23rd July Market Report


Daily Market Report:
The Equity Indian benchmark indices BSE Sensex and Nifty 50 rises. Bse Sensex was up by 638.70 points at 52,837.21 and Nifty up by 191.90 points at 15824

The Nifty index again trading between a wider range of 15450 - 15915 for the past 3 days.

JSW Steel was the top gainer by 5.87% at 722

In Indian securities market Retail investors participants increased. 2.45 Million Demat accounts opened per month during April - June.

Eurozone Interest Rate Decision: Base interest rate unchanged at 0.00%.

U.S weekly jobless claims increased at 419k vs Expected 350k

Hindustan Unilever Results (Q1):
Consolidated Net Sales up by 13.63% YoY at Rs.12,194 crore
Quarterly Net profit up by 10.48 % at Rs.2097 crore

Results:
Today Results. Reliance Industries, JSW Steel, Ambuja Cements

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 16500
Put Writing seen at 15800 and 15700
Call Writing seen at 16000 and 16500
India VIX Down by 10 % percent from 13.20 to 11.88 level. Fall inVIX level shows buying interests for investors in the market.
Participant wise open interest data of FII Shows Put selling in the index is more than Call selling.
FII's are 57 % long in index future was increased compared to yesterday's 51 %
FII's are net sellers - 247 crores, and DII's are net buyers are 942.55 crores.
Options data suggests a trading range between 15700 to16000

Global Markets:
U.S Markets were positive at the end of the day.
Dow Jones industrial average up by 25 points or 0.073% at 34823.35
S&P 500 Index up by 8.79 points or 0.20% at 4367.48
Nasdaq Composite up by 52 points or 0.36% at 14684.60
European markets were ended Mixed.
Asian Markets are Trading Positive right now IST 07.30
SGX Nifty trading 20 points higher at 15834 IST 07.30
SGX Nifty indicates a Flat opening for Indian markets

Keep an eye on these Economic Data:
U.K Retail Sales Data at 11.30 IST
U.K Manufacturing PMI Data at 14.00 IST
U.K Services PMI Data at 14.00 IST


Kundan Kishore
Curator of " A Complete Course on Indian Stock Market "