NiftyFuture last close 17909.25
Nifty spot last close: 17871.70 (+0.8%)
On Wednesday, Bulls was dominated our markets on Feb 8
NF was opened 17802 and went to 17940. Finally ended 17909
Sensex jumped 378 points to 60664
While Nifty50 added 150 points to 17872
Adani group of stocks was seen huge rally and Adanient locked 25%
Icicibank and Hdfcbank did well
VIX ended around 13.60
US VIX added 5% to settled around 19.60
Today’s result stocks Hindalco, Hpcl, Lic, Lupin, Zomato, Auropharma, MRF and Voltas
FIIs net sold 736 crore while DIIs net bought 941 crore
Adani plans to prepay $500 million loan to banking group
Fitch raises growth forecast to 5% for 2023
Ibullhsgfin and Ambujacem are under F&O ban for Feb 9
US future higher after a close in the red cash market
US markets ended lower on Feb 8. Nasdaq down 1.65% and Dow declines 0.6%
Alphabet slides 8% after its new chatbot Bard shared inaccurate information in online Ad
Disney cuts 7000 jobs
US 10-year yield falls slightly 3.61%
Brent crude rises to $84/bbl
US crude inventory rise for seventh straight week
Gold prices fall to $1875/oz
Dollar index sustains above 103
Asian markets mixed opening in early trade
SGXNifty indicates a flat opening for the index
As per OI, 17800PE and 17700PE was seen highest OI
On CE sides, 18000CE was seen huge OI
However, NiftyFuture is facing a intraday resistance 17920 and 17950
If stays above 17950 will try to move 18000
On other side, NF can be considered as supports as 17880, 17860 and 17820
Below 17820 finding a next support 17750
Updated: 08.50 am / 09th Feb 2023