Daily Market Report:
The Equity Indian benchmark indices BSE Sensex up by 0.76% or 397 points at 52769& and Nifty rose by 0.76% or 119 points at 15812.
The Nifty index trading between a wider range 15450 - 15915 was continued on the 18th day.
ICICI Bank was the top gainer by 2.75% up at 664.
Asian markets were positive after better than expected Chinese economic data.
U.S Consumer prices rose 5% year over year in May, the fastest pace since August 2008 and higher than Expected
U.S Core CPI surged 4.5% on a year-on-year basis, the largest increase since November 1991, after rising 3.8% in May.
Results:
Today Infosys June 2021Q1 Results. Profit after tax likely to grow 27-30%.
IPO:
Zomato IPO to open today at Rs. 72-76 per share
Open interest:
On open interest, Maximum put open interest seen at 15500 followed by 15000
Maximum call open interest was seen at 16000 followed by 15800
Put Writing seen at 15800 and 15000
Call Writing seen at 16200
India VIX Fell 2.85% from 12.99 to 12.62. A decline in the VIX gives stability to the market.
Participant wise open interest data of FII Shows put selling in the index is more than call selling
FII's are 70 % long in index future is increased when compared to yesterday's 58%
In the cash market, FII's are net buyers 113.83 crores, and DII's also net buyers 344.19 crores.
Options data suggests a trading range between 15600 to 16000.
Global Markets:
The three main indexes of the U.S market closed at Red after U.S consumer prices post the largest gain in 13 years, inflation has likely peaked.
Dow Jones industrial average down by 0.31 % at 34888
Nasdaq Composite down by 0.38% at 14677.65
S&P 500 Index down by 0.35 % at 4369.21
European Market ended in the red.
Most of the Asian markets are trading in Red now
SGX Nifty trading 40 points Lower at 15794 on 07.30 IST
SGX Nifty indicates a Flat to Negative opening for Indian markets
Keep an eye on these economic data:
The U.K. Consumer Price Index (CPI) YoY (Jun) at 11.30 IST
India Wholesale Price Index (WPI) Inflation YoY at 12.00 IST
European Industrial Production YoY (May) at 14.30 IST
