22nd July Market Report


Daily Market Report:
The Equity Indian benchmark indices BSE Sensex and Nifty 50 fell on Tuesday ( 20/7/2021). Bse Sensex was down by 354.89 points at 52198.51 and Nifty down by 120.30 points at 15632.10.
The Nifty index again trading between a wider range of 15450 - 15915 for the past 2 days.
Asian Paints, Ultratech Cement, Hindustan Unilever, Maruti, and Grasim were the top gainers.
Global Markets are recovering from two days fall.
Quarterly Results of main companies in the U.S are positive

Bajaj Finance Results (Q1):
Consolidated Net Profit Increased 4% to 1002 Crore in the quarter ended June 2021, For the same period, a year-ago profit was 962 Crore.
Net profit lower than expected 1357 crore
Lockdown hit Business and Bad Loans Increased.

Results:
Today Results. Hindustan Unilever, UltraTech Cement, Bajaj Auto

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 15600 and 15200
Call Writing seen at 15700 and 15800
India VIX up by 4.14 % percent from 12.68 to 13.20 level. A spike in VIX because of profit booking 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 51 % long in index future was decreased compared to yesterday's 60 %
FII's long positions in index futures were decreasing in the past one week
FII's on Tuesday ( July 20 ) are net sellers - 2834.96 crores, and DII's are net buyers are 873.14 crores.
Options data suggests a trading range between 15500 to 15800.

Today Weekly Expiry:
Maximum call open interest was seen at 15800 in weekly options
Maximum put open interest was seen at 15500 in weekly options

Global Markets:
U.S Markets were positive at the end of the day.
Dow Jones industrial average up by 286 points or 0.83 % at 34798
S&P 500 Index up by 0.82 % or 35 points at 4358.69
Nasdaq Composite up by 0.92 % or 133 points at 14631.95
European markets were Ended in positive.
Asian Markets are Trading Positive right now IST 07.30
SGX Nifty trading 120 points higher at 15730 IST 07.30
SGX Nifty indicates a Positive opening for Indian markets

Keep an eye on these Economic Data:
European Central Bank Monetary policy statement Data after Indian Market hours
Eurozone Interest Rate Decision Data after Indian Market hours
The U.S. Initial Jobless Claims Data after Indian Market hours

Kundan Kishore

Curator of " A Complete Course on Indian Stock Market "