3rd August Market Report


Daily Market Report:

The Indian Equity benchmark indices BSE Sensex and Nifty 50 ended Positive Yesterday. BSE Sensex was up by 363.79 points to 52,950.63 and Nifty up by 122.20 points to 15885.20.

The Nifty index trading between a wider range of 15450 - 15915 for the past 10 days.

Shree Cements, Titan Company was the top Gainers.

Nifty Trend Remains in sideways.

India's Manufacturing PMI Rises to three months high 55.3 in July 2021 as demand Improves.
HDFC Results ( Q1):

Net Profit fall of 1.6% at Rs. 3001 Crore compared to Rs. 3052 Crore in the same quarter last year.

Net Interest income (NII) Grows of 22% Year on year
Results:

Today Results: Bharti Airtel, Adani Ports
Open interest:

On open interest, Maximum put open interest was seen at 15000 followed by 15800

Maximum call open interest was seen at 16000 followed by 15800

Put Writing seen at 15000 followed by 15900

Call Writing seen at 15900 followed by 15800

India VIX Remains Flat at 12.80

Participant wise open interest data of FII Shows Call selling in the index is more than Put selling. FII's were 60.77 % long in index future was Decreased compared to Yesterday's 61.75%.

In Cash Market, FII's are net sellers - 1539.88 crores, and DII's are net buyers are 1505.82 crores.

Options data suggests a trading range between 15800 to 16000.
Global Markets:

U.S Markets were Mixed at the end of the Day.

Dow Jones industrial average Down by 97 points or 0.28 % at 34838.16

S&P 500 Index Down by 8 points or 0.18% at 4387.16 

Nasdaq Composite up by 8 points or 0.057% at 14681.07

European markets were ended in Green.

Asian Markets are Trading Mixed right now IST 07.30

SGX Nifty trading 40 points Lowe at 15870.50 IST 07.30

SGX Nifty indicates a Flat opening for Indian markets.

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