Actionable: Buy DLF, SBI life, UBL & Havells

From the advisory desk : Insight Online News

02-September-2021:

Market Outlook: FIIs continue to remain buyers from past three trading session as GDP and GST numbers are very much encouraging.Asian markets have started in green with SGX Nifty trading flat. Nifty reality index surged almost 6% on back of strong sales number. Today being a weekly expiry, Nifty’s range is expected to be 16950-17150 and Bank Nifty’s range is expected to be 36000-37000.

Actionable: Buy DLF, SBI life, UBL & Havells

Global market:
DOW: -48
SGX NIFTY: +15 (prev.close 17099)
NIFTY 50 : 17076
Sensex : 57338

Institution:
FII: +667 Cr
DII: -1288 Cr

NSE:
Advances: 1456 / Declines: 1726

Currency:
Dollar: $ 73.08
Dollar Index: 92.47

Commodity:
Gold: $1816 per ounce
Crude: $71.05 per barrel

Bonds:
10 year US bond rate: 1.29
10 year Indian Bond rate: 6.20

Derivative:
PCR: 0.90
VIX: 14.19

Securities in ban: NIL

Derivative view: VIX closed at 14.19. Max Put OI is at 16500 then16000. Max Call OI is at 17000 then 17500.Option data suggests a trading range between 16850 to 17300 zones.

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