Stock Market report 24-8-2020

Stock Market report 24-8-2020

World market futures

1. Dow Jones Futures: Stock Market Rally Leaders Apple, Nvidia, Tesla Set Record Highs; Home Depot, Walmart Earnings On Tap
2. Warren Buffett spent $5.1 billion on Berkshire Hathaway share buybacks - a sign that he's confident in the market at these levels?
3. The Dow Is Tumbling. It’s Time to Talk About Stock Market Bubbles. read 
4. Most stocks market trading in mixed
5. The global market signal is  neutral
6. Keep eye on world market futures 
7. https://in.investing.com/indices/indices-futures

Stock Market News

1. 
   
2. Orient Bell | Porinju Veliyath-owned Equity Intelligence India acquired 80,000 shares in company at Rs 91.87 per share on the NSE
3. BASF | Plutus Wealth Management LLP acquired 3.15 lakh shares in company at Rs 1,584.46 per share on the NSE. 
4. Ceat | Jwalamukhi Investment Holdings sold 3,49,332 shares in company at Rs 871.28 per share
5. Phoenix Mills | The company closed its QIP issue on August 21 and fixed issue price at Rs 605 per share.
6. Strides Pharma share price jumps 7% on US FDA nod for Ursodiol tablets
7. Finolex Cables shares climb 3% after Jefferies maintains buy call on the stock
8. KKR sells 2.88% stake in CG Power, Jwalamukhi Investment offloads 2% in Ceat
9. ICICI Bank | Bank closed its QIP issue and raised approximately Rs 15,000 crore at a price of Rs 358 per share.
10. PI Industries | Subhash Anand, Chief Financial Officer decided to step down due to personal reasons.
11. Man Industries (I) | Adesh Ventures LLP offloaded 7,87,863 shares in company at Rs 60.36 per share.
12. Heidelberg Cement (I) | Plutus Wealth Management LLP bought 14.85 lakh shares in company at Rs 191.72 per share.
13. Royal Enfield faces disruption in production supply chain due to pandemic
14. Explained: How Delhi hopes to become the electric vehicle capital of India read
15. Infosys fines Parikh for ‘inadvertent trade’ by spouse’s portfolio manager
16. DoRBI has agreed to pay to the government Rs 57,128 crores
17. DOT can serve Reliance Jio Rs 13,000 crore AGR bill on behalf of RCom
18. World economy to see 'worst contraction' in 2020, steel output, demand to fall: N. Chandrasekaran
19. In self-reliance push, Rajnath Singh launches weapons system made by Ordnance Factory Board
20. Maruti aims to increase volumes in mid-size SUVs
21. Covid-19 vaccine tracker, August 13: US pre-orders 800 million doses for its 330 million population
22. Domestic air traffic recovers marginally in July, up 6.1% MoM; SpiceJet retains top spot in occupancy rate read
23.  Zydus Cadila Launches "Most Affordable" COVID-19 Drug Remdesivir In India
24. Big lenders HDFC, Axis Bank and ICICI Bank go the QIP way to raise Rs 35,000 crore; what does the trend indicate? read
25. InterGlobe Aviation | Jwalamukhi Investment Holdings acquired 54,34,527 shares in company at Rs 1,028 per share. Kotak Mahindra (International) was the seller in deal.
26. India to build 'largest infra project' worth $500m in Maldives
27. Gehlaut steps down as chairman of Indiabulls Housing finance in surprise move
28. Government allows sales of electric vehicles without batteries
29. Vaccine procurement to be done centrally: Govt panel
30. Silver plunges 14% for its biggest one-day loss since 2008
31. Nifty PSU Bank gains 4% on report govt may extend 'ratna' title to some lenders
32. Siemens takes a tumble with pvt sector capex at a virtual standstill

Promoter Buying 

1. WELSPUNIND
2. CHAMBFERT
3. NRB BEARING
4. KEC

Stock with higher delivery percentage 

1. AIAENG
2. MAHLOG
3. OFSS
4. GSPL
5. AGIS

Max Pain Theory  Nifty

1. Resistance level - 11550
2. Support Level - 11075
3. Max Pain level - 11325

Derivatives Data Analysis   Download the excel sheet

Index future Datapoints

1. Retail Clients are net short in index future with -9149. They added -13464 short contracts.
2. FII index  positions are at 26537 contracts . added 15880 LONG contracts
3. DII is also long in index futures with -27735. Added -617 short contracts
4. Pro are net short in index future with 10347. reduced -1799 long contracts 
5. FII and Pro bullish - DII & client are . Index future data is bullish

Index Call Datapoints

1. On a net basis, retail client calls are bullish with -26645 contracts. Retail clients added -16481 call short positions. 
2. FII added call long positions 77011 contracts net long. added 14787 long positions 
3. Pro is bearish as they had -51943  index calls short positions. Added longs and reduced shorts positions
4. Index call data is bullish.

Index put Datapoints

1. The retail client has a total -102243 contract put short on a net basis.added 15311 long positions.
2. DII has a total of 45756 contracts put long for hedging purposes. 
3. FII has a total of 97588 added put longs .
4. Pro has total -41101 contracts put short. 
5. Data is bullish

Stock Future Datapoints

1. The retail client has a total of  395827 contracts long. 
2. FII has a total of 249418 contracts long. 
3. Pro has a total of 72330 contracts long. 

Any news can change the direction 

Global market are positive

Data is bullish

FII overall data is bullish except Index future data

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