NiftyFuture last close: 15932.55 (-0.3%)
What a thirsty Thursday!!
NiftyFuture was opened gap up around 50-75 points
But, unable to sustained the opening gain and dropped more than 200 points from day’s high
NiftyFuture was opened 15980 and went to 16079 then slipped to 15860
Finally ended at 15932.55, like recovered almost 70 points from day’s low
Sensex was down 98 points, or 0.18 percent, at 53,416.15
Nifty was down 28 points, or 0.18 percent, at 15,938.70
IT and PSU bank indices fell 1-2 percent
The oil & gas index rose 1.6 percent and power gained a percent
Midcap and Smallcap index ended around flat note
Today result stocks Jindalstel, Federalbank and LTTS
On tomorrow (16 July) Hdfcbank and Icici prudential will be declaring their earnings report
India bonds will suffer most in Asia in a US recession scenaria
FIIs net bought 309 crore while DIIs net sold 556 crore
Trade deficit rises to record $26.1 billion in June as imports surge up 172% YoY
China GDP data to show sharp slowdown in Q2
CHINESE GDP YOY ACTUAL 0.4% (FORECAST 1.2%, PREVIOUS 4.8%)
Fed hawks say they want 75 basis point rate hike in July
Deltacorp under the F&O ban list for July 15
US markets ended marginal loss on 15 July
Dow fell 142 points and Nasdaq ended flat note
JPMorgan and Morgan Stanly reported slumping profits and warned of impending economic slowdown
Asian markets were set to mixed opening for Friday early trade
NiftyFuture is facing a intraday resistance 15970 and 16000
If breaks and manages above 16000 will try to move 16050-16075
On other side, NF can be considered as supports as 15900 and 15860
Below 15860, finding a next support around 15810
Updated: 08.53 am / 15th July 2022
