10th June' 2020 (Evening)

10th June' 2020 (Evening)

  1. For a change FII sold today (919Cr) and DII (500Cr) bought today in the Cash Market.
  2. FII opened a lot of long positions (6400) and did not short much. 
  3. FII bought more calls than puts and sold more puts than calls.
  4. The highest OI for PE is at 10000 and highest OI for CE is at 10500 (though 10300 is fairly close). 
  5. Heavy put writing happened at 10000 and a lot of call unwinding upto 10300 . 
  6. BankNifty continues to have highest Put OI at 20000 and highest Call OI at 22000. There was heavy put writing at 20500 right upto 21000.
  7. Most of the Asian markets closed in green today. European markets were trading lower.
  8. US opened higher again today. Nasdaq continues to hit all time high.
  9. Reliance and HDFC twins supported by most of the banks and finance stocks lifted the sensex. Both may continue their journey tomorrow and look for a strong weekly close tomorrow. as mentioned yesterday, A reversal may completely change the mood tomorrow. The mood changed today. 
  10. The indices both Nifty and Bank Nifty seem strong as of now. Look for a strong close on both the indices tomrorow.
  11. The news that promoters of IndusInd bank intend to raise their stake lifted the stock and hit upper circuit.
  12. Just came in - Fed kept the rates unchanged.

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