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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, Asian Markets Mix and
European Markets Negative
Nikkei UP 285 (+0.77%), Hang S. UP 86 (+0.37%),
Taiwan down 25 (-0.12%), Kospi UP 3 (+0.13%),
Shanghai down 0.07 (-0.00%), St.T down 7 Points (-0.20)
GIFT Nifty UP 32 Points (24,685)
DOW Future UP 42 Points
NASDAQ Futures down 4 Points
Brent Crude down 1% and near $63.96/ bbl level
The US House of Representatives narrowly approved
President Donald Trump's tax bill by a single vote,
intensifying fears over the country's rising debt burden.
The US S&P Global Manufacturing PMI flash in May
improved from 50.2 to 52.3, exceeding estimates 50.1
US Initial Jobless Claims for the week ending May 17
rose by 227K, down from the prior week 229K and
below forecasts of 230K,
Indicating the labor market remains solid.
Fed Governor Christopher Waller said that
markets are monitoring fiscal policy.
He added that if tariffs are close to 10%
the economy would be in good shape for H2
Data from the Chicago Board of Trade suggests
that traders are pricing in 50.5 bps of
easing towards the end of the year.
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All eyes on today events.....
GBP : Retail Sales Data MoM
CAD : Retail Sales Data MoM
USD : FOMC Member Musalem, Schmid and Cook Speaks
USD : New Home Sales Data
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US Market Mix
Dow Jones down 1 (-0.00%); NASDAQ UP 53 (+0.28%), S&P down 2 (-0.04%)
European Market Negative
FTSE down 47 (-0.54%) CAC down 46 (-0.58%), DAX down 123 (-0.58%).
Asian Markets Mix
Domestic Events
Dollar Index down 0.30% at 99.66
Brent Crude down 0.74% and near $63.96/bbl levels,
Rupees down 36 Paisa to close at 85.99 against US$
Sector Watch
Auto, Retail, Metal, OMCs, Liquor, Auto Ancillaries,
Tyres, Paints, Capital Goods, Defence
Sector Avoid
Banking, Retail, Cement, NBFC
Indian Markets Trend
Markets likely to open flat to positive note and
Remain range bound in near term
Overall Markets to remain volatile during the session
Selected & Result related stocks to remain in focus
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All eyes on....
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Q4FY 25 results (Today)
JSW Steel, Ashok Leyland, Linde India,
Balkrishna Ind., Glenmark, Narayan Hru.,
AIA Engg., Timken, Devyani, Afcon, BEML,
Azad Engg., Finolex Ind., Reliance Infra,
Anupam, GNFC, Ashoka Buildcon, Lux Ind.,
WPIL, Share India, Gopal Snacks, Camline Fine,
Prakash Industries, West Coast Paper, PSP Projects,
Pix Trans., TTK HC, One Point, Faze Three, etc.
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Primary Markets
Borana Weaves IPO Subscribed 147.85 on final day
Belrise Idustries IPO Subscribed 3.06 on Day 2
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