Pre Market Report
01-AUG-2022
° SGX NIFTY Is At 17249 (+18)
° NASDAQ Is At 12390 (+288)
° DOW JONES Is At 32845 (+315)
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° In NIFTY 17000PE and 17300CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 37000PE and 38000CE Has Huge Open Interest In Weekly.
° IN INDEX F&O, FIIs Are 61% Long And 39% Short.
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° ITC, UPL, ESCORT, ALKYLAMINE will be declaring the results today.
° Monthly Auto sales data will also be released today.
° M&M Scorpio-N gets 1lac bookings in 30mon, grosses 18k cr.
° India pharma sector exports rises 8% to $6.26bn in 1st quarter.
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° FDI Inflow Into India Was Highest-Ever At Rs 6.31 Lakh Crore.
° RBI MONETARY POLICY meeting will be held between 3-5 August.
° Eurozone GDP in Q2 up by 0.7%
° UK braces for biggest hike in interest rates in 27 years: Report
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° FIIs are continue to be net buyers. DIIs are selling in small volume.
° DOLLAR INDEX is falling down, is a POSITIVE.
° ₹RUPEE is also appreciating, is BIG POSITIVE.
° CRUDE OIL prices are remain on the lower side, is a POSITIVE.
° US 10 YR & 02 YR BOND YIELD are cooling off.
° GOLD price is slowly moving higher.
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° On Friday, US MARKETS had closed in GREEN.
° EUROPEAN MARKETS had also closed in GREEN.
° Currently, US FUTURES are trading FLAT with slightly NEGATIVE BIAS.
° ASIAN MARKETS are also trading in RED.
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° DATA WISE THINGS ARE BETTER. GLOBAL CUES ARE SLIGHTLY NEGATIVE.
° FIIs have turned into net buyers now. DIIs are selling but in very small volume.
° Dollar Index is falling, ₹Rupee is gaining strength and Crude Oil prices still in the comfort zone of the market. All these will continue to give relief.
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° SGX NIFTY is indicating gap up opening but do not chase the gap up.
° Downside will remain limited and Dips will continue to be buying opportunity
° NIFTY had run up significantly on friday. So, be cautious in NIFTY at higher levels.
° Keep tracking the global markets and news flows along with the data.
