Positive opening for the Indian equities

India Infoline News Service | Mumbai | October 23, 2017 08:42 IST

SGX Nifty indicating a positive opening for the Indian equities in line with its global peers.

Bull Market
SGX Nifty indicating a positive opening for the Indian equities in line with its global peers.

Global markets
Japanese PM Shinzo Abe’s coalition secured a whopping a 2/3rd majority after winning 312 seats out of 465 at Sunday's election.

Nikkei 225 surged ~1% on account of these developments and extended its winning streak for the second week in a row.

US: Wall street hits a record high as the plan of biggest tax reform optimism weighed in.

The Dow Jones Industrial Average rose 165.59 points or 0.79%, to end up at 23329 levels, while tech-heavy Nasdaq edged up 0.35 points to 6,629 levels.

Europe closed modestly higher in its last trading session with FTSE up 0.19%, CAC up 0.08%, DAX up 0.01%.

FII /DII Data:

In the cash market today, FII’s sold 43 crores stock whereas DII’s bought 41 crores worth of stock.

In the derivative market, FII’s sold 57 crores.
Support / Resistance: Intraday
Nifty: 10234
S1 - 10150 S2-10120
R1 - 10200           R2 -10250


Support / Resistance: Intraday
Bank Nifty: 24645
S1 - 24050 S2-24000
R1 - 24500 R2 -24600


                                                                                                                                                     
Nifty Highest Open Interest:
Call: 10200 / Put: 10000
Bank Nifty Highest Open interest: (26th Oct 2017 Expiry)
Call: 25000 / Put: 24500
Securities in Ban Period: IBREALEST, HDIL, JSWENERGY, DHFL, REL CAPITAL, INFIBEAM, JPASSOCIAT, BEML
 

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