What will be the mood of the stock market today? The recession will continue or the recession will continue, know before the opening bail
Friday last week After the policy of Reserve Bank of India (RBI), the stock market had returned a great rise. The Sensex jumped 746 points to close to 82 thousand. Today i.e. new week is starting from Monday. Will the market continue to strengthen this week or can a decline be seen? Market expert says that there are still signs of boom in the market. The Nifty will try to reach 25,500 once. Let us know which factor will be affected and how the trick can be affected today?
These factor will affect the market today
Technical View: A decisive breakout above 25,200 can be a new uptrend, which will gradually have a capacity to move towards 25,600–25,800 zones. At the bottom, the 24,400–24,600 range is expected to act as a strong support area during any corrective phase.
Signs of boom
The Nifty Put-Call Ratio (PCR), which reflects the market mood, reached 1.05 on 6 June, compared to 0.98 in the previous season. The growing PCR, or exceeding 0.7 or more than 1 means that investors are selling more put options than the call option, which usually indicates the strengthening of the market feeling. If the ratio falls below 0.7 or moves towards 0.5, it indicates that the sale in the call is higher than in sales in puts, which reflects the mood of recession in the market.
FII/DII
Foreign portfolio investors on Friday bought shares worth Rs 1,010 crore. Meanwhile, DII was a net buyer of Rs 9342 crore.
Rupee
On Friday, the Rupee recovered from initial loss after a deduct of 50 basis points in the repo rate to promote development by the Reserve Bank and closed 11 paise to close at $ 85.68.
India vix: India VIX, which explains the fluctuations in markets, fell 3% to 14.63 on Friday.
Global signal
On the global front, development in business talks and fluctuations in American bond returns will continue to affect investors’ spirit. Global uncertainties and tariffs related to tariffs can increase market volatility. According to Bazar analysts, the ongoing global uncertainty showed profits last week. Due to better income and evaluation, mid-and small cap performed better with large cap. Strong American job data and America-China business are slightly positive than expectations of lowering stress.
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