NiftyFuture last close: 16148.15 (+1)
On Thursday, NiftyFuture was seen strong consolidation with positive bias
NF was opened gap up at 16110 and seen swing was around 16050 to 16150 in whole day
Sensex rallied 427 points to 54,178
Nifty50 jumped more than 140 points to 16,133
Midcap 100 and Smallcap 100 indices rising more than 1.3 percent each on strong breadth
Nifty Bank (up 1.7 percent), Realty (up 2.6 percent), Consumer Durables (up 2.6 percent)
Metal (up 3.8 percent) being the biggest gainers of July 7
Oil dips as investors torn by tight supply worries and recession fears
Brent crude fell 0.4% to settled at $104.30
Tcs will be declaring their earnings report on 08 July
FIIs net sold 925 crore while DIIS net bought 980 crore
Indian cryptocurrency exchanges lost over 75% monthly trading volums in last six months
US Future marginally lower following a rally in the cash market
US markets ended higher with all the frontline indices rising 1% to 2.5%
IT stocks outperformed with Tech heavy weight Nasdaq closing 2.3% higher
Boris Johnson resigned as Prime Minister of the United Kingdom
Former Japanese Prime Minister Shinzo Abe lost consciousness and was bleeding after being shot in chest
Gold prices rise to $1745/oz
Bitcoin rises above $22000
Asian markets higher in early trade
HangSeng up 1% and Japan’s Nikkei up 1.4%
SGXNifty indicating a higher opening for the index
SGXNifty indicates a positive opening for the index
NiftyFuture is facing a intraday resistance 16175 and 16220
If breaks and manages above 16220 will try to move 16280
On flip side, NF can be considered as supports as 16110, 16080 and 16020
Updated: 08.44 am / 08th July 2022
