Nifty Morning Outlook on 29-10-2020
Nifty future opening expected to be negative in the range of 11659 – 11669.
| S2 | S1 | R1 | R2 | |
| Nifty Future | 11560 | 11660 | 11790 | 11860 |
| Bank Nifty Future | 23780 | 24000 | 24300 | 24520 |
USDINR Movement On 28-10-2020: INR closed negative at 74.0725 /USD (+0.20 or +0.27%) on NSE
Trade Statistics on 28-10-2020: The turnover of cash and F&O in NSE
| Cash (Rs. Crores) | F&O (Rs. Crores) |
| 55,981.64 | 29,01,390.28 |
FII and DII activities in cash segment:
On 27-10-2020 FII net Sold equities worth Rs. -1130.98 cr., While DII net Bought equities worth Rs. 1.48 cr.
Stocks to watch:
Ajanta Pharma
- Company will consider share buyback proposal on November 3.
Cipla
- Cipla launched ELIFast (IgG ELISA test) for COVID-19 antibody detection.
News Flash:
- SBI signed a loan agreement of $1 billion with Japan Bank and other lenders for international cooperation.
- Pidilite Industries’s board approved acquisition of Huntsman Advanced for approximately Rs 2,100 crore.
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RAKHI PAWAR
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INDEX TRADING – BANGALORE
