14th October Market Report

Daily Market Report:

The Indian Equity benchmark indices BSE Sensex and Nifty 50 were closed positive at the end of the day. BSE Sensex was up by 452.74 points to 60737.05 and Nifty was up by 169.80 points to 18161.75

Tata Motors, Tata consumers, ITC were the top gainers.

Nifty has touched a new all-time high today on the back of optimism due to continued improvement in economic activities

India looks at close to double-digit growth this year

Indian realty attracts $3.3 billion PE investments, 49% of the entire 2020, in Jan-Sept

Vodafone, Aditya Birla Group may invest $400 million into Vodafone Idea

Shriram Housing Fin gets Rs.300 crore equity capital from parent firm

RBI issues small finance bank license to Centrum and BharatPe combine

Infosys Q2 results: Consolidated PAT rises 4.3% QoQ, beats estimate; co to pay Rs.15 dividend

US Inflation rises 5.4% from a year ago, matching a 13-year high

Today Results:

HCL Technologies

Open Interest:

On open interest, Maximum put open interest was seen at 17500 followed by 17000. Maximum call open interest was seen at 18000 followed by 18500

Put Writing seen at 18200 followed by 18000

Call Writing seen at 18200 followed by 18100

India VIX up by 1.59 % from 15.85 to 16.10 level.

Vix has to cool down below 15-14 levels to ensure a smooth ride for the market.

Participant wise open interest data of FII Shows put selling in the index is more than call selling. FII's were 63.44 % long in index future was increased compared to the previous day.

In Cash Market, FII's are net buyers 937.31 crores, and DII's are net sellers 431.72 crores.

Options data suggests a trading range between 18000 to 18400.

Global Markets:

U.S Markets were closed mixed at the end of the Day 

Dow Jones industrial average was down by 0.53 points or 0.0015% to 34377.81 

S&P 500 Index was up by 13.15 points or 0.30% to 4363.80

Nasdaq Composite was up by 105.71 points or 0.73% to 14571.64

European markets were positive at the end of the day

Most of the Asian markets are trading positive right now 07.30 IST

SGX Nifty trading 86 points higher to 18266 07.30 IST

SGX Nifty indicates a positive opening for Indian markets.

Keep an eye on these Economic Data:

India Wholesale Price Index (WPI) Inflation YoY Data at 12.00 pm IST

U.S. Producer Price Index (PPI) MoM Data after Indian Market Hours

U.S. Initial Jobless Claims Data after Indian Market Hours