NiftyFuture last close: 17653.75 (+0.7%)
On Friday, NiftyFuture was seen range with consolidation
Finally NF was ended at 17653.75, 0.7% higher
On last week, Sensex shed 812.28 points (1.32 percent) to end at 58,833.87
Nifty50 fell 199.55 points (1.12 percent) to close at 17558.9
Sensex and Nifty gained over 2 percent each so far in August
FIIS net buy 450 crore in the last week while DIIs net sold 503 crore
In the month of August, FIIs net bought 18420 crore and DIIs net sold 6555 crore
Reliance AGM at 2 pm on 29 Aug
Powell sees pain ahead as Fed sticks to the fast lane to beat inflation
China July industrial profits down as Covid curbs
Foreign exchange reserves decline to $564.053 billion
Brent crude futures were down 27 cents at $100.72/bbl
SEBI suspends trading in cotton futures on MCX for a month
US future indicates continued losses for markets
Dow future slipped more than 300 points
US markets ended with sharp cuts on Friday
All frontline indices down by 3% to 4.5%
Sell-off in the global markets by Powell’s Hawkish commentaty
US 10 year bond yield rises to 3.1% after Powells speech at Jackson hole
European markets end very lower on Friday
Asian markets open with deep cuts amid global market sell-off
Japan Nikkei down 3%
SGXNifty indicates nearly 400 points lower
NiftyFuture weekly trend decider 17380 and 17800
Today NF can be considered as support as 17380
IF breaks and manages below the level, finding a next supports 17250 and 17170
No need to write resistance levels
Updated: 08.54 am / 29th Aug 2022
