25th August Market Report

Daily Market Report:

The Indian Equity benchmark indices BSE Sensex and Nifty 50 ended positive at the end of the day. BSE Sensex was up by 403.19 points to 55,958.98 and Nifty was up by 128.15 points to 16,624.60

Bajaj finserv, Hindalco, Adani ports were the top gainers.

Positive global cues and expectations of positive economic growth rallied the market.

Infosys becomes 4th Indian company to touch $100 billion market cap.

India considers allowing foreign direct investment in LIC

India has received the highest ever FDI inflow in 2020-21.

According to Cushman and Wakefield's 2021 Global Manufacturing Risk Index, India has surpassed the US as the world's second most desired manufacturing hub.

U.S New home sales data at 708 k vs Expected 700 k

Open interest:

On open interest, Maximum put open interest was seen at 16500 followed by 16400. Maximum call open interest was seen at 16800 followed by 17000.

Put Writing seen at 16600 followed by 16500.

Call Writing seen at 16800 followed by 16750.

India VIX down by 3.64 % from 13.68 to 13.19 on a day. Overall Lower volatility indicates that bulls are Holding the Market.

Participant wise open interest data of FII Shows put selling in the index is more than call selling. FII's were 65.26 % long in index future was increased compared to the previous day

In Cash Market, FII's are net sellers 1644.91 crores, and DII's are net buyers 2380.05 crores.

Options data suggests a trading range between 16400 to 16800.

Global Markets:

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

Dow Jones industrial average was up by 30.55 points or 0.086% at 35366.26

S&P 500 Index was up by 6.70 points or 0.15% at 4486.23 

Nasdaq Composite was up by 77.15 points or 0.52% at 15019.80

European markets were closed flat at the end of the day

Asian Markets are trading Positive right now 07.30 IST

SGX Nifty trading 78 points Higher at 16697.50  07.30 IST

SGX Nifty indicates a Positive opening for Indian markets.

Keep an eye on these Economic Data:

U.S. Core Durable Goods Orders data after Indian market hours