Daily Market Report:
The Equity Indian benchmark indices BSE Sensex and Nifty 50 fell after the global sell-off. Bse Sensex was down by 586.66 points at 52.553 and Nifty down by 171 points at 15752.40.
NTPC was the top gainer by 2.02 % at 121.50.
Bank Nifty fell by 672 points or 1.88% at 35079.20
HDFC Bank fell after results came in Saturday by 3.28% and closed at 1472.40.
U.S 10 year Treasury yield fell to 5 months low at 1.179%. Negative for Market.
U.S Treasury yield is the main investor's sentiment, if it falls there is more demand for buying Treasury bonds, which Means investors looking for safe options.
Global markets are under selling pressure as rising COVID-19 cases due to the Delta variant cast fresh doubts over the global economic recovery.
HCL Results (Q1):
Net profit rise by 9% at 3213 crores for the quarter ended June 30, 2021, For the same period a year-ago profit was 2931 crore.
The company declared an interim dividend of Rs. 6 per share
The company said revenue is expected to grow in double digits in constant currency for FY22.
Shiv Nadar steps down as HCL Tech MD, and C Vijayakumar takes over.
Results:
Today Results Bajaj Finance, Asian Paints
Open interest:
On open interest, Maximum put open interest was seen at 15000 followed by 15500
Maximum call open interest was seen at 16000 followed by 15800
Put Writing seen at 15400 and 15500
Call Writing seen at 15800 and 15700
India VIX up by 8.33 % percent from 11.70 to 12.68 level. A spike in VIX but overall VIX level is low shows buying interests for investors in the market.
Participant wise open interest data of FII Shows Call selling in the index is more than Put selling.
FII's are 60 % long in index future was decreased compared to yesterday's 68 %
FII's are net sellers - 2198.71 crores, and DII's are net buyers are 1047.66 crores.
Options data suggests a trading range between 15500 to 16000.
Global Markets:
U.S Markets Ended in red on Monday ( 19/07/2021).
Dow Jones industrial average down by 725 points or 2.09 % at 33962.04
S&P 500 Index down by 1.59 % or 68 points at 4258.49
Nasdaq Composite down by 1.06 % or 152 points at 14274.98
European markets Ended in Red.
Asian Markets are Trading in Red right now IST 07.30
SGX Nifty trading 23 points lower at 15718 IST 07.30
SGX Nifty indicates a Flat to Negative opening for Indian markets
