MARKET TODAY:
US Market
Nasdaq = -259.78
Dow Jones = -730.05
European
Ftse 100 = +12.16
Cac 40 = -8.94
Dax = -88.48
Asian
Nikkei 225 = -307.43
Straits Times = -12.39
Hang Seng = -187.54
Taiwan weighted = -64.81
Kospi = -20.76
SGX Nifty = 10265(-75)
On 26th June
Fii sells 753.18 crore stocks
Dii buys 1304.18 crore stocks
Good News :
1. Nifty not yet has broken the support level of 10200 and 10000, tension start only after nifty break supports
Bad News:
1. Corona Infected person list reach above 1 Crore 2 Lakhs
2. More than 504000 person died in the world due to corona
3. In India, corona infected person list cross 5 Lakh 50 Thousand
4. Now avg daily corona cases coming is 19000
5. International flights suspend till 15 July
6. India China border tension increase
7. 40k new cases come yesterday in America, expected to come 2nd wave of corona
Stock News:
1. Dcb Bank plan to raise 1000 crore
2. Radhakrishna Damani buys 1.25% stake in Andhra Paper
3. Dovetail India acquire 0.6% stake in Eveready
4. Nifty lot size will be 25 from July series
5. Carlyle picks 20% in Piramal pharma segment
6. S&P change rating of Axis Bank and Bajaj Finance into Junk Category
7. S&P reduce the rating of PFC and Manappuram from BB+ to B
8. Hdfc Bank going to raise 13000 crore
My View:
There might be a Bullish pattern till Nifty holds 10200. IT stocks will go upside. Be very careful today, if Nifty breaks 10,200 then there might be a huge fall.