterday, INDIA Has Reported More Than 3lac Cases.
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° FII & DII Are Continue To Be Net Sellers. It Will Haunt Our Market If This Trend Continues.
° DOLLAR INDEX Is Rising. So, We Have To Keep An Eye On It.
° ₹RUPEE Seems To Be Doing Fine As Long As It's Not Breaching ₹75.
° CRUDE OIL Prices Are Continue To Be On The Higher Side.
° US 10 YR BOND YIELD Is Also Too High For Emerging Markets & Growth Stocks.
° GOLD Price Is Also Rising At A Rapid Pace Is Concerning.
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° Yesterday, US MARKETS Have Failed To Recover And Falls Further.
° Fear Of Rising Inflation Is Clearly Factoring In Into The Prices.
° And Also Market Is Expecting More Than 25 Basis Point Increase In INTEREST RATES.
° EUROPEAN MARKETS Have Closed With Slightly Positive Bias.
° Currently, US FUTURES Are Trading FLAT With Positive Bias.
° Most Of The Asian Markets Are Trading In GREEN.
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° Yesterday, INDIA Has Reported More Than 3lac COVID Cases Is Concerning As A Number.
° But There Is No Talk Of Nation Wide Lockdown Or Any Severity And Panic. So, Market Will Easily Digest It.
° DATA Wise Things Are Not Encouraging. GLOBAL Cues Are Also Doesn't Seems To Be Too Good As Well.
° So, Upside Will Limited Again And Higher Levels Will Continue To See Selling Pressure.
° However, Keep An Eye On DATA Like ₹RUPEE, DOLLAR INDEX, CRUDE OIL, US 10 YR BOND YIELD.
° And Also The US FUTURES, ASIAN MARKETS & Opening Of EUROPEAN MARKETS Will Also Be Important.
