NiftyFuture last close: 16694.30
On Thursday, NiftyFuture was opened gap up almost 175 points and went to 16980
But, unable to sustained opening gain and erased all gains and ended flat note
NF was slipped more than 350 points from day’s high
Sensex ended flat with a marginal gain of 33.2 points or 0.06 percent at 55,702.23
Nifty closed the day with a minor gain of 5.05 points of 0.03 percent at 16,682.5
Nifty IT gaining the most by 2.07 % Metals and Auto indices gained 0.62 and 0.42%
Midcap lost 0.21% and BSE Smallcap declined 0.32%
Nifty Realty index was the biggest loser of the day as it tanked 1.62% with Pharma and Bank following behind
LIC IPO Day-2 : Employee 2.2 times, Policyholders 3 times
Retail 93%, QIP 40% Subscribed
Reliance will be declaring their earnings report on today 06th May 2022 post market hours
FIIS net sold 2074 crore while DIIS net bought 2229 crore
VIX declined 5% and ended around 19.50
England central bank raising 2022 inflation target to 10% from 5.75%
US Markets tumbles up to 5% with IT heavy Nasdaq slipping the most
Dow & S&P slide over 3% erase all the gains seen on Wednesday post FED meet
Dow down 1063 points while Nasdaq fell 647 points
Asian markets were set to gap down opening on Friday trade
SGXNifty indicates a gap down opening for the index and likely to witness heavy volatile will be expected during the day
However, NiftyFuture can be considered as supports as 16600, 16540 and 16500
Below 16500 will try to check 16360
Thereafter finding a next support around 16250
No need to write today’s resistance levels!!
Updated: 08.34 am / 06th May 2022
