From Advisory Desk : Vikash Sahay
26th February 2021 : Market Outlook: The sell off in US bonds surged 10 year US bond yield to 1.6%. This led sell off in capital markets globally. DOW and NASDAQ sheded by 2% and 3.5% respectively. Asian markets too are trading in red by over 2%. SGX Nifty is trading 300 points lower.
Actionable: We will share after the market settles down during the day.
IPO Listing : RailTel corporation of india shares to start trading in exchanges today after oversubscribed by 42 times.
SGX NIFTY: -280 (prev.close 15180)
NIFTY 50 : 15097
Sensex : 51039
FII: +188 Cr
DII: -747 Cr
Advances: 1752 / Declines: 1213
Dollar: $ 72.42
Dollar Index: 90.32
Gold: $1769 per ounce
Crude: $65.85 per barrel
10 year US bond rate: 1.49
10 year Indian Bond rate: 6.18
Bank of Baroda: Company launches QIP worth of Rs 4,500 crore on yesterday, at a floor price of Rs.85.98 per share, which is a discount of 4.36% to yesterday’s closing price. Company may offer a discount of not more than 5% on the floor price at its discretion.
Securities in BAN: NIL.
Derivative View : VIX closed at 22.89. Max Put OI is at 15000 then 14800. Max Call OI is at 15200 then 15300. Option data suggests a trading range between 14800 to 15300.