MARKET OUTLOOK :
»»»»»»»»»»»»»»»»»»
DATE : 07-01-2025
TIME : 07:50 AM
US100 :- 21588 (+05)
GIFT NIFTY :- 23812 (+78)
INDIA VIX :- 15.65 (+15.58%)
US VIX :- 16.04 (-0.56% )
GLOBAL MARKETS SENTIMENTS (Positive)
1. Gift Nifty trading around 23,775, showing a 55-point premium over Nifty futures, signaling a positive start for Indian markets
2. Asian Markets: Traded higher, led by a tech rally in Wall Street, with Japan's Nikkei rising 1.96% and South Korea's Kospi up 1.21%
3. India VIX (Volatility Index) surged 16% as markets plunged due to HMPV concerns, with Sensex falling 1,258 points below 78,000 and Nifty dropping 1.6% to 23,616
4. Overseas investors sold ₹15,569 crore in Indian equities, with ₹5,489 crore outflows from the oil & gas sector, mainly due to Reliance's underperformance
5. Securities in the ban period: Hindustan Copper, Manappuram Finance, RBL Bank.
⬆️Nifty Call Options Data :-
1. Maximum Call open interest at 24,500 strike (1.14 crore contracts), acting as a key resistance
2. Other resistance levels: 24,200 strike (1 crore contracts) and 24,000 strike (90 lakh contracts)
3. Maximum Call writing at 24,000 (38.15 lakh contracts), followed by 24,500 (35.17 lakh) and 24,200 (27.47 lakh)
4. Maximum Call unwinding at 24,400 (9.33 lakh contracts), followed by 24,800 (5.64 lakh) and 24,850 (3.04 lakh)
⬇️Nifty Put Options Data
1.Maximum Put open interest at 23,000 strike (85.1 lakh contracts), acting as key support
2. Other support levels: 23,300 strike (46.84 lakh contracts) and 23,500 strike (39.45 lakh contracts)
3. Maximum Put writing at 23,300 (15.39 lakh contracts), followed by 22,800 (12.09 lakh) and 22,850 (7.96 lakh)
4. Maximum Put unwinding at 23,700 (38.46 lakh contracts), followed by 24,000 (28.12 lakh) and 23,900 (19.69 lakh)
PCR of Indices (weekly expiry):-
Nifty 0.5625
Sensex 0.5458
🟢Stocks in the Positive News:-
1. Mahindra & Mahindra: Production up 20% to 53,361 units; sales increased 14% to 66,676 units
2. Bajaj Finserv: Reported general insurance premium of Rs 1,331 crore and life insurance premium of Rs 1,055 crore for December 2024
3. Vakrangee : Renewed agreement with Bank of Baroda for nationwide banking services
🔴 Stocks In Negative News :-
1. Bharti Airtel and Vodafone Idea: Entered into a share purchase agreement to sell their stake in Firefly Networks for Rs 4.5 crore each
2. Manappuram Finance: Clarified reports on a robbery at its Odisha branch, with stolen assets worth Rs 20 crore
FIIs & DIIs Data :-
FIIs were net sellers with a total amount of Rs -2,575.1 Cr on 06 Jan 2025 (Cash).
DIIs were net buyers with a total amount of Rs 5,749.6 Cr on 06 Jan 2025 (Cash).
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»«««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««
# The Information shared in this Telegram channel is for educational purpose only and is collected from different Media Sources/Channels. These are not a Financial advices.
# Following Money Management and Risk Management is Must in any Trade.
««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»