F&O stock watch: Shares of Mahindra & Mahindra and Shriram Finance face up to 15 per cent downside risk; whereas, Manappuram Finance and Sun Tv can potentially gain up to 13 per cent.
US June CPI will be out tonight, and consensus is looking for a 0.2 percent monthly rise and 3.4 per cent annual gains in the crucial monthly core CPI reading.
All you need to know before market opens on Thursday: The S&P 500 crossed 5,600-mark, Asian shares rallied up to 1% this morning; FIIs pared long holdings in index futures; Ambey Labs to list
Experts believe the market fall seems to be part of routine profit-taking given the sharp 3,000-point rally in the Nifty 50 index post Lok Sabha election outcome.
All you need to know before the Indian stock market opens for trade on Thursday: The FIIs long-short ratio in index futures rose to 5:1; meaning more than 5 long positions for every short trade.
RSI Oscillator is sloping upwards and placed above 60 on the daily and weekly chart, suggesting strength in the current up move, says HDFC Securities
All you need to know before the market opens on Thursday, June 27: The Nifty is likely to swing to F&O expiry cues. FIIs net index long-short ratio crosses 2-mark; retail investors up short positions.
Trade set-up for Wednesday, June 26: Analysts believe that trading activity at 23,700 Nifty Strike shall set the market trend; support seen at 23,670 and 23,600. FIIs continue to add long positions
The Nifty PCR data suggests that the index may attempt a rally towards 23,700 level ahead of the June series expiry; On the downside, strong support is expected around 23,350 - 23,290.
In the derivatives segment, stocks such as India Cement, GMR Infra, Chambal Fertilizers seem to have witnessed long unwinding in recent trading sessions owing to the sharp rally in share prices.
F&O stock outlook: Technical charts suggest that OFSS and Indian Energy Exchange can rally up to 19 per cent; here are the key support and resistance levels.
New-age stocks such as PolicyBazaar, Nykaa and Delhivery too may be included in the F&O segment as Sebi proposes key changes in stock selection.
In the last four days, one out of every 3 futures & options stocks has gained more than 10 per cent as the Nifty surged 6.3 per cent in the post Lok Sabha 2024 verdict cheer.
Aditya Birla Fashion, AU Small Finance Bank, Metropolis, Marico and TVS Motor have seen steady rise in stock price, backed by rise in open interest, thus indicating long buildup at these counters in t
All you need to know before the market opens on Wednesday, June 05: Gift Nifty quotes around 22,050 levels; FIIs increase index short positions to 87.25%; Global market trade on a mixed note.
FIIs index futures long-short ratio plummeted to 0.15 on May 03, as against 0.98 a day earlier in the F&O segment. In cash market, net monthly sales rose to Rs 43,800 cr, the highest since June 2022.
Retail index long positions as on May 27, 2024 - five days ahead of vote counting - stood at 3.13 lakh contacts, as compared to 1.92 lakh contracts and 1.99 lakh contracts during such earlier periods
May F&O expiry strategy: In general, stocks with high Open Interest based Put Call Ratio (PCR) tend to trade with a positive bias or find strong support in case of dips.
F&O stock update for May expiry: Page Industries, Concor, Dixon, Metropolis, Crompton Greaves and Zydus Life have seen notable long buildup in recent days. Here's a short-term outlook on the stocks.
All you need to know before the market opens on Thursday: Gift Nifty hints tepid start; IT stocks likely to be in focus post Nvidia earnings; ITC, IndiGo also to report March quarter results today.