Pre Market Report
08-AUG-2022
° SGX NIFTY Is At 17400 (-23)
° NASDAQ Is At 12657 (-63)
° DOW JONES Is At 32803 (+76)
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° In NIFTY 17200PE and 17500CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 37500PE and 38000CE, 38200CE Has Huge Open Interest In Weekly.
° IN INDEX F&O, FIIs Are 55% Long And 45% Short.
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° Tomorrow is Holiday on the occasion of Moharram.
° Bharti Airtel, Adani Ports, Power Grid will be released today.
° SBI has reported lower than expected results, on Saturday.
° China’s export sector posts stronger than expected figures for July.
° 'Rehearsal for real operation': China performs 'island attack' during military drills near Taiwan.
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° FIIs are keep buying. DIIs are remain net sellers.
° DOLLAR INDEX is rising, is a NEGATIVE.
° ₹RUPEE is losing strength, is another NEGATIVE.
° Crude Oil prices are falling down, is a POSITIVE.
° US 10 YR & 02 YR BOND YIELD are significantly high from recent low.
° GOLD price is not rising further.
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° On Friday, US MARKETS had closed FLAT with MIX BIAS.
° EUROPEAN MARKETS had closed in slightly in RED.
° Currently, US FUTURES are trading FLAT with slightly NEGATIVE BIAS.
° ASIAN MARKETS are trading mostly in RED.
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° DATA WISE THINGS ARE NEGATIVE. GLOBAL CUES ARE MIX.
° FIIs are buying at every dip. Whereas DIIs are keep selling in small volume.
° FII's long positions in Index Options is higher than the short positions.
° Dollar Index is rising again and depreciation in ₹Rupee, will remain concern.
° US BOND YIELD are rising at a rapid pace, will also be a concern.
° Crude Oil prices are now significantly down from the high, will give more relief.
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° SGX NIFTY is indicating flat opening.
° BANK NIFTY is looking weaker than NIFTY. Early bounces will be selling opportunity.
° Markets are just ignoring the negativity. So, don't expect any significant big fall.
° Keep tracking the global markets and news flows along with the data.
