NiftyFuture last close: 15696.70
Indian equity market broken its four week winning streak this week and settled marginal losses
Global cues was triggered bullish sentiment on last week
The Nifty50 fell 116 points or 0.73% to end at 15684 while the Sensex was shed 130 points to close at 52344
Fresh record high was Nifty at 15901 and Sensex at 52869
Midcap index fell more than 3%, Smallcap index shed 2%, Metal index dropped 6.5% and Realty, Psu bank index fell around 4% in the week ended 18th June 2021
FIIs bought Rs 1060 crore value of stocks while DIIs sold 488 crore in the last week
So far in June month FIIs bought Rs 5848 crore while DIIs sold 2293 crore
On last week many important date came-out likes CPI and WPI inflation which was rose to 6.3% and 12.94%. On global side FED signaled two rate hike before 2023
Oil prices went up-normally the followed news was not comfort for stock market
Today following company will be declaring earnings report Naukri, and Oil India
FIIs net bought 2680 crore while DIIs net bought 446 crore in cash segment
Four stocks under F&O ban, Bhel, PNB, Suntv and Adaniports
US stocks ended sharply lower on Friday. Dow and S&P500 posting their worst weekly performances in June month after comments from FED to hike rate before 2023
Dow Jones fell 533 points, Nasdaq down 130 points and S&P 500 lost 55 points
SGXNifty indicate a gap down opening for the index and likely to witness highly volatile will be expected during the day
NiftyFuture trend decider for June 4th week at 15800 and 15450
Today NiftyFuture can be considered as supports as 15580, 15525 and 15465
If breaks and sustains below Friday’s low 15465, expecting further weakness up to 15400
NF is facing a intraday resistance 15625, 15660 and 15700
Stay caution at higher levels!!
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Updated: 08.32 am / 21st June 2021
