NiftyFuture last close: 16326.90 (+1%)
On Friday, NiftyFuture was gained 1%
NF was gained almost 450 points from Thursday’s low to Friday’s high
Banknifty was seen outperform in last few sessions
VIX fell almost 15% from Thursday’s high to Friday’s close
Sensex was rallied 632 points while Nifty50 climbed 182 points on Friday
On weekly basis, Sensex rose 558.27 points (1.02 percent) to close at 54,884.66
Nifty50 gained 86.35 points (0.53 percent) to end at 16,352.5 levels
HDFC Bank added the most followed by KotakBank, HDFC, and ICICI Bank in the last week
On last week, Small-cap index was down 2.7 percent
Mid-cap Index ended on a flat note
Large-cap Index ended flat, Bank index added four percent and Auto index rose 3.3 percent
Metal index shed 8%, Oil & gas index slipped 3.6% and Realty Index fell 3.2%
FIIs continued selling as they offloaded equities worth of Rs 9,688.62 crore
DIIs bought shares worth of Rs 11,257.63 crore on last week
In the month of May so far FIIs have sold equities worth Rs 53,790.99 crore
DIIs have bought shares worth Rs 47,465.90 crore
Crude gained 46 cents to $119.89 a barrel
Today’s result stocks LIC, Jublfood, Sunpharma, Auropharma,IRCTC, Dhampursug and Jindalstel
US future indicate continued gains following 2% to 3% upmove for Friday’s rally
Asian markets were set to higher opening on Monday early trade
HangSeng and Nikkei up over 1%
SGXNifty indicates gap up opening likes 100-150 points
This Week NiftyFuture Trend Decider 16500 and 15900
Today NiftyFuture is facing a intraday resistance 16350, 16385 and 16430
Once if breaks and manages above 16430 will try to check 16500 levels
On other side, NF can be considered as supports as 16285 and 16240
Updated: 08.38 am/ 30th May 2022
