Weak Global Cues And FII And Pro Selling To Take Nifty Towards 10490
Asian markets have fallen sharply on news that the Chief Financial Officer of China tech giant - Huawei Technologies Co. was arrested. US market was closed on Wednesday to observe the mourning of Former President, George HW Bush.
The Federal Reserve’s Beige Book economic report showed fading optimism over growth prospects at U.S. firms. FII and Pro have created sell positions of 1.34 lacs contract in current expiry till date which also indicates that markets are very weak. All 5 state election results are looking highly uncertain as alliance will play a big role in Government formation in most of the states.
The US 10 Year T-Note is trading at 120.27. The Bond has broken its important low of 120.03 on 2nd Oct 2018. The US Dollar Index is trading at 96.988
Sector Performance as on 5th December
Large Cap Gainers and Losers as on 5th December
Mid cap Gainers and Losers as on 5th December
NIFTY OUTLOOK & OPEN INTEREST IN INDEX OPTION
FII and PRO combined have sold 137494 contracts in the current expiry.
Cash Market Data
In last 10 days, DII have bought shares in cash segment worth Rs. 1052.65 Crore.
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