INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY FUT DEC SERIES AT 52310 RECO LONGS GIVEN AT 52175
Читать полностью…INTRADAY CALL UPDATE : EXIT POSITIONS IN NETWEBTECH AT 2777 SL HIT RECO LONGS GIVEN AT 2805
Читать полностью…CUES FOR TODAY
- Strong rebound on Day 1 of December series
- Reliance, L&T, Airtel, M&M and HUL led gains
- Midcaps & Nifty Bank gained less than Nifty
- Gift Nifty Suggests 25 Pts positive start
Key to Track
- Is soft GDP data for Q2, 5.4% growth, priced in?
- Could the RBI announce growth boosting measures on Dec 6?
Wall Street in a short session
Dow +0.4%
S&P +0.5%
Nasdaq +0.8%
- US 10Y Bond Yield slides to 4.21% lowest since October
Cash Market Flows
DII +5723 Cr
FII -4383 Cr
FIIs in Index Futures
- FIIs buy 218 Cr in Index Futures
- FII Long Exposure at 33%, Shorts at 67%
Nifty Levels
20 DMA at 23982, important support
24300-24350: Resistance Zone
Stocks in Focus
Auto Stocks:
Maruti, TVS Nov Sales Beat Estimates
Hero, Eicher & Hyundai Sales Miss Estimates
CIPLA:
Promoters May Sell Up To 1.72% Eq Via Block, Offer Price At 6% Disc To CMP
ASTER DM:
To Merge Blackstone-backed CARE Hosp With Itself
BIOCON:
Gets US FDA Nod For Biocon Biologics' Arthritis Drug YESINTEK
ORDER WINS:
- Cochin Shipyard: Bags 1000 Cr Contract From Defence Ministry
- RVNL: Lowest Bidder For a 643 Cr project
- KEC Intl: 1040 Cr For T&D Biz Orders for International Markets
GREAVES COTTON:
Board Approves IPO Of Greaves Electric Mobility Via Fresh Issue & OFS
HOME FIRST:
Promoters May Sell 14.70% Eq Via Blocks, Floor Price At 8% Disc To CMP
INTRADAY CALL UPDATE : EXIT POSITIONS IN BANKNIFTY CALL OPT 51900 24DEC AT 1010 SL HIT RECO LONGS GIVEN AT 1100
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY PUT OPT 52100 24DEC AT 855 RECO LONGS GIVEN AT 747
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN RELIANCE IND AT 1309 RECO LONGS GIVEN AT 1295
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 24100 5DEC SERIES AT 244 RECO LONGS GIVEN AT 200
Читать полностью…Things to watch this week 📰
-Market sentiment could be hit due to GDP shocker
Weak Q2 GDP growth at 5.4% vs expectation of 6.5%
GDP at 7 quarter low
however GDP data is back ended, and perhaps priced in to a large extent
-Upcoming RBI policy on December 6 is crucial
after weak GDP data, all eyes on whether RBI will cut rates
-street is not expecting a rate cut in this policy
-US markets close in the green in holiday shortened trade on friday
Dow jones up 200 points , S&P 500 up 0.5%
-Foreign selling reduced to 4383cr on Friday
DII buying of 5723cr seen on Friday
-Auto sales were a mixed bag in November
Maruti saw double digit 10.4% YoY growth
tractor maker escorts saw 9.4% YoY fall in sales
TVS motor sales up 10.2% YoY, above expectations
During today's proceedings in the Indian Parliament's Winter Session, Finance Minister Nirmala Sitharaman will present the Banking Laws Amendment Bill in the Lower House for consideration and passing, aimed at amending the Reserve Bank of India Act, 1934, and the Banking Regulation Act. Additionally, the Railways Amendment Bill 2024 is set to be discussed in the Lower House. In the Upper House, the bills scheduled for consideration include the Oil Fields Regulation and Development Amendment Bill 2024 and the BH Vahan 2024.
-: India considering to pass banking amendment bill in Dec session
INTRADAY CALL UPDATE : BOOK PROFITS IN MCDOWELL-N AT 1541 RECO LONGS GIVEN AT 1515
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 23950 05DEC SERIES AT 316 RECO LONGS GIVEN AT 277
Читать полностью…