September 2024

FOREX The Dollar index gained strength, and Euro came down after the weaker business activity reports in the euro zone economy. The index needs to see a rise past 101 to turn bullish towards 102 in the coming sessions, while Euro can trade within 1.1070-1.12. USDJPY and EURJPY are coming off contrary to our view Read More

After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 23-Sep-2024 Category Date Buy Value Sell Value Net Value FII/FPI 23-Sep-2024 12,094.89 11,690.47 404.42 DII 23-Sep-2024 11,666.36 10,643.72 1,022.64 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 needs to see a rise past 101 to turn bullish towards 102 in the coming sessions while Euro can trade within 1.1060-1.12. USDJPY and EURJPY can test 145/146 and 162 in the near term. Aussie needs to see a rise past 0.6850, else may fall back towards 0.67/66. The pound could Read More

FOREX Initial advances seen in the Dollar after the FOMC rate cut were limited as the index fell back to 100.50. It could test 100.50-99.50 before bouncing back. Euro could trade within 1.1060-1.12 for now and delay our expected fall to 1.10-1.0950. USDJPY and EURJPY could not break above 144 and 160 respectively and have Read More

After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 20-Sep-2024 Category Date Buy Value Sell Value Net Value FII/FPI 20-Sep-2024 59,452.33 45,388.28 14,064.05 DII 20-Sep-2024 16,987.42 21,414.50 -4,427.08 FII Derivatives Statistics Type BuyContracts BuyAmt (Rs. Cr) SellContracts SellAmt (Rs. Cr) Open InterestContracts Open InterestAmt (Rs. Cr) Index Futures 206,787 13,897 71,186 Read More

FOREX Initial advances seen in the Dollar after the FOMC rate cut were limited as the index fell back to 100.50. It could test 100.50-99.50 before bouncing back. Euro could trade within 1.1060-1.12 for now and delay our expected fall to 1.10-1.0950. USDJPY and EURJPY could not break above 144 and 160 respectively and have Read More

After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 19-Sep-2024 Category Date Buy Value Sell Value Net Value FII/FPI 19-Sep-2024 17,852.32 20,399.85 -2,547.53 DII 19-Sep-2024 16,234.69 14,221.83 2,012.86 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 FED cut rates by 50bps in line with market expectations taking the key interest rate down from 5.50% to 5.00%. The markets expect another 50bps rate cut by the end of the year. The risks of balancing inflation and unemployment seem to be in place as indicated by the FED statement. As the Read More

After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 18-Sep-2024 Category Date Buy Value Sell Value Net Value FII/FPI 18-Sep-2024 11,654.00 10,500.31 1,153.69 DII 18-Sep-2024 11,794.51 11,642.20 152.31 FII Derivatives Statistics Type BuyContracts BuyAmt (Rs. Cr) SellContracts SellAmt (Rs. Cr) Open InterestContracts Open InterestAmt (Rs. Cr) Index Futures 71,676 5,306 54,441 Read More

FOREX The Dollar Index is holding well above the support at 100.50, which if holds can take it higher towards 101.50 in the near term. A better directional clarity could be expected post the FOMC meeting scheduled today. Euro has resistance between 1.1150-1.12 which suggests a limited upside for the pair. USDJPY and EURJPY needs Read More