Pre Market Report
06-DEC-2021
° SGX NIFTY Is At 17256 (+20)
° NASDAQ Is At 15085 (-295)
° DOW JONES Is At 34580 (-59)
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° In NIFTY 17000PE And 17400CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 35500PE And 36500CE, 37000CE Has Huge Open Interest In Weekly.
° IN INDEX F&O, FIIs Are 68% Long And 32% Short.
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° COVID Omicron Variant Is Remains On The Headlines.
° INDIA Is Continue To Report More COVID Omicron Cases Is A Concern.
° And It's Reaction Will Definitely Be Reflected In The Market Today.
° Global Markets Are Also Falling Whenever COVID Related News Occurs.
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° RBI's MPC Meeting Is Starting Today And The Policy Will Be Released On Wednesday.
° So BANKING Stocks Will Be Naturally In Focus Today.
° WHO Has Said That COVID Omicron Variant Has Only Mild Symptoms But It Spreads Very Fast.
° By The End Of The Week We'll Get Very Clear Report About The COVID Omicron Variant.
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° FIIs Are Selling Everyday, And Expect Them To Sell More.
° DOLLAR INDEX Is Continue To Be On The Higher Side Is A Negative.
° ₹RUPEE Is Also Depreciating Is Negative.
° CRUDE OIL Prices Have Started Moving Higher But Still Below The Recent Highs Is A Positive.
° US 10 YR BOND YIELD Has Also Fallen Is A Positive.
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° On Friday, US JOBS DATA Came Very Disappointing.
° And US Markets Fell, However DOW JONES Did Well To Recover But NASDAQ Failed.
° Currently, US FUTURES Are Trading In Green. And DOW JONES Is Strong And NASDAQ Is Struggling To Move Higher.
° So, It Shows That Growth Stocks Are Hugely Under Pressure.
° ASIAN Markets Are Trading Either In Green Or Flat.
#MacroEconomy
