May 2024

FOREX The dollar Index broke above 105 and looks slightly bullish. The Fed minutes released on Wednesday highlighted concerns about inflation and uncertainty about when to ease rates. Members indicated a lack of confidence in moving forward with interest rate reductions, suggesting a more cautious approach to monetary policy. Euro tests support at 1.08 which Read More

After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 24-May-2024 Category Date Buy Value Sell Value Net Value FII/FPI 24-May-2024 11,564.19 12,509.02 -944.83 DII 24-May-2024 13,475.70 11,155.38 2,320.32 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 The dollar Index broke above 105 and looks slightly bullish. The Fed minutes released on Wednesday highlighted concerns about inflation and uncertainty about when to ease rates. Members indicated a lack of confidence in moving forward with interest rate reductions, suggesting a more cautious approach to monetary policy. Euro tests support at 1.08 which Read More

After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 23-May-2024 Category Date Buy Value Sell Value Net Value FII/FPI 23-May-2024 19,821.55 15,150.60 4,670.95 DII 23-May-2024 12,439.40 12,292.89 146.51 FII Derivatives Statistics Type BuyContracts BuyAmt (Rs. Cr) SellContracts SellAmt (Rs. Cr) Open InterestContracts Open InterestAmt (Rs. Cr) Index Futures 209,076 12,845 87,661 Read More

FOREX Dollar Index needs to break past 105 to become bullish towards 106-106.50, while Euro is testing our target of 1.0820/1.08, from where a reversal towards 1.09 is likely. EURJPY and USDJPY continue to move up targeting 170 and 157/158 respectively while volatility remains low. USDCNY has risen sharply past 7.24 and can now head Read More

After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 22-May-2024 Category Date Buy Value Sell Value Net Value FII/FPI 22-May-2024 16,061.42 16,747.46 -686.04 DII 22-May-2024 13,486.33 12,524.42 961.91 FII Derivatives Statistics Type BuyContracts BuyAmt (Rs. Cr) SellContracts SellAmt (Rs. Cr) Open InterestContracts Open InterestAmt (Rs. Cr) Index Futures 73,091 4,740 80,872 Read More

FOREX Dollar Index holds above 104 and could move up slowly to 105 while Euro may test 1.0850-1.0820 before reversing towards 1.09. EURJPY and USDJPY continue to move up targeting 170 and 157/158 respectively while volatility remains low. USDCNY is unable to sustain its rise past 7.24 and has dipped slightly. Aussie has held the Read More

After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 21-May-2024 Category Date Buy Value Sell Value Net Value FII/FPI 21-May-2024 17,681.01 19,555.55 -1,874.54 DII 21-May-2024 16,104.49 12,555.52 3,548.97 FII Derivatives Statistics Type BuyContracts BuyAmt (Rs. Cr) SellContracts SellAmt (Rs. Cr) Open InterestContracts Open InterestAmt (Rs. Cr) Index Futures 80,366 4,886 45,876 Read More

FOREX Dollar Index holds above 104 and could move up slowly to 105 while Euro may head towards 1.0820 before reversing towards 1.09. EURJPY and USDJPY continue to move up targeting 170 and 157/158 respectively. USDCNY is headed to 7.24, which if breaks would open door for a rise to 7.25. Aussie may rise if Read More

FOREX The sell-off in Dollar seen after the US CPI release has recovered partially. The US Initial Jobless claims came in lower at 222K (Prev 232K) while Industrial Production came out at a stable rate. The Dollar Index is headed towards 105 while the Euro can fall to 1.08 while respective support and resistance holds Read More