Nifty Morning Outlook on 19-01-2022
Nifty future opening expected to be negative in the range of 17917 – 17927.
| S2 | S1 | R1 | R2 | |
| Nifty Future | 17800 | 17900 | 18050 | 18130 |
| Bank Nifty Future | 37550 | 37800 | 38330 | 38500 |
USDINR Movement on 19-1-2022: INR Positive at 74.5000/USD (-0.1800 or -0.24%) on NSE
Trade Statistics on 19-1-2022: The turnover of cash and F&O in NSE
| Cash (Rs. Crores) | F&O (Rs. Crores) |
| 67,800.60 | 1,06,19,316.02 |
FII and DII activities in cash segment:
On 19-1-2022 FII net Sold equities worth Rs. -2704.77 cr., While DII net Sold equities worth Rs. -195.07 cr.
Stocks to watch:
JSW Energy
- The company’s net profit more than doubled to Rs 320 crore for the third quarter of the current fiscal when compared to the same quarter last fiscal. Total revenue also increased to Rs 1,984 crore from Rs 1,659 crore.
Mahindra & Mahindra
- India’s largest electric two-wheeler maker, Hero Electric has entered into a 5-year strategic partnership with the Mahindra Group, with an aim to more than double capacity to 1 million units by 2022.
News Flash:
- High oil prices boost commodity currencies, US dollar rally stalls.
- Asian shares rise as China cuts key mortgage rate.
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RAKHI PAWAR
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INDEX TRADING – BANGALORE
