Stock Market report 8-6-2020

Stock Market report 8-6-2020

Global market 

1. Down futures trading higher 
2. Check the latest data
3. China - hang sang are in red 
4. Most of the stock market around the world in green
5. The global market signal is positive.

Stock Market News

1. ADIA’s arm invests ₹5,683.50 cr in Jio Platforms read 
2. The last thing we want at the time of health crisis is to do something that creates a financial crisis: Uday Kotak read
3. AstraZeneca approaches Gilead Sciences Inc about potential merger read 
4. Fear of flattening the business curve read
5. Reliance Jio net debt plummets to ₹21,900 cr read
6. Crisil affirms Yes Bank Rs 18k crore bonds rating at BBB read
7. HUL to focus on e-commerce, modern trade channels read
8. Onboarding delayed for newbies at IT companies read
9. Sebi ‘censures’ promoter of AstraZeneca for unfair trade practice in 2014 delisting plans read
10. Coronavirus Vaccine: AstraZeneca aims to release vaccine in Sept; mass production begins read   
11. India's steel demand likely to fall by 18% in 2020: world steel read

Results on June 8 | 

Titan Company, Abbott India, Chalet Hotels, Coromandel Engineering Company, Gujarat State Petronet, Inox Leisure, PVR, Themis Medicare, 20 Microns.

Stocks In news

2. IndusInd Bank | Promoters plan to acquire additional shares of the bank from the open market 
3. L&T Q4 | Profit at Rs 3,197 cr versus Rs 3,418.2 cr
4. PVR | Sylebra Capital Partners Master Fund bought 5,99,986 shares at Rs 1,167.48 per share
5. Pennar Industries | DSP Blackrock Mutual Fund sold 7,53,027 shares at Rs 16.17 per share
6. Alembic | Nirayu Pvt Ltd bought 39,26,391 shares at Rs 54 per share

Derivatives Data Analysis for 8 June 2020 -  Download the excel sheet

Index future Datapoints

1. Retail Clients are net short in index future with -33227 they are bearish. They are not closing their short positions. Keep on adding 
2. FII is net index long positions  10293 contracts on Index. But they closed their index long positions and create short positions to hedge their stock future positions
3. DII is also long in index futures with 23190 are also long they are selling in cash so they hedge their positions.
4. Pro are net short in index future with  -256 reduced shorts positions
5. This data point suggests Client positions are against FII  DII data. 
6. Not much activity happens in Index future positions.

Index Call Datapoints

1. On a net basis, retail client calls are turned Bullish from bearish with -34139 contracts. Index call short. Retail clients keep averaging Call short positions. They added -10208 contracts.
2. FII added index call positions with a net position of 68669. Increased call long positions by adding 12530
3. Pro is bearish as they had -39114 contracts index calls short positions. 
4.  The Pro and Client  Positions are against the FII. FII is bullish
5. Most of the activity happens in Index call and put on 5th June 2020

Index put Datapoints

1. The retail client has a total -61495 contract put short on a net basis. They turn bullish from bearish but they also closed some positions in index short 27587 contracts
2. DII has a total of 67275 contracts put long for hedging purposes. No change
3. FII has a total of 70724 contracts put long  they added some put long positions  
4. Pro today added put short -74445. They are bullish
5. Data suggest Clients and pro has bullish positions FII and dii are in bearish positions
6. But Pro has double the positions of index out short than index call short. It is a bullish sign

Stock Future Datapoints

1. The retail client has a total of 232327 contracts net stock futures long.
2. FII has a total of 600537 contracts long.  They keep adding stock future positions
3. Pro today added long 22865 contracts. 

Data is Bullish. Any news can change decide the future movements. Otherwise, FII data on a net basis is bullish. Today data suggest client created index short positions and Index put long positions or booked profits in index put. They are net short in index future. The client is bearish. They will lose heavily.

FII is bullish. Index future net long. Index call longs - Stock future long. Index put long for hedging.

Pro is bullish: No net positions in index futures: Index calls are short but Index put shorts are double than index calls. If they lose from one side they will gain double from the other side.

This link contains a list of topics with the title. Visit the link and share your opinion