Equity markets are likely to open red on Monday, June 23, as gift beautiful futures traded in 153 points, lowers a weak handerover from global peers. The rise of geopolitical tensions in the Middle East, especially the US participation in strikes of Iran nuclear sites, have unexpected investors in Iran.
Cues from Asia are mainly negatively to Japan’s topix with 0.6 percent, hanging futures futures that close 0.5 percent of 0.4 percent. US stock futures also fall, with S & P Fudse falling 0.4 percent in early Asia.
Key support, wasting, and f & or on
Analysts choose essentially more support of 24,850. As long as the index reinforces this level, a ‘buying strategy of the dips remains valid, which is found to be seen at around 25,350. India Vix, a barometer in the market order, cooled by 4.09 percent Friday to end the mid-Middle East.
Four stocks entered the F & Yes Ban list for session: ABFRL, RBL Bank, Tibagarh and Biocon. These counters violate 95 percent of their position limit on the market (MWPL).
FIIS turn net buyer; Rupee gets energy
Foreign institutional investors (FIIS) net adamers at Rs 7,940 crore on Friday, while domestic institutional investors with value Rs 3,040 crore. Rupee also seizes three-day losses of streak and appreciate Paise nearly 86.55 against US dollars.
Contains and Outlook in cash
The oil prices have been married to their height since January as US strike develops fears of supply. The gold is tumbled at a higher demands safely, while US dollars heading but remains sting-bound markets awaiting Iran’s response.
What is looking now
F & O Expiry Build-up in high-beta stocks
Geopolitical Progress Reactions Results
Fix crude prices and its impact on OMCS and Aviation
Midcap and PSU Bank Actionage After Friday Rally
Investors should ran for a quick start and monitor cues from oil, money, and global equity flows. Rotating sector and booking in profit can dominate the trading on Monday.
