Actionable: Buy Maruti, Tech Mahindra, MCX, L&T.

Insight Online News

From Advisory Desk : Vikash Sahay

15th December 2021

Market Outlook: US markets ended in lower, ahead of FED outcome which will conclude its two-day policy meeting today and is widely expected to announce an acceleration of the tapering of its bond-buying program. Asian markets have started on mixed note, with SGX Nifty is indicating a flat opening. Yesterday, Nifty extended the losses inline with global markets, ahead of a slew of central bank decisions. Market is stuck in a range for now and waiting for fresh triggers while stock specific action will continue.

Actionable: Buy Maruti, Tech Mahindra, MCX, L&T.

Data Patterns( Subscribe): IPO opened yesterday for subscription and closes on 16th Dec, 2021. IPO issued at a price band of Rs.555-585 per share.

Global market:
DOW:  -106
SGX NIFTY:   +15  (prev.close 17333)
NIFTY 50 : 17324
Sensex : 58117

Institution:
FII:                    -763 Cr
DII:                   +425 Cr

NSE:
Advances: 1742 / Declines: 1569

Currency:
Dollar: $ 75.86
Dollar Index: 96.49

Commodity:
Gold: $1773  per ounce
Crude: $73.20  per barrel

Bonds:
10 year US bond rate: 1.43
10 year Indian Bond rate: 6.36

Derivative:
PCR: 0.84
VIX:  16.95

Updates:

Paytm: IPO Anchor investors lock in period ends today, stock may under pressure.

Bharti Airtel: Company is collaborating with global IT Capegemini to bring 5G based enterprise grade solutions in india.

Securities in Ban: ESCORTS, IDEA, IBULHSGFIN.

Derivative View : VIX closed at 16.95. Immediate max Put OI is at 17000 then 17200. Max Call OI is at 17600 then 17500. Option data suggests a trading range between 17000 to 17600.

Leave a Reply

Your email address will not be published.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