GIFT Nifty (earlier SGX Nifty) signals a negative start
GIFT Nifty on the NSE IX was trading 46.50 points, or 0.18 percent, lower at 26,130.50, indicating that Dalal Street was heading for a negative start on Friday.
- Technical representation: The support base has now shifted towards 26,000, which also coincides with the 21-DMA, while upside potential remains open towards the 26,300 level. Moreover, the India VIX is hovering near its all-time low around 9.40, providing reassurance to the prevailing bullish sentiment.
- India VIX: India’s VIX, a measure of market fear, fell 2% to 9.19.
Asian stocks gain
Asian shares rose in thin trading on Friday after Japanese and South Korean shares rose, while many regional markets remained closed for holidays. Silver climbed to a record and gold neared its all-time high.
- Futures on the S&P 500 were little changed at 9:29 a.m. Tokyo time
- Japan’s Topix rose 0.3%
Oil rises
Oil prices rose on Friday after the United States ordered greater economic pressure on Venezuelan oil shipments at the request of the Nigerian government and carried out airstrikes on Islamic State militants in northwestern Nigeria.
Shares in F&O ban today
Sammaan capital
Securities in the ban period under the F&O segment include companies in which the security has exceeded 95% of the market-wide position limit.
FII/DII action
Foreign portfolio investors sold net shares worth Rs 1,721 crore on Wednesday. DIIs, meanwhile, were net buyers at Rs 2,381 crore.Rupee
The rupee pared initial gains to end the day lower by 8 paise at 89.71 against the US dollar on Wednesday, fueled by continued capital withdrawals from foreign investors, besides increased demand for dollar from bullion importers.
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