Pre Market Report
10-MAY-2022
° SGX NIFTY Is At 16211 (-80)
° NASDAQ Is At 11623 (-521)
° DOW JONES Is At 32242 (-653)
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° In NIFTY 16200PE and 16500CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 34000PE and 34500CE Has Huge Open Interest In Weekly.
° IN INDEX F&O, FIIs Are 23% Long And 77% Short.
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° Today, ASIAN PAINTS, CIPLA, MRF, POLY CAB will declare the results.
° Tomorrow, US INFLATION DATA will be released.
° LIC IPO: Total subscription at 2.95 times on final day, Retail Investors portion booked 1.99 times, Employees 4.39 times, Policyholders 6.11 times.
° China tightens lockdown to hit zero-Covid goal by late may.
° RUSSIA-UKRAINE war still continues without any negotiations.
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° FIIs are keep on selling. And DIIs are buying equally.
° DOLLAR INDEX remains very high, is a NEGATIVE.
° ₹RUPEE is failing to recover, is another NEGATIVE.
° CRUDE OIL prices are significantly down from yesterday's high, is a POSITIVE.
° US 10 YR & 02 YR BOND YIELD are also down slightly but still remains on the higher side.
° GOLD prices are continue to fall down, is a good sign for equity markets.
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° Yesterday, US MARKETS have fallen more and closes in DEEP RED.
° EUROPEAN MARKETS have also closed in DEEP RED.
° Currently, US FUTURES are trading slightly in GREEN.
° ASIAN MARKETS are also trading in RED.
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° DATA WISE THINGS ARE STILL ON THE NEGATIVE SIDE. GLOBAL CUES ARE ALSO NEGATIVE.
° DIIs are buying at lower levels. But FIIs are using the bounces to sell.
° Depreciation of ₹Rupee & Rising Dollar Index is indicating that FIIs are moving the money out from INDIA.
° All the asset class crypto, gold, metal, stocks are falling due to the fear of rising inflation.
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° SGX NIFTY is indicating gap down opening. But do not chase the gap down.
° We may see bounce back at the opening. But higher levels will remain limited.
° Keep tracking the global markets and news flows along with the data.
All About Indices - 9149490