Markets expected to be volatile ahead of October expiry

India Infoline News Service | Mumbai | October 26, 2017 08:37 IST

SGX Nifty indicating a negative opening for the Indian equities.

Stock Market Uncertainty
SGX Nifty indicating a negative opening for the Indian equities.

Global markets
US: Stocks moved notably lower over the course of the trading session on Wednesday.

The Dow fell 0.5% to 23,329.46, the Nasdaq slid 34.54 points or 0.5% to 6,563.89 and the S&P 500 dropped 11.9 points to 2,557.15.

Profit taking contributed to the weakness on Wall Street after the Dow climbed to a new record closing high in the previous session.

Europe closed in the red in yesterday’s trade with FTSE down 1.07%, CAC down 0.37%, DAX up 0.46%.

FII /DII Data: In the cash market today, FII’s bought 3582 crores stock whereas DII’s sold 155 crores worth of stock.

In the derivative market, FII’s sold 1097 crores of Index futures and bought 83 crores worth of Index options.

In the stock futures segment, FII’s bought 2009 crores worth of stock futures and bought 56 crores stock options.

Support / Resistance: Intraday
Nifty: 10295
S1 - 10235 S2-10180
R1 - 10330           R2 -10400


Support / Resistance: Intraday
Bank Nifty: 25035
S1 - 24900 S2-24600
R1 - 25200 R2 -25500


                                                                                                                                                     
Nifty Highest Open Interest:
Call: 10300 / Put: 10000
Bank Nifty Highest Open interest: (26th Oct 2017 Expiry)
Call: 25000 / Put: 24500
Securities in Ban Period: IBREALEST, JSWENERGY, DHFL, INFIBEAM, JPASSOCIAT, RCOM, IRB

 

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