Actionable: Buy ICICI PruLife, Sun Pharma, Varun beverages.

From Advisory Desk : Vikash Sahay

Market outlook: US markets ended in mix. Asian markets started in red by half a percent and SGX Nifty is trading flat at 14650. FIIs started the month as sellers with Rs 2300 in cash. Gold and Silver advanced by 2% & 4% respectively. VIX is near to 24, which is indicating volatility in market.

Actionable: Buy ICICI PruLife, Sun Pharma, Varun beverages.

Global market:
DOW:  +238
SGX NIFTY:   -20  (prev.close 14682)
NIFTY 50 : 14634
Sensex : 48718

Institution:
FII:                     -2289 Cr
DII:                    +553 Cr

NSE:
Advances: 1779 / Declines: 1258

Currency:
Dollar: $ 73.92
Dollar Index: 91.08

Commodity:
Gold: $1790  per ounce
Crude: $67.75  per barrel

Bonds:
10 year US bond rate: 1.60
10 year Indian Bond rate: 6.00

Derivative:
PCR: 0.81
VIX:  23.69

Today’s results announcement: Adani ports, Alembic pharma, APL apollo, Adani total gas, LTI, RBL Bank, Suven lifesciences.

Results update:
Above estimates: SBI life insurance, Varun beverages
Inline estimates: LTTS, SIS
Below estimates: Kotak mahindra bank, Tata chemicals, Godrej properties.

Securities in BAN: SUNTV.

Derivative View : VIX closed at 23.69. Max Put OI is at 14500 then 14200. Max Call OI is at 15000 then 14800. Option data suggests a trading range between 14200 to 15000.

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