Nifty upbeat, caution if US Treasury Yield trades above 36bps

Stock Market Today by Shailesh Saraf – 1st June 2019

Indian Market Outlook:

FII continued their buying spree across all segments in the Indian markets after buying worth Rs.16126 Cr in Index Options, worth Rs.9073 Cr in Index Futures and worth Rs.981 Cr in the cash segment in last 6 days. The huge buying of FII and PRO buy in future and options suggests that 8336 are in the cards for Nifty in the coming days. SGX Nifty is trading at 8205 at 8:40 am IST. Nifty is expected to open at same levels i.e. a gap up of 11 points.

International Market Outlook

China PMI announced today morning came a tad higher at 50.1 from the expectation of 50.0. Crude Oil prices are under pressure on Wednesday morning today's OPEC meeting would set the tone for further price direction for crude. It is expected that the OPEC meeting scheduled on 2nd June would be to decide on the market share for the Oil production countries rather than putting control on the production levels. Moreover, the concerns over the slowing demand from the Chinese economy are pushing crude further down.

 

 
FII Index Future Open Interest for the Week

FII Index Future Open Interest for the Week

 

FII Options Open Interest for the Week

FII Options Open Interest for the Week

 

Open Interest-FII & Pro Combined Activity

 
Open Interest-FII & Pro Combined Activity

On 26th May FII & Pro combined had a total long position in Index Futures of 8489775 shares which is increased to 11375700 shares as on 31st May, i.e. a total buy of 567375 shares in last expiry. For current expiry net buy of 2885925 shares in Index.

Similarly, in Index options, FII and Pro combined have decreased their short positions from 11284425 shares to 2210400 shares, i.e. a total buy of 1330050 shares in current expiry.

The data indicates a clear buy bias in the markets by FIIs and Proprietary.

 

Change in Options Open Interest Today

 
Change in Options Open Interest Today

Today, FII have increased 462825 shares long and increased 278775 shares short positions in Index Call option, net buy 184050 shares today. In puts, FII have increased 187275 shares long and increased short positions by 466575 shares, net PUT sell 279300 shares today.

Pro, have increased 1408800 shares long and increased short position by 1011825 shares, a net buy of 396975 shares in Index Call Option Today. In Puts, Pro has decreased long position by 202800 shares and increased short position by 266925 shares, a net sell of 469725 shares in Put today.

 

FII Derivatives Statistics - NSE

FII Derivatives Statistics - NSE

 
FII Options Statistics - Dynamic Research

FII Options Statistics - Dynamic Research

 

FII Index Statistics - Dynamic Research

FII Index Statistics - Dynamic Research

 

Major Events of the Day

  1. 7th June RBI Policy
  2. 15th June US FED Interest rate decision
  3. June 16th to July 1 Monsoon Session
  4. 23rd June Brexit referendum

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FII & DII Cash Buy/Sell Activity

 
FII & DII Cash Buy/Sell Activityy

As on 31st May, for Current Expiry from 27th May FII have bought Rs. 721.02 crores worth shares along with DII who have sold shares worth Rs.81.81 crores in the cash segment.

Today, FII have sold equity worth 114.52 cr and DII bought worth 60.28 cr.

 

*Top Price Gainers:

SUDARSHANCHEM: Sudarshan Chemicals volume surged on robust Q4 results. Sudarshan Chemical Industries Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 01, 2016 to August 12, 2016 (both days inclusive) for the purpose of Payment of Final Dividend & 65th Annual General Meeting (AGM).

Top Price Gainers
 

*Top Price Losers:

LLOYDENG: LLoyd electric was down by 6.73% after it declare its Q4 profit decline by 82.73% YoY. Lloyd profit decline due to onetime cost that company has write off  for not getting insurance claim of 45.80 crs.

              

 

Top Price Losers
 

*Top Volume Buzzers:

GICHSFIN: GIC Housing Finance, state-owned housing finance major, reported standalone net profit of Rs. 35.87 crore for the quarter ended March 31, 2016, registering growth of 34.55% yoy and 17.26% qoq. It's Net Interest Income (NII) for the quarter stood at Rs. 78.27 crore, clocking growth of 23.73% yoy and 11.64% qoq.
For the year ended March 31, 2016, the company reported net profit of Rs. 124.50 crore, registering growth of 20.92% yoy.It's NII for the current period of Rs. 275.72 crore was up  23.19% yoy.

Top Volume Buzzers
 

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