Nifty Momentum Remains Weak 0 1407

Pre Market Updates: Wednesday September 05

Nifty levels
Nifty levels
  • Stocks decline all over the world
  • Markets sentiment remained weak on sustained capital outflows by foreign funds, surging global crude oil prices and tumbling rupee against dollar.
  • AMRI planning to flush out USD 75-billion FPI investment from the country within a short time-frame.
  • Most IT shares advanced as the rupee weakened against the dollar. FMCG, metal, realty, capital goods, PSU, banking, oil and gas, auto, healthcare and infrastructur stocks keep falling down.
  • India VIX ended at 13.7, up 2.9 percent.
  • Nifty may to trade between 11470 and 11580.

Nifty50 Technical Analysis: Candlestick Chart

  • Bearish Candle

Options Data Tracking

Put Call Ratio

  • Nifty PCR at 1.45 versus 1.47.
  • Nifty Bank PCR at 0.61 versus 0.74.

Max O.I Strikes

  • Nifty: 11800CE, 11500PE
  • Bank Nifty: 28000CE , 27400PE

Earnings to Watch

  • Hudco
  • SREI Infrastructure
  • Varroc Engineering

FnO Stocks under Ban

ADANIENT

 

 

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