NiftyFuture last close: 17177.75 (-1.3%)
On Friday, NiftyFuture was seen huge selling pressure due weak global sentiment
NF was opened 17225 and went to 17321 then fell to 17156
The final tally was Sensex dropped more than 700 points while Nifty50 declined 220 points
On last week Nifty50 was dropped around 2%
The Nifty PSU bank and Nifty bank indices lost 4 percent each.
However, added 3 percent Nifty energy and oil & gas rose 2.4 percent each
During the week, FIIs sold equities worth Rs 18,443.81 crore, while DIIs bought shares worth Rs 14,394.37 cr
FIIs have sold equities worth Rs 29,206.19 crore in April, while DIIs bought equities worth Rs 20,166.48 crore
Today’s result stocks Centurytex and Tatva
UBS trims India’s growth forecast to 7% as global macro risks worsen
India’s oil import bill doubles to $119 billion in FY2022
On Friday, US markets tumbled more than 2.5%
Dow Jones fell 981 points, S&P500 lost 122 points and Nasdaq declined 335 points
Dow Future trading around 250 points declining on Monday’s early trade
Asian markets fell on Monday following a sell-off on US markets on Friday
Nikkei down 2%, Topix declined 1.8% and Kospi falling 1.25%
SGXNifty indicate a gap down opening for the index with a loss of around 200 points
This Week NiftyFuture Trend Decider 16840 & 17440 which was last week’s low and high
However, NiftyFuture can be considered as supports as 17100, 17060 and 17000
Below 17000, will try to check 16920-16840
On flip side, NF is facing a intraday resistance 17200, 17240 and 17300
Stay caution at higher levels!!
Updated: 08.40 am / 25th April 2022
