Stock Market report 9-6-2020

Stock Market report 9-6-2020

Global market 

1. Down futures trading higher 
2. Check the latest data
3. China - hang sang are in red 
4. Stock market around the world are trading mixed
5. The global market signal is natural.

Stock Market News

1. Oil prices rise on optimism easing of lockdowns to spur fuel demand
2. India economy to contract by 3.2% in FY21: World Bank
3. Axis, IIFL, ICICI Prudential AMCs lead race to buy out L&T Mutual Fund read 
4. SIP inflows reduce further in May, but a marginal uptick in new investor accounts
5. RBI proposes a comprehensive framework for the sale of loans
6. Global economy to plunge into the worst recession since WW-II: World Bank
7. Foreign institutional investors (FIIs) bought shares worth Rs 813.27 crore
8. domestic institutional investors (DIIs) sold shares worth Rs 1,238.23 crore
9. Attention students, job seekers: Advice from self-made billionaire Uday Kotak read 

Results on June 9

Hero Motocorp, Bombay Dyeing, Century Enka, eClerx Services, Gujarat Pipavav Port, Graphite India, Kirloskar Ferrous Industries, KRBL, Mangalore Refinery & Petrochemicals, PSP Projects, Tata Steel Long Products, TeamLease Services, Xelpmoc Design

Stocks In news

1. Apex Frozen Foods | SPV Traders bought 2 lakh shares at Rs 229 per share
2. Coffee Day Enterprises | Kotak Mahindra Investments sold 12,84,619 shares at Rs 14.05 per share
3. Aarey Drugs | LTS Investment Fund sold 2,75,000 shares at Rs 19.52 per share
4. Titan Company Q4 | Profit at Rs 346.25 cr versus Rs 353.6 cr

Derivatives Data Analysis for 9 June 2020 -  Download the excel sheet

Index future Datapoints

1. Retail Clients are net short in index future with -22373 they are bearish. Retail clients reduced their index short positions. 
2. FII is net index long positions 4381 vs 10293 contracts on Index. They booked profits. FII booked their profits - The client booked their losses.
3. DII is also long in index futures with 19059 vs 23190. DII booked some profits in index futures long positions.
4. Pro are net short in index future with  -1067 added some short positions
5. This data point suggests Client positions are against FII  DII data. 
6. Not much activity happens in Index future positions.
7. FII booked their profits - The client booked their losses.

Index Call Datapoints

1. On a net basis, retail client calls are turned Bearish from bullish with 13237contracts. Retail investors booked losses in index call positions.
2. FII added index call positions with a net position of 68295. 
3. Pro is bearish as they had -86116 contracts index calls short positions.
4.  The Pro  Positions are against the FII. FII is bullish
5. The client booked losses - Pro Added short positions 

Index put Datapoints

1. The retail client has a total -45028 contract put short on a net basis. Reduced short positions in fear that market can move down. or booked at a higher level.
2. DII has a total of 70808 contracts put long for hedging purposes. Added put
3. FII has a total of 67874 contracts put long.
4. Pro today added put short -93654. They are bullish
5. Data suggest Clients and pro has bullish positions FII and dii are in bearish positions
6. But Pro has equal positions in call and put.

Stock Future Datapoints

1. The retail client has a total of 207006 contracts net stock futures long.
2. FII has a total of 613084 contracts long.  They keep adding stock future positions
3. Pro today added long 22315 contracts. 

Data is in a reversal position & remain range-bound.
Any news can change the direction 

FII closed all their index long positions. They have Stock future long and Index call long. These two data points are bullish. If they start booking profits in calls and the market will reverse

FII - Reduced index long positions in profits. Bearish. Added stock futures Bullish. Call long - put long. They will start selling in cash. 

Pro is Neutral: 

Range bound market - Until FII closed their positions in calls and added index futures shorts positions

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