Insight Online News
From Advisory Desk : Vikash Sahay
30th March 2021 : Market outlook: US markets ended in mix due to rise in 10 year US bond yields to 1.72%. Asian markets too are trading in mix. SGX Nifty is indicating 150+ points for Nifty. VIX has fallen sharply by 9% to the level of 20. Metal has been doing well, especially steel.
Actionable: Buy Tata Steel, Tata consumer.
IPO Listing: Nazara technologies shares to start trading in exchanges today after oversubscribed by 175 times.
SGX NIFTY: +5 (prev.close 14750 on 29 March)
NIFTY 50 : 14507 (close on 26 March)
(closing gap of 243 points between Sgx nifty and Nifty 50)
Sensex : 49008
FII: -50 Cr
DII: +1703 Cr
Advances: 1620 / Declines: 1340
Dollar: $ 72.51
Dollar Index: 92.92
Gold: $1710 per ounce
Crude: $64.70 per barrel
10 year US bond rate: 1.72
10 year Indian Bond rate: 6.12
Securities in BAN: NIL.
Derivative View : VIX closed at 20.65. Max Put OI is at 14500 then 14300. Max Call OI is at 14700 then 14800. Option data suggests a trading range between 14300 to 14800.