Buffett.Money

Niftu back in red

IPO rankings closing today :

1. Waaree Energies
2. Deepak Builders.

Applying in both personally with full capacity.

Only for education purposes

Participant Wise positioning @ 24472 

Note : Panic selling by HNIs / Retail .

FII
Index Futures
Reduced   - 5,737 Longs
Reduced   - 2,635 Shorts
Long Short 32:68

Stock Futures
Added     + 29,091 Longs
Added     + 18,201  Shorts
Long Short 58:42

FII in index futures reduced longs & shorts.
& stock futures added longs & shorts.

Cash market on 22/10/2024
FII & DII NET ( Includes Block deal figures)

DII net bought +  5,869 CR
FII net sold   -  3,978 CR

Below 24,500 is the very cautious sing

Closing at these levels make market ready for downside

New low formed

Hyundai Motor IPO poor listing is affecting Waaree Energies IPO GMP as well.

Waaree last night closing was ₹ 1520 but now it dropped by 7-8%

Broader market weak as expected

Weakness continue

Hyundai made low of 1844. You can't demand high valuations randomly in this type of market. Learning for Hyundai.

Broader market is again weak.

Listed with ₹26 discount

That's why personally avoided the IPO

First ticks

BSE will revise the lot sizes for all new index F&O contracts introduced from November 20, 2024, onwards.

- Existing weekly and monthly contracts will continue with the current lot sizes until they expire.

- Newly introduced contracts will have the revised lot sizes as follows:

Hope morning study helped a lot.

25,000 can be a psychological hurdle in the market. Keep in mind 25,050

Good Bounce Back in Market. Bank Nifty is much stronger than Nifty.