• Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
Friday, July 1, 2022
No Result
View All Result
SUBSCRIBE
The Outlooker
27 °c
Delhi
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
No Result
View All Result
The Outlooker
No Result
View All Result
  • National
  • Politics
  • Opinion
  • Business
  • Science
  • World
  • Health
Home Business

SGX Nifty hints at negative start for Sensex, Nifty; five things to know before opening bell

by The Outlooker Web Desk
December 23, 2020
in Business
0
SGX Nifty hints at negative start for Sensex, Nifty; five things to know before opening bell
1.8k
SHARES
12.9k
VIEWS
Share on FacebookShare on Twitter

According to an analyst share market volatility is expected to stay high in the near-term due to strict lockdown. impacting economic recovery

Nifty futures were seen trading 47.50 points down at 13,435.50 in early deals on Singaporean Exchange. Market participants may react to the news that said India is likely to approve Oxford/AstraZeneca’s coronavirus vaccine for emergency use by next week after its local manufacturer submitted additional data sought by authorities, Reuters cited two sources as saying. Besides, newsflow related to new COVID strain will be closely watched. “Volatility is expected to stay high in the near-term due to strict lockdown impacting economic recovery. However, the market is expected to remain bullish in the medium to long term, backed by overall progress in economic activity in 2021,” said Vinod Nair, Head of Research, Geojit Financial Services.

Also read: Stocks in focus: Wipro, Antony Waste, Ruchi Soya, Majesco, Adani Logistics, Reliance Capital

Bulk deals: Atul Limited bought 2.14 lakh shares of Majesco at Rs 981.58 per share on Tuesday, according to the NSE bulk deals data. On the other hand, Adani Logistics: Adani Logistics offloaded 9.15 lakh shares of Snowman Logistics at Rs 51.04 per share through a bulk deal on Tuesday.

FII and DII data: On Tuesday, foreign institutional investors (FIIs) again turned buyers and lapped up shares worth Rs 1,153 crore, while domestic institutional investors (DIIs) offloaded shares worth Rs 661.51 crore on a net basis in the Indian equity market, according to the provisional data available on the NSE.

Technical view: “The Nifty 50 index has created a Bullish Harami pattern on the daily chart, indicating a continuation of the bullish trend. However, for the positive momentum to continue we need the Nifty 50 index to be above the 13550 levels. Meanwhile, if the market breaks the 13100 levels, we may see another decline to 12900/12800 levels. On Wednesday, the Nifty would be hit hard at 13550 and 13650 levels,” said Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities.

Call, Put option data: For the December series maximum Call Open Interest (OI) is placed at 14,000 strike with 24.95 lakh contracts. This is followed by 20.83 lakh contracts at 13,000 strike. Put OI is the most at 13,000 strike with 44.92 lakh contracts.

Global watch: Asian stock markets were trading in the green on Wednesday with Japan’s Nikkei 225 up 0.13 per cent, and Hong Kong’s Hang Seng index up 0.14 per cent. In overnight trade on Wall Street, the Dow Jones Industrial Average fell 0.67 per cent, the S&P 500 lost 0.21 per cent, while the Nasdaq Composite added 0.51 per cent.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

The Outlooker is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

The Outlooker Web Desk

The Outlooker Web Desk

Next Post
India Successfully Test-Fires Medium Range Surface-To-Air Missile For Army

India Successfully Test-Fires Medium Range Surface-To-Air Missile For Army

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

US Stocks: Wall Street begins second-half with losses on growth worries
Business

US Stocks: Wall Street begins second-half with losses on growth worries

July 1, 2022
Union Minister Ajay Mishra’s Nephew Dies After Tree Branch Falls On Him
National

Madhya Pradesh Doctor, Aide Caught Taking Rs 6,000 Bribe To Deliver Tribal Woman’s Child

July 1, 2022
PM cannot change my behavior by making me sit in ED office for five days, says Rahul
Politics

PM cannot change my behavior by making me sit in ED office for five days, says Rahul

July 1, 2022
Global Markets: Second half starts with fresh strain on stocks
Business

Global Markets: Second half starts with fresh strain on stocks

July 1, 2022

Connect with us

No Result
View All Result

Archives

  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020

Category

  • Artistic
  • Business
  • Crypto
  • Design
  • Entertainment
  • Fashion
  • featured
  • Food
  • Gaming
  • Health
  • Human
  • Lifestyle
  • Movie
  • Music
  • National
  • Opinion
  • Politics
  • Science
  • Spaces
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • World

Recent Posts

  • US Stocks: Wall Street begins second-half with losses on growth worries
  • Madhya Pradesh Doctor, Aide Caught Taking Rs 6,000 Bribe To Deliver Tribal Woman’s Child
  • PM cannot change my behavior by making me sit in ED office for five days, says Rahul

About Us

The Outlooker

The Outlooker is your source of authentic, hand-picked news, stories, analysis from India & the World.

  • Terms Of Service
  • Privacy Policy
  • About us
  • Submit your story
  • Contact

© 2019-2021 The Outlooker. All rights reserved.

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • National
  • Entertainment
  • Gaming
  • Movie
  • Music
  • Sports
  • Fashion
  • Lifestyle
  • Travel
  • Tech
  • Health
  • Food

© 2019-2021 The Outlooker. All rights reserved.