Pre Market Report
29-SEP-2022
° SGX NIFTY Is At 17032 (+143)
° NASDAQ Is At 11051 (+222)
° DOW JONES Is At 29683 (+548)
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° In NIFTY 16700PE, 16800PE and 17000CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 37500PE and 38200CE, 38500CE Has Huge Open Interest In Weekly.
° IN INDEX F&O, FIIs Are 50% Long And 51% Short.
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° TODAY IS MONTHLY EXPIRY.
° RBI will announce the interest rate hike decision tomorrow.
° Indian refiners pay dollars for Russian oil after dirham attempts fail
° Adani Group Controlled Ambuja Cements Pledges 50% Share in ACC as Collateral for Loans
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° Bank of England to buy U.K. government bonds to stabilise financial markets
° World Bank's Malpass sees risk of stagflation, likely recession in Europe
° NATO calls Nord Stream leaks acts of sabotage
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° FIIs are remain net sellers. Whereas DIIs are continue to be net buyers.
° DOLLAR INDEX is cooling off from recent high, is a POSITIVE.
° ₹RUPEE is also gaining strength, is another POSITIVE.
° Crude Oil prices are remain on the lower side, is a POSITIVE.
° US 10 YR & 02 YR BOND YIELD are on the higher side.
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° Yesterday, US MARKETS had closed significantly higher in GREEN.
° EUROPEAN MARKETS had closed FLAT with slightly POSITIVE BIAS.
° Currently, US FUTURES are trading FLAT with slightly NEGATIVE BIAS.
° ASIAN MARKETS are trading in GREEN.
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° DATA WISE THINGS ARE SLIGHTLY BETTER. GLOBAL CUES ARE POSITIVE.
° SGX NIFTY is indicating gap up opening.
° If Market sustains the gap up then short covering can push the market higher.
° So, Early dips will be buying opportunity but be cautious at higher levels.
° Keep tracking the global markets along with the data and expect a volatile session.
