NiftyFuture last close: 16253.25 (+3.1%)
On Friday, NiftyFuture was bounced up to 3.1%
NF gained more than a points whatever lost on previous day
NF was opened 16000 and gradually went to 16275. Finally ended at 16253.25
Dalal Street as Indian indices snapped a five-week losing streak
On last week, Sensex added 1,532.77 points (2.90%) to close at 54,326.39
Nifty50 rose 484.05 points (3.06 percent) to end at 16,266
Small-cap index rose 4%, Mid-cap Index gained 3%
Large-cap Index added 3%,Metal index surged 7.3%
Capital Goods index added 5.3%,FMCG, Auto and Realty indices gained 4-5%
On the other hand, Information Technology index fell two percent
FIIs continued selling as they offloaded equities worth of Rs 11,401.34 crore
Domestic institutional investors (DIIs) bought equities worth of Rs 9,472.91 crore
In the month of May till now FIIs have sold equities worth Rs 44,102.37 crore
DIIs bought shares worth Rs 36,208.27 crore
Centre cuts excise duty on Petrol by 8 per litre, on diesel by Rs 6 per litre
Govt waives import duty on some raw materials for steel industry,
Export duty on iron ore hiked up to 50%
Crude oil prices climb to $113.37 a barrel
Today’s result stocks Zomato, Divislab, Bhel, Sail, Ramco cement, Data patterns and TTK health
FIIs net sold 1265 crore while DIIs net bought 2149 crore on 20th May
Five stocks under F&O ban Bhel, Deltacorp, Gnfc, Ibullshsgfin and Pnb
US markets ended mixed on Friday after a volatile session
Nasdaq declined 0.3% while Dow rose 0.03% on 20 May
Asian markets opened higher on Monday early trade then slipped from day’s high
This week NF trend decider 15700 & 16400
SGXNifty indicates a flat opening for the index (Slipped more than 150 points from day’s high)
NiftyFuture is facing a intraday resistance 16275, 16330 and 16400
On flip side, NF can be considered as supports as 16200, 16160 and 16100
Updated: 08.43 am / 23rd May 2022
