Pre Stock Market report 3-6-2020

Pre Stock Market report

Global market 

1. The Dow Jones Industrial Average rose 267.63 points, or 1.05%, to 25,742.65, the S&P 500 gained 25.09 points, or 0.82%, to 3,080.82 and the Nasdaq Composite added 56.33 points, or 0.59%, to 9,608.38.
2. Watch the futures level 
3. Hang sang are trading in green
4. Most markets are trading in greens 
5. Oil hits three-month high over hopes for output cuts

Stock Market News

1. KV Kamath To Replace Nirmala Sitharaman As Finance Minister?
2. Centre accepts CM’s proposal to convert Punjab stretch of Delhi-Amritsar-Katra expressway to Greenfield project
3. Vocal for local: India's $6.7 bn plan to boost electronics manufacturing
4. Uday Kotak sells Rs 6,944 crore worth shares of Kotak Mahindra Bank read
5. Tata Motors share price rises 8% after company resumes operations at all plant read
6. NCC share price jumps 5% after Aditya Birla Sun Life buys 40 lakh shares read
7. Reliance Industries' rights issue subscribed 1.3x with a day to go read
8.  Britannia Q4 | Profit at Rs 374.75 cr versus Rs 297.23 cr, revenue at Rs 2,867.7 cr versus Rs 2,798.96 cr YoY.
9. InterGlobe Aviation Q4 | Loss at Rs 870.8 cr versus profit at Rs 595.8 cr, revenue at Rs 8,299 cr versus Rs 7,883 cr YoY.
11. Lupin | Company received approval for Meloxicam capsules, which are used to reduce osteoarthritis pain. 
12. Just Dial | BNP Paribas Arbitrage bought 3,57,000 shares at Rs 407.44 per share
13. Coromandel International | Promoter EID Parry India sold 58,50,000 shares at Rs 629.19 per share.
14. Minda Industries | NCLT approved the Scheme of Amalgamation of 4 wholly-owned subsidiary companies with the company itself.
15. ADF Foods | Abakkus Emerging Opportunities Fund - 1 bought 5,00,000 shares at Rs 274 per share

Result today

• BPCL, Aurobindo Pharma, MAS Financial Services, Orient Hotels, DCM Shriram, Cholamandalam Investment, Dishman Carbogen among others.

Derivatives Data Analysis for 3 June 2020 -  Download the excel sheet

Index future Datapoints

1. Retail Clients are net short in index future with -27692 they are bearish. Today they added index short net -6182 contracts.
2. FII is net index long positions  24895 contracts on Index. added some longs 5591 contracts they are bullish
3. DII is also long in index futures with 25606 are also long
4. Pro are net short in index future with  -22809 reduced some shorts positions

Index Call Datapoints

1. On a net basis, retail client calls are still bearish with -18516 contracts. Retail clients added shorts positions in index calls they are bearish.
2. FII added index call positions with a net position of 61900 booked added positions in the index call also.
3. Pro is bearish as they had -47968contracts index short positions. 
4.  The Pro and clients have bearish positions and FII has bullish positions.

Index put Datapoints

1. The retail client has a total 7836 contract put long on a net basis.  they added put long positions more than put short. Client positions suggest that today high is a top.  
2. DII has a total of 67825 contracts put long for hedging purpose 
3. FII has a total of 67662 contracts put long  they added some put long positions  
4. Pro today added put short -143323 contracts. It will act as a support. 

Stock Future Datapoints

1. The retail client has a total of 242271contracts net stock futures long. But they reduced the long positions today. This data point suggests retail investors turn bearish.
2. FII has a total of 551717 contracts long. They are bullish. Reduced some positions 
3. Pro today added long 51615 contracts. It will act as a support. reduced some long positions in longs

Data is bullish. Any news can change decide the future movements. Otherwise, FII data on a net basis is bullish. This is for educational purpose.