Actionable: Buy Muthoot finance, SBI, Jubilant foods.

From Advisory Desk : Vikash Sahay

26th May 2021 Market outlook: US markets ended flat. Asian markets are trading up in green, but SGX Nifty is down by 45 points. Gold is at four months high at $ 1900/ Oz, supported
by dollar index which has come below 90 and Interest rate of US bond at 1.57%. The Maharashtra government cabinet will meet today to discuss about unlocking the state. Hence unlocking themed stocks would be in focus.

Actionable:  Muthoot finance, SBI, Jubilant foods.

 Global market:DOW:  -81SGX NIFTY:   -45  (prev.close 15249)NIFTY 50 : 15208Sensex : 50637Institution:FII:                      +960 CrDII:                      -564 CrNSE:Advances: 1736 / Declines: 1403Currency:Dollar: $ 72.77Dollar Index: 89.70Commodity:Gold: $1906  per ounceCrude: $68.55  per barrelBonds:10 year US bond rate: 1.5710 year Indian Bond rate: 5.97Derivative:PCR: 0.94VIX:  18.84

Today’s results announcement: BPCL, Berger paints, Cummins, Manappuram finance, Pfizer, Arvind, Burger king, LT Foods, Mold tek packaging, pricol, Gabriel, J Kumar projects, Hindustan foods, Thirumalai chemicals.Results update:Above estimates: Alkem labs, CAMSInline estimates: Emami, Bajaj electricalsBelow estimates: Thermax, VIP industries Securities in BAN: AMARAJABAT, CANBK, PNB. Derivative View : VIX closed at 18.84. Max Put OI is at 15000 then 15200. Max Call OI is at 15500 then 15300. Option data suggests a trading range between 15000 to 15500.

Leave a Reply

Your email address will not be published.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