October 2023

FOREX US ADP employment data yesterday came out at 89k, lower than the earlier 180k and market expectation of 155k, pulling down Dollar Index to levels below 107. Similarly, a lower US NFP data if seen tomorrow will be able to bring down Dollar Index towards 106 or slightly lower. Euro can test 1.06-1.0650 before Read More

After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 04-Oct-2023 Category Date Buy Value Sell Value Net Value FII/FPI 04-Oct-2023 9,848.55 14,272.57 -4,424.02 DII 04-Oct-2023 10,050.08 8,280.59 1,769.49 FII Derivatives Statistics Type BuyContracts BuyAmt (Rs. Cr) SellContracts SellAmt (Rs. Cr) Open InterestContracts Open InterestAmt (Rs. Cr) Index Futures 49,413 3,906 55,748 Read More

FOREX US ADP employment data today and NFP tomorrow would be crucial to watch. A rise in the ADP employment data if seen today can aid further Dollar strength and could take Euro lower else we may expect a short reversal. Overall Dollar Index and Euro could trade within 108-107 and 1.05-1.04. Pound, Aussie and Read More

After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 03-Oct-2023 Category Date Buy Value Sell Value Net Value FII/FPI 03-Oct-2023 9,714.68 11,748.82 -2,034.14 DII 03-Oct-2023 9,223.41 7,862.39 1,361.02 FII Derivatives Statistics Type BuyContracts BuyAmt (Rs. Cr) SellContracts SellAmt (Rs. Cr) Open InterestContracts Open InterestAmt (Rs. Cr) Nil Nil Nil Nil Nil Read More

FOREX A stronger US ISM manufacturing and ISM employment index and stable EU PMI together has aided a rise in the Dollar index while Euro has plunged. We may now expect 108 on the index and 1.04 on the Euro to hold and produce a reversal. Pound, Aussie and EURJPY have all fallen on Dollar Read More

FOREX Small uptick in US initial jobless claims (204k from earlier 202k), stable US GDP (Q/Q% an Y/Y%) and lower German inflation (4.5% Y/Y% from earlier 6.1%) have led to a softer Dollar Index as Euro has risen and could lead to a test of 105.50 on the index and 1.06 or slightly higher on Read More

FOREX Small uptick in US initial jobless claims (204k from earlier 202k), stable US GDP (Q/Q% an Y/Y%) and lower German inflation (4.5% Y/Y% from earlier 6.1%) have led to a softer Dollar Index as Euro has risen and could lead to a test of 105.50 on the index and 1.06 or slightly higher on Read More