Indian equities to open on a flat note ahead of April F&O expiry
SGX Nifty is currently trading in the red down 15 points at 10,552.
Indian equities could witness a volatile trading session as expiry day settlements could weigh in. Wipro to remain under selling pressure on account of lower than expected quarterly earnings.
Global markets
Major Asian markets are trading mixed, Nikkei is up 0.6%, Hang Seng is down 0.4% while the Shanghai Composite is trading 0.49% lower.
US Markets: Markets erased opening loses as an expectation of optimistic earning season offset rising bond-yield fears.
The Dow Jones rose 0.25% to 24,084 while the Nasdaq continued to end in the red for the fifth day in a row, shedding 0.05% to close at 7,004.
European markets ended lower with FTSE closing 0.62% lower, CAC was down 0.57% while the DAX ended 1.03% lower.
FII Data:
In yesterdays’ trading session, FII’s sold 305 crores stock in the cash market whereas DII’s bought 436 crores worth of stock.
In the derivative market, FII’s bought 163 crores of Index futures and bought 237 crores worth of Index options.
In the Stock futures segment, FII’s bought 319 crores worth of stock futures and bought 63 crores worth of stock options.
STOCK TRADING TIPS
Indian equities could witness a volatile trading session as expiry day settlements could weigh in. Wipro to remain under selling pressure on account of lower than expected quarterly earnings.
Global markets
Major Asian markets are trading mixed, Nikkei is up 0.6%, Hang Seng is down 0.4% while the Shanghai Composite is trading 0.49% lower.
US Markets: Markets erased opening loses as an expectation of optimistic earning season offset rising bond-yield fears.
The Dow Jones rose 0.25% to 24,084 while the Nasdaq continued to end in the red for the fifth day in a row, shedding 0.05% to close at 7,004.
European markets ended lower with FTSE closing 0.62% lower, CAC was down 0.57% while the DAX ended 1.03% lower.
FII Data:
In yesterdays’ trading session, FII’s sold 305 crores stock in the cash market whereas DII’s bought 436 crores worth of stock.
In the derivative market, FII’s bought 163 crores of Index futures and bought 237 crores worth of Index options.
In the Stock futures segment, FII’s bought 319 crores worth of stock futures and bought 63 crores worth of stock options.
STOCK TRADING TIPS
| Support / Resistance: Intraday Nifty: 10565 | |
| S1 – 10500 | S2-10450 |
| R1- 10600 | R2 -10630 |
| Support / Resistance: Intraday Bank Nifty: 25126 | |
| S1 – 24700 | S2-24500 |
| R1 - 25000 | R2 -25200 |
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