Derivative Report Daily Outlook 08 June Equity Research Lab
Derivative Report Daily Outlook 08 June Equity Research Lab
Derivative Report Daily Outlook 08 June Equity Research Lab
NIFTY FUTURE:Sensex rallied 232 points to close above 27,000, Nifty settled at 8,266.
Nifty ended higheron TuesdayafterReserve Bank of India maintained
status quo on key rates, but said it would remain accommodative as it
keeps watch on inflation after it climbed unexpectedly in April.Brokers
said RBIs decision to keep key interest rate unchanged was largely in line
with investor expectations and did not have much immediate positive
impact. Nifty Bank index touched 18,000 after Minister of State for
Finance Jayant Sinha said that the government will examine the capital
requirements of various public sector banks (PSBs) for the current fiscal
to meet credit growth and NPA provisioning.
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Technical
views:Nifty future closed
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R1: 8324
R2: 8366
R3:8413
Pivot:8277
S1: 8235
S2: 8188
S3:8146
BANK NIFTY FUTURE :Bank nifty open gap up in the morning trading session. And shown
consolidation movement trend over the full market hours and
closed at 17893.40. Bank nifty showing consolidation phase on daily
chart ,bank nifty may be trade in the range of 17500-17800 in next
contract. SBI BANK (+5.66%) and ICICI BANK (+4.35%) is the top
gainers in bank nifty future.
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R1: 18008
S1: 17719
R2: 18122
S2: 17545
R3:18296
S3:17431
The
USD/
IndianINR:rupee opened higher by 6 paise at 66.90per dollar on
Tuesday against previous close of66.96.The USD weakened markedly
after the dismal non-farm payrolls report for May, thereby reducing the
chances of near-term rate hikes in US substantially. The RBI is widely
expected to maintain status quo in rates in its policy statement today,
although some more liquidity easing measures can be expected. The
USD-INR pair has appreciated past 67/dollar, in tandem with global
dollar weakness
USDINR STRATEGY
R1 67.03
R2 67.09
S1 66.81
S2 66.65
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EUROPEAN MARKET:-
Name
Asian
ASIAN
MARKET:markets finished broadly higher today with
Name
shares in
Nikkei 225
Hong Kong leading the region. The Hang Seng is up
Straits Times
1.42%
while Japan's Nikkei 225 is up 0.58% and China's
Hang Seng
Shanghai
Taiwan Weighte
Composite is up 0.07%.
d
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Change
% Chg
11.13
0.18
52.48
1.17
166.60
1.62
Chang
e
% Chg
95.42
0.57
16.81
0.59
298.02
1.40
82.79
0.95
FII/DII ACTIVITY:
BUY
No. of
contracts
SELL
Amt in Crores
No. of
contracts
Amt in Crores
No. of
contracts
Amt in Crores
INDEX FUTURES
32383
1933.48
28238
1676.32
294271
17961.97
357825
20510.02
352734
20165.06
973052
59821.54
100836
5016.22
105398
5349.46
1063769
52739.48
54765
2682.06
56789
2792.74
82828
4324.90
INDEX OPTIONS
STOCK FUTURES
STOCK OPTIONS
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