Post Market Report
08-OCT-2021
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° FII SELL - 64Cr. | DII SELL - 168Cr.
° INDIA VIX Closed At 15.65
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° Market Opened GAP UP, Gave A Dip And Started Moving Higher Just After The Announcement RBI's Credit Policy.
° As RBI Kept Key Rates Unchanged & Maintained Status Quo On Its Accommodative Stance.
° But BANK NIFTY Has Failed To Sustain The Higher Levels.
° Due To Depreciation In ₹Rupee, Rising Crude Oil Prices & Dollar Index Is Likely To Put Pressure On Banks.
° RIL Has Outperformed Today To Push The NIFYYTU Higher.
° PSU BANK Index Has Saved BANK NIFTY From Closing In RED.
° MID CAP Index Is Up By 0.45%
SMALL CAP Index Is Up By 2.02%
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° DOLLAR INDEX Is Slightly Cooled Off Slightly But Still Above $94 Is Not Good.
° ₹Rupee Is Inching Towards ₹95 And Brent Oil Prices Have Breached $83 Is Not A Good Set Up For Our Markets.
° US 10 YR BOND Yield Also Rising And Higher Bond Yields Is Always Bad For Emerging Markets.
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° Currently US Markets Are Trading Flat Reacting To The NonFarm Payroll Data.
° After Disappointing 194K Jobs Added, However Unemployment Rate Falls To 4.8% Compared To 5.2% In August.
° US Market Is Also Under Pressure Due To Rise In BOND YIELDS, Rise In Gas & Oil Prcies & Disruption In Supply Chain.
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° Asian Markets Were Mostly GREEN.
° European Markets Are FLAT.
° US Market Are FLAT.
° US 10 YR. Bond Yields At 1.607%
° USD/INR Is At ₹74.91
° BRENT OIL Is At $83.26
