NiftyFuture last close: 16364.80 (-0.4%)
On Wednesday, NiftyFuture was seen highly volatile with negative bias
NiftyFuture was opened 16470 and slipped to 16310 then shot up to 16548 and then slipped again to 16330
NF was bounced almost 250 points from day’s low to high then slipped 250 points from day’s high to low
RBI expectedly raised the repo rate by 50 bps to 4.9 percent
Sensex was down 214.85 points, or 0.39 percent, at 54,892.49
Nifty declined 60.1 points, or 0.37 percent, at 16,356.25
Reliance declined around 2.5% and contributed 60 points to drop the Nifty
Nifty real estate index gained the most and closed 1.89 percent higher
FMCG index was the worst hit by inflation worries and was down 1.05 percent
FIIs net sold 2484 crore while DIIs net bought 1904 crore
Deltacorp are under F&O ban for June 9
Oil jumps to 13 week high at $123.58 per parrel on rising US demand
India sugar exports at record 8.6 million tonne till May this year : ISMA
Yellan says inflation to stay high, Biden likely to up forecast
US markets ended lower on Wednesday
Dow down 269 points, S&P500 fell 45 points and Nasdaq dropped 89 points
Asian markets were set to mixed trend on Thursday’s early trade
Gold prices rose above $1850/oz
SGXNifty trades lower, Indicates a start with in the red for the Indian market
Today’s NiftyFuture intraday supports and resistance levels will be sent to my clients only as well as my 2k package clients
Updated: 08.50 am / 09th June 2022
