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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 Markets higher, Europe Markets Positive and
Asian Markets trade with mix trend
Nikkei UP 32 (+0.08%), Hang S. down 230 (-0.96%),
Taiwan down 119 (-0.53%), Kospi down 54 (-1.75%),
Shanghai UP 8 (+0.24%), St.T down 12 Points (-0.31)
GIFT Nifty UP 13 Points (25,522)
DOW Future down 84 Points
NASDAQ Futures down 45 Points
Brent Crude down 0.09% and near at 68.58/bbl
Do Jones on 5 Month High
S&P - NASDAQ again on recored high levels
Brent Crude makes at 68 on US Tariff uncertainity,
Awaited hike in OPEC Outcome
Trump's BIg - Beautiful bill clear by US House
US 10 Year Bond Yield rises to 4.34
US banks will be closed in
Observance of Independence Day
Markets had anticipated that the Nonfarm payrolls
report would show a gain of 110K jobs in June,
following an increase of 144K the previous month.
However, the actual headline figure came in
stronger than expected at 147K.
US Weekly, jobless claims edged lower, helping to
ease concerns about the strength of the US labor
market - diminishing the likelihood of a rate cut in July.
Atlanta Federal Reserve President Raphael Bostic
said that he favors a wait-and-see stance to monetary
policy due to uncertainty over economic policy.
With the July 9 deadline approaching, the US is
pushing key alies - including Japan, South Korea
and the European Union - to finalize trade agreeents
or face steep new tariffs, reportedly as
high as 50% on certain imports.
BoJ Takata signals rate hike pause is temporary,
says Japan is near 2% inflation goal
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All eyes on Major events
11.30 a.m. : German Factory Orders MoM
2.00 p.m. : Construction PMI
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World Markets.....
US Market Positive
Dow Jones UP 344 (+0.77%); NASDAQ UP 207 (+1.02%), S&P UP 51 (+0.83%)
European Market Positive
FTSE UP 48 (+0.55%), CAC UP 16 (+0.21%), DAX UP 144 (+0.61%).
Asian Markets Mix
Domestic Events
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Dollar Index UP 0.08% at 97.02
Brent Crude down 0.09% and near $68.58/bbl levels,
Rupees UP 40 Paisa to close at 85.31 against US$
Sector Watch
Defence, IT, Pharma, Hospital,
FMCG, PSU Banking
Sector Avoid
--
Indian Markets Trend
With Muted Start
Markets to remain range bound in near term
Overall Markets may reamin cautious ahead of
Tariff decission and selling pressure from FII
Keep stock specific approach
---
All eyes on....
Primary Markets
Crizac Ltd. IPO Subscribed 2.89 on Day 2
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Listing today...
(1) Neetu Yoshi BSE SME IPO
(2) Adcounty Media BSE SME IPO
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