Quity Research AB: Erivative Report ST Pril: E L D 1 A
Quity Research AB: Erivative Report ST Pril: E L D 1 A
NIFTY FUTURE
Sensex settled 3.28 points up at 25,341.86, while Nifty index closed 3.20
points up at 7,738.40. Nifty pared most of their days gains in the last leg of
trade and ended the volatile trading session on a flat note on account of weak
global cues and F&O expiry.
Technical views:
Nifty future closed at 7740.20 on Thursday. Nifty closed above the 7700. nifty
may continue bullish trend further, next resistance for nifty may be 7950.
Technical views:
Bank nifty touch the new level of 16000 and consolidated at that level
,some more range bound movement may be seen in bank nifty above the
level of 16000 bank nifty may be show the level of 16400-16800.
USD/INR
The Indian rupee has opened marginally higher at 66.35 per dollar on
Thursday against previous close of 66.37. USD-INR is expected to
gradually drift lower on year end remittances and custodial inflows.
USD-INR trading range for today is 66.15-66.45/dollar . The US dollar hit
its lowest level against the euro in nearly seven weeks following dovish
comments from Janet Yellen. The dollar index slipped below the 95 mark.
S1 66.24 S2 66.11
EUROPEAN MARKET
European markets finished lower as of the most recent closing prices.
The DAX slipped 1.74% and the CAC 40 down 2.18% whereas The
FTSE 100 lost 1.52%.
ASIAN MARKET
Asian markets finished mixed as of the most recent closing prices.
The Shanghai Composite gained 0.35%, while the Nikkei 225 led
the Hang Seng lower. They fell 0.28% and 0.25% respectively.