From Advisory Desk : Vikash Sahay
1st January 2021 : ” Wish you a very Happy 2021 with prosperity and good health for all of you “. We expect markets to remain flattish for the day as most of the markets closed on eve of new year. However,we remain very optimistic and positive for the markets in 2021. We witnessed positive rollovers in Nifty, however rollovers in Banknifty remain subdued.
Actionable : Buy Infosys, Jubilant food works
IPO Listing : Antony waste shares to start trading in exchanges today after oversubscribed by 15 times.
SGX NIFTY: +14 (prev.close 14016)
NIFTY 50 : 13981
Sensex : 47751
FII: +1136 Cr
DII: -258 Cr
Advances: 1748 / Declines: 1282
Dollar: $ 73.06
Gold: $1901 per ounce
Crude: $51.70 per barrel
10 year US bond rate: 0.91
10 year Indian Bond rate: 5.89
M&M: Company announced about the termination of the JV with Ford which signed more than a year ago under mutual agreement due to the challenges posed by the Covid-19.
Securities in Ban: Nil.
Derivative View : VIX closed at 21.09. Max Put OI is at 13900 then 13700. Max Call OI is at 14000 then 14200. Option data suggests a trading range between 13700 to 14200.