Stock Market report 11-6-2020

Global market

Dow closes down 300 points, Nasdaq books fresh record close after briefly touching 10,000 milestones read
The Dow Is Tumbling. It’s Time to Talk About Stock Market Bubbles. read
Check the latest data
Most stocks market trading in red
Crude oil prices dip on oversupply concerns and stronger dollar read
The global market signal is negative.

Stock Market News

S&P doesn't do a Moody's: Retains India's sovereign rating and outlook
Indian economy to grow at 9.5% in next fiscal: Fitch Ratings read
Anti-Viral fabric launched by Coimbatore textiles firm read
Federal Reserve to keep buying bonds and sees no rate hike through 2022 read
Weak margins, demand woes aren’t reflected in the Hero MotoCorp stock read
Covid-19 impact: Maruti cuts production by almost 98 percent in May read
Airlines To Lose $84 Billion This Year Due To Pandemic: Aviation Body read

Stocks In News

NTPC: Power producer NTPC will give Rs 1,363 crore discount to distribution companies (discom) on fixed or capacity charges during the lockdown period this fiscal, the state-run company said on Wednesday.
Shriram Transport Finance: The company on Wednesday reported a 70 per cent dip in its consolidated net profit
Indian Hotels: Tata group hospitality arm Indian Hotels Company reported a 37.75 per cent decline in its consolidated net profit
UPL: Agro-chemical major UPL said its Mauritian subsidiary has raised $500 million by issuing bonds
Sequent Scientific: Agnus Holdings, promoter of Sequent Scientific, on Wednesday offloaded shares worth nearly Rs 150 crore in Sequent, through an open market transaction.
Ramco Systems | Vijay Kishanlal Kedia bought 3,39,843 shares at Rs 87.82 per share

Result Today

Dixon, WestlifeNSE, EID Parry: Allied digital services, Dixon Technologies, EID Parry, Foods Inns, Redington, Sundram Fasteners, Westlife Development and Take Solutions are slated to announce their financial results for the March quarter

Derivatives Data Analysis Download the excel sheet

Index future Datapoints

Retail Clients are net short in index future with -17121 they are bearish. Retail clients reduced their index short positions.
FII index long positions are at 15779 contracts on Index. They added Index futures as the market is moving down means support for the market.
DII is also long in index futures with 13442 . DII booked some profits in index futures long positions.
Pro are net short in index future with -12100 added some short positions
This data point suggests Client positions are against FII DII data.
FII added index long positions

Index Call Datapoints

On a net basis, retail client calls are bullish with 16355 contracts. Retail cleints reduced call long positions and added call short positions.
FII added call long positions 70874 contracts net long
Pro is bearish as they had -91813c ontracts index calls short positions.They reduced call short positions.
The Pro Positions are against the FII & clients
These call writing from Pro will act as a resistance in the market.

Index put Datapoints

The retail client has a total -17003 contract put short on a net basis. reduced put short positions suggesting closing bullish positions.
DII has a total of 70958 contracts put long for hedging purposes.
FII has a total of 53764 contracts put long. for hedging for stock future positions
Pro today added put short -107719. They are bearish

Stock Future Datapoints

The retail client has a total of 202998 contracts net stock futures long.
FII has a total of 629951 contracts long. BBooked profit in -3152 contracts
Pro today added long 17402 contracts.

Any news can change the direction

Data is bullish . FII Added Index future-calls& put short positions

Pro added index PUT short positions.

If market open in red it will move up.
Yesterday low is critical.

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