10th August Market Report

Daily Market Report:

The Indian Equity benchmark indices BSE Sensex and Nifty 50 ended in Positive Yesterday. BSE Sensex was up by 125.13 points to 54402.85and Nifty up by 20.05 points to 16258.25

Mahindra& Mahindra, Tech Mahindra, Axis Bank were the top Gainers.

In China, investors are pulling out money due to regulatory issues by the Chinese government.

China's export growth slowed in July and imports also losing momentum.

Investors are waiting for key data of U.S Inflation data and India Inflation data on Wednesday and Thursday respectively.

U.S. Jolts job openings data 10.073M vs Expected 9.281M

Results:

Today Results: Power Grid Corporation of India, Coal India Limited.

Open interest:

On open interest, Maximum put open interest was seen at 15000 followed by 16000. Maximum call open interest was seen at 16500 followed by 16300

Put Writing seen at 16000 followed by 16100

Call Writing seen at 16300 followed by 16200

India VIX Remains flat 0.0025 % from 12.61 to 12.65 on a day. Flat in VIX Shows bulls can provide fresh momentum in the market.

Participant wise open interest data of FII Shows put selling in the index is more than call selling. FII's were 67.45 % long in index future was increased. 

In Cash Market, FII's are net buyers 211.91 crores, and DII's are net sellers 716.15 are crores.

Options data suggests a trading range between 16100 to 16400.

Global Markets:

U.S Markets were Negative at the end of the Day.

Dow Jones industrial average down by 106.66 points or 0.30% at 35101.85

S&P 500 Index down by 4.17 points or 0.094% at 4432.35

Nasdaq Composite up by 24.42 points or 0.16% at 14860.18

European markets were ended in Flat at end of the day.

Asian Markets are Mixed right now IST 07.30

SGX Nifty trading 14 points Lower at 16258 IST 07.30

SGX Nifty indicates a Flat opening for Indian markets.