Nifty 8638/Sensex 27941/Bank Nifty 19556
31 Advances/20 Decline/0 Unchanged
"Mkt consolidating at current levels, good for near-term: Expert"
From the highs of 8952 and 29,045 back in September, major Indian equity benchmarks Nifty and Sensex have traded range-bound, not being able to break their all-time highs.
For the near-term this consolidation is good and the focus is going to be on global events
"Wall Street falls as FBI to review more Clinton emails"
The Dow Jones industrial average fell 8.29 points, or 0.05 percent, to 18,161.39, the S&P 500 lost 6.6 points, or 0.31 percent, to 2,126.44 and the Nasdaq Composite dropped 25.87 points, or 0.5 percent, to 5,190.10.
US stocks declined in a volatile session on Friday but were able to partially recover from a sharp drop spurred by news the FBI will review more emails related to Democratic presidential candidate Hillary Clinton's private email use.
Each of the three major indexes on Wall Street fell to session lows, with the S&P 500 dropping 1 percent in an hour, after FBI Director James Comey said in a letter to several congressional Republicans the agency had learnt of the existence of emails that appeared to be pertinent to its investigation. The US election is scheduled to take place in 11 days, on November 8.
FII/FPI & DII trading activity on NSE, BSE and MSEI
-FII/FPI trading activity on NSE, BSE and MSEI on Capital Market Segment
The following is combined FII/FPI trading data across NSE, BSE and MSEI collated on the basis of trades executed by FIIs/FPIs
FII/FPI trading activity on NSE,BSE and MSEI in Capital Market Segment(In Rs. Crores)
Category:FFI/FBI Date:28 oct-16 Buy Value: 4634.23 Sell Value: 5411.81 Net Value: -777.58
-Domestic Institutional Investors trading activity on NSE, BSE and MSEI on Capital Market Segment
The following is combined Domestic Institutional Investors trading data across NSE, BSE and MSEI collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System
DII trading activity on NSE,BSE and MSEI in Capital Market Segment(In Rs. Crores)
Category:DII Date:28 oct-16 Buy Value: 2926.42 Sell Value: 1802.34 Net Value: 1124.08
OUR DIWALI PICS
-We Recommended Buying KEC International around 124 as Our Diwali Mahurat Pick. It made a high of 128.10. CMP 127.05
We Recommended buying Tech Mahindra around 430 as Our Diwali Mahurat Pick.
Today it made a high of 436 CMP 435.15
Now what to expect???
Key Results On Tuesday
Astra Microwave
Indowind Energy
Majesco
VST
Technical Levels for Majesco:
Majesco has immediate support at 430--426. If mentioned level are not sustained and breached negatively then we will see more panic as lower support at 416--410.
Immediate resistance is intact at 440. Above 440 it may find upside strength if mentioned resistance level are breached positively.
Key Upcoming Weekly Results
CENTURYPLY
SUNDARMFIN
HTMEDIA
OUDHSUG
UPERGANGES
AMBUJACEM
BERGEPAINT
GEOJITBNPP
LALPATHLAB
MONSANTO
WHIRLPOOL
APCOTEXIND
GATI
PFIZER
RADICO
TITAN
UBL
Nifty future levels
-Nifty has immediate support at 8600 and resistance is at 8670
A move and sustain below 8600 will take to test its lower support of 8530---8480. It will be positonally weak on
close below this level 8450
Break and sustain above 8670 will take it to its next hurdle at 8730---8780 and then to 8850 mark in days to come.
