NiftyFuture last close: 17782.65 (-0.1%)
Weakness in the market continued for the second straight day on February 7
NiftyFuture was opened 17840 and fell to 17703 again shot up to 17865
Finally NF was ended 17782.65 down 0.1%
Nifty 50 index slid 0.24 percent or 43.10 points to 17721.50
BSE Sensex declined 0.37 percent or 220.86 points to 60286.04
All eyes will be on RBI Policy at 10 am
The poll is RBI will hike the key policy rate by 25 basis points
Oil surges more than 3% as Fed’s Powell eases rate hike concerns
Brent crude was up $2.80 to settled $83.70/bbl
Today’s result stocks Shreecement, Adanipower, Awl, Escorts, NH and PEL
FIIs net sold 2559 crore while DIIs net bought 639 crore on Feb 7
Ambujacem are under F&O ban for Feb 8
Adaniports removed from the ban period list
US futures lower after cash markets ends in the green on Feb 7
Dow Jonnes was up 0.78%, Nasdaq added 1.90% and S&P500 gained 1.29%
USA VIX fell to 18
India VIX was sustained around 14
US Fed Powell says, May need to hike rates more than priced in if economy data calls for it
Alphabet rose ove 4% after company announces ChatGPT rival Chatbot Bard AI
US 10-year yield ramains firm at 3.65%
Gold prices rise to $1877/oz
Dollar index slipped from 104 to 103
Asian markets largely higher
Hangseng up 0.5% and Nikkei down 0.2%
SGXNifty indicates a gap up opening for the index
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Updated: 08.46 am / 08th Feb 2023
