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Daily Derivative Report -BY YAGNESH PATEL
Derivative data | Market forecast for next day | Highest OI in stocks |Pivot levels for 5 stocks for next day
Global Events
US, Europe and Asian
All markets in GREEN ZONE
Nikkei UP 488 (+1.37%), Hang S. UP 234 (+1.07%),
Taiwan UP 472 (+2.42%), Kospi UP 17 (+0.70%),
Shanghai UP 1 (+0.03%), St.T down 8 Points (-0.23)
GIFT Nifty UP 109 Points (24,482)
DOW Future down 61 Points
NASDAQ Futures UP 52 Points
Brent Crude UP 0.27% and near $66.73/ bbl level
Dollar Index near 100 level
10 Year US Bond Yield slips to 4.37
US President Donald Trump said that his administration
was taling with China on trade. Meanwhile, China said
that no negotiations had been held on the economy
and trade, and it urged the US to lift all unilateral tariff
measures if it really wished to resolve the issue.
US Durable Goods came in at a whopping 10.4%,
beating the expected 2% and far up from 1%
previously which got revised down to 0.9%.
US Weekly Initial Jobless Claims come in higher
at 222000, beating the estimate of 221000 and
UP from 215000 previously.
CME FedWatch tool shows the chance of an interest
rate cut by the Federal Reserve in May's meeting
stands at 6.1% against 93.9% probability of no change.
ECB Policymakers and Finnish Central bank governor
Olli Rehn Said that the central bank should
not rule out a "larger interest rate cut"
New Zealand and Australian banks
will be closed in observance of Anzac Day.
Italian banks closed in observance of Liberation Day.
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All eyes on...
GBP : Retail Sales Data MoM
CAD : Retail Sales Data MoM
USD : Revised UoM Consumer Sentiment
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US Market Positive
Dow Jones UP 486 (+1.23%); NASDAQ UP 457 (+2.74%), S&P UP 108 (+2.03%)
European Market Positive
FTSE UP 4 (+0.05%) CAC UP 20 (+0.27%), DAX UP 102 (+0.47%).
Asian Markets Mix
Domestic Events
Dollar Index UP 0.25% at 99.62
Brent Crude UP 0.27% and near $66.73/bbl levels,
Rupees UP 17 Paisa to close at 85.26 against US$
Sector Watch
Bank, Pharma, Defence, Cement, Energy,
Telecom, Chemical, Railway, Insurance
Sector Avoid
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Indian Markets Trend
Markets likely to bounce back with
Gap-up start in near term
Nifty-50 may cross 24,400 and Sensex 80,200 levels
Overall recovery to continue during the session
Result related stocks to remain in focus
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All eyes on....
Q4FY 25 Resuits :
Atul, Aurum Porp.Tech, Cholamandalm Invest, DCB Bank,
Jayawal Neco, L&T Finance, Maruti Suzuki, Mah. Holiday,
Oracle Fin., Poonawalla Fincorp., RBL Bank, Shriram Fin.,
Tata Techno, VST Industries, Zensar Techno, etc.
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