NiftyFuture last close: 15847.70 (+0.1%)
On Tuesday, Indian equity market was seen range with consolidated trade
NF was opened 15780 and slipped to 15712 then shot up to 15860
Sensex closing 16.17 points, or 0.03 percent, higher at 53,177.45
Nifty was up 18.20 points, or 0.11 percent, at 15,850.20
Nifty metal index rose 1.6 percent
Nifty Auto added 1.2 percent and the Nifty energy index jumped 1 percent
Nifty Bank index shed 0.5% on 28 June 2022
VIX surged 2% and ended 21.50
Brent crude climbed $1.2 to $116.25 a barrel
GST Council to discuss compensation to states, tax on online gaming today
Mukesh Ambani steps down as Reliance Jio director and Akash Ambani appointed as chairman
Fed officials promise rate hikes and push back on recession fears
FIIs netsold 1244 crore while DIIs net bought 1205 crore
Deltacorp and Suntv are under F&O ban for June 29
Fed rate hike expectations at next 4 FOMC meetings…
-July: 75 bps hike to 2.25%-2.50%
-Sep: 50 bps hike to 2.75%-3.00%
-Nov: 50 bps hike to 3.25%-3.50%
-Dec: 25 bps hike to 3.50%-3.75%
US future markets flat following a sell-off in the cash market
Dow shed more than 900 points from day’s high to close
Asian markets lower in early trade
Hangseng down over 1%
SGXNifty indicates a gap down start for the Indian market
Today’s NiftyFuture supports and resistance levels will be sent to my clients only
Updated: 08.40 am / 29th June 2022
