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Morning Brief | 27th Jan. 2020 | share market news today


Morning Brief | 27th Jan. 2020 | share market news today


Benchmark Index Nifty expected to open on negative nodes as SGX Nifty trading at 12160 (-110) in early morning around (08:50 AM), Nifty support levels at 12150/12100 and resistance levels at 12230/12250. The bearish mood will activate only below 12100 and it
can accelerate towards 11900 marks. The market remains highly volatile. Advice to keep maintain strict stop loss for any position.

Bank Nifty Support at 30900-30800 and resistance at 31250- 31400. The bearish mode will activate only below 30800 and can accelerate towards 30200 marks.

Sensex Support at 41200-41100 and resistance at 41550-41700. The bearish mode will activate only below 41100 and can accelerate towards 40500 marks.


Major Currency Pair - USDINR (71.24), EURINR (78.69), GBPINR (93.51), JYPINR 100 (65.04).

World Markets- DOW Jones 28989.73 (-170.36), NASDAQ 9314.71 (-87.57), DAX 13576.78 (+188.26), FTSE 7585.98 (+78.31) CÁC 6024.26 (+52.47).

Derivative Position (Open Interest wise)

Long Build-up - CUMMINSIND (+18.75%), BATAINDIA (+12.24%), EQUITAS (+10.43%).


Short Covering – L&TEH (-11.27%), PFC (-10.86%), YESBANK (- 5.87%).


Short Build-up ADANI ENT (+9.51%), MUTHOOTFIN (+8.95%), BIOCON (+6.99%).


Long Unwinding RBLBANK (-6.57%), APOLLOHOSP (-4.96%), JUSTDIAL (-4.95%).



Market Statistics

Yesterday Trading Activity - In Friday's trade, foreign institutional investors (FIls) bought worth 659 Crore compared to domestic institutional investors who bought share worth 418 crores in Indian equity market.

Securities in Ban period - YESBANK.

Results - DCMSHRIRAM, DR REDDY, HDFC, MAH LIFE, ORIENTPPR, PFS, TTKPRESTIG, WOCKPHARMA.


Events - USA Core durable goods order (19:00 IST), CB Consumer


Stock in Action


Bullish - ULTRACEMCO, BRITANNIA, TECHM.
Bearish – POWERGRID, INDUSINDBK, TATAMOTORS.

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