Pre Market Report
17-AUG-2022
° SGX NIFTY Is At 17903 (+47)
° NASDAQ Is At 13102 (-25)
° DOW JONES Is At 34152 (+239)
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° In NIFTY 17700PE to 17500PE and 17800CE, 18000CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 39000PE and 39500CE Has Huge Open Interest In Weekly.
° IN INDEX F&O, FIIs Are 59% Long And 41% Short.
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° US FED MINUTES will be announced today.
° SBI opens first ever branch dedicated to startups in bengaluru.
° India's wholesale inflation in July 2022 eases to 13.93%, lowest in 5 months.
° Mahanagar Gas cuts prices of CNG by 6 rupees per kg, PNG by 4 rupees.
° Dow, S&P 500 climb as upbeat results from Walmart, others boost optimism.
° Biden admin asks China not to 'overreact' to US lawmakers' peaceful visit to Taiwan
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° FII's buying is continue. DIIs are remain net sellers.
° DOLLAR INDEX is slightly down from the yesterday's high.
° ₹RUPEE is continue to appreciate, is BIG POSITIVE.
° Crude Oil prices are falling further, is another POSITIVE.
° US 10 YR & 02 YR BOND YIELD are stabilizing at higher levels.
° GOLD price is not rising further.
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° Yesterday, US MARKETS had closed with MIX BIAS.
° EUROPEAN MARKETS had closed in GREEN.
° Currently, US FUTURES are trading FLAT with MIX BIAS.
° ASIAN MARKETS are also trading FLAT with MIX BIAS.
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° DATA WISE THINGS ARE SLIGHTLY BETTER. GLOBAL CUES ARE POSITIVE.
° FII's continuous buying is helping our market in sustaining the higher levels. Whereas DIIs are selling in very small volume.
° Dollar Index is slightly down, ₹Rupee is appreciating and falling Crude Oil prices are relief for our economy.
° No Major developments has happened in China-Taiwan issue.
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° SGX NIFTY is indicating slight gap up opening.
° Our market is still firm and bullish, but there's a technical correction is due. So, be cautious at higher levels.
° If market breaks & sustains above yesterday's high then further up move will come.
° If market breaks yesterday's low then it can fall but fall is expected to be small.
