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Showing posts with label Pre- Market analysis. Show all posts
Showing posts with label Pre- Market analysis. Show all posts

Tuesday, May 23, 2023

Pre- Market analysis 23th May

Pre- Market analysis 23th May

-  Bulls have dominated and Indian equity markets rallied 2nd consecutive day
-  Nifty was opened 18200 and rallied up to 18335
-  Sensex was up 234 points or 0.38% at 61,963.68
- Nifty was up 111 points or 0.61% at 18,314.4
-  Adanient & Adaniports have contributed around 60 points to lift the index
-  midcap index added 0.7 percent and the smallcap index 0.4%
- BPCL net profit zooms 159% YoY to Rs 6478 crore
-  FIIs net bought 922 crore while DIIs net bought 605 crore on May 22
- NCLT (Natioanal Company Law Tribunal) has ordered to NSE BSE to revies Sony-Zee merger
-  VEDL declared first interim dividend of Rs 18.50 for FY 2024. Record date of May 30
- VEDL already paid interim dividend os Rs 101.50 through FY 2023-2024
-  US president & Speaker MCCarthy meeting ends with no deal on debt ceilling
-  US Futures higher following a mixed close for the cash market
- Dow declined 0.42%, Nasdaq added 0.5% and S&P500 ended flat note
- US VIX ended 17.20
- US 10-year yield rises to 3.72%
-  Crude inches higher on rise in US gasoline futures
-  Brent crude above $76/bbl
- Gold prices fall to $1960/oz as FED Hawkish comments on weigh dollar
- Asian markets higher in early morning
- Nikkei & Kospi higher 0.5% and Hangseng at flat note