Domestic markets are likely to remain volatile in the midst of lack of domestic triggers. The focus has now shifted to the RBI Monetary Policy outcome that will be unveiled on Friday, at the end of the three-day deliberations of the Central Bank. According to analysts, the market has already discounted an interest rate reduction of 25 BPS.
Siddhartha Khemka, Head – Research, Wealth Management, Motilal Oswal Financial Services LTD, said: Optimism about a potential RBI speed reduction has been compensated by global concerns about trading rates and rising geopolitical tensions. The attention is likely to shift to monsoon-linked themes and interest-sensitive sectors such as PSU banks and real estate, in the midst of the hope that monetary relaxation could support the economic momentum.
Gift Nifty is currently ruling 24,725, while Nifty June Futures closed on Tuesday at 24,675, which points to marginal win for Nifty.
Also read: Watch out for these shares: Sun Pharma, Yes Bank, Ola Electric, CPCL, Vodafone Idea, where Renewable, Wipro, Tech Mahindra, IDFC First Bank, TVS Supply Chain, ONC, Vedanta
In the meantime, Emkay Global Research said in a note that it met a wide range of policy votes during a recent three -day trip to Delhi. “There is Strong Optimism about the Imminent Trade Deal with the US, With phase-1 Likely by Early July. There Seems to Be Better Preparedness to Capture A Large Chunk of the Global Pie, AS Global Trade and Supply Prventers A again, While Convention ACRENTS ACENTS ACVENTS ACVENTS ACVENTS ACVENTS ACVENTS ACVENTS ACVENTS ACVENTS ACVENTS ACVENTERITY Significant Policy Efforts at the Federal Level Are Underway to Ease Bottlenecks in the Factors of Production, and Enhance India’s Investment and Share in Global Value Chains (GVCS) is also seen as the current dynamic costs. Delays and limitations in the transfer of the real economy remain a policy problems, “said the Interior Broker.
However, the derivative market still indicates Beerarish Outlook.
According to Dhupesh Dhameja, derivative research analyst, Samco Securities, the option data reflects a bearish undertone. On-call writers have added a considerable open interest at nearby money, while man-writers gradually shift lower, which is careful.
“The PUT-CALL-RATIO (PCR) has fallen from 0.67 to 0.49, in which the sold-up area enters. Although these signals raised the Bearish sentiment, it also opens the possibility of short-term coverage. Max Pain is currently located at 24,650, which suggests that the expiration expiration expires the expiration.”
In the meantime, India Vix, the volatility index, broken down by 3.51 percent to 16.55, but remains above the psychological comfort zone of 15. “The elevated VIX levels continue to reflect the underlying market security and indicate the potential for irregular, whining-driven price action in the sessions that occurred,” he said.
The shares of the capital market are expected to remain in the spotlight, with improved liquidity across the board, powered by an increase in the participation of the retail trade, renewed FII intake and growing optimism around domestic shares, Khemka said. “With the Q4 winning season largely behind us, markets are expected to stay in a consolidation phase while participants focus on the most important macro trends and global signals,” he added.
Published on June 4, 2025
#Flat #opening #market #waiting #triggers