Revised expiry date of all existing derivatives contracts shall be available in the contract file which shall be generated on April 03, 2025 end of the day which shall be applicable for trading on April 04,2025.
NSE shifts F&O expiry days of Index & stocks contracts to Monday effective from April 4,2025- Daily Market Update 5th March 2025
Overview and Outlook
Global Stock Market Today
- US equity markets settled lower in range 0.34% to 1.55%.
- European equity markets also ended lower in range 1.28% to 3.67%.
- Majority of Asian equity markets are trading on a psoitive note.
- GIFT Nifty is down by 45 points, Nifty futures likely to open around 22100 levels.
Nifty Overview & Outlook
Benchmark Nifty index settled on a flat note at 22083 levels after a lackluster trading session.
On the broader front, Mid cap index traded in line with the benchmark, down 0.06%, on the other hand, Small cap index outperformed the benchmark, rose 0.69%.
Performance on the sectoral front was mix. Nifty Media was at the top of the tally, gained 2.37% followed by PSU Bank index that rose 1.56%. On the flip side, Auto and IT index led the declines, fell 1.31% & 0.90% respectively.
Going ahead, we reiterate our negative view on Nifty index till it is trading in lower lows lower highs formation. On levels front, supports for Nifty index is placed around 21800-21680 levels and resistance are placed around 22450-22550 zones.
Derivatives Overview & Outlook
Nifty and Midcapnifty futures added 2.2% and 1.5% of open interest respectively as short buildup whereas short covering in Banknifty futures with decrease in open interest by 2.2%. On the other hand no meaningful activity were seen in Finnifty futures on open interest front.
Performance on the sectoral front was mix. Amongst them, Automobiles, FGCG and Technology stocks witnessed addition of short positions, whereas some long buildup was seen in Capital Goods, Finance, Infrastructure, Power and Realty stocks along with some short covering among Banking and Chemical stocks.
On options front, call writing along with some put writing was seen at multiple strikes and maximum positions are at 22500 CE and 21500 PE closely followed by 22000 PE.
Institutional Trading Activity
Yesterday, FIIs sold stocks worth Rs 3406 Cr in the cash segment, sold index futures worth Rs 37 Cr and sold stocks futures worth Rs 2763 Cr. DIIs were net buyers in the cash segment to the tune of Rs 4851 Cr.
Nifty Futures, Banknifty Futures and Finnifty Key Levels
Nifty – Resistances 22220-22320; Supports 22150-22080
Banknifty – Resistances 48800-49200; Supports 48350-48100
Finnifty – Resistances 23220- 23300; Supports 23040-22960
F&O Security in Ban Today: MANAPPURAM
Disclosure
Globe Capital Market Limited (“GCML”) is a Stock Broker registered with BSE, NSE, MCX, NCDEX, and MSEI in all the major segments viz. Capital, F & O and CDS segments. GCML is also a Depository Participant and registered with both the Depositories viz. CDSL and NSDL. Further, GCML is a SEBI registered Portfolio Manager and Research Analyst. GCML includes subsidiaries, group and associate companies, promoters, directors, employees and affiliates.
AY Securities and Commodities Limited, Globe Derivatives and Securities Limited & Globe Fincap Limited are subsidiaries of GCML. AtoZ Finstock Private Limited, A to Z Consultants Private Limited, A to Z Venture Capital Limited, M. Agarwal Stock Brokers Private Limited, A M Share Brokers Private Limited, Shri Adinath Advertising Company Pvt. Ltd., Orient Landbase Private Limited, Bolt Synthetic Private Limited, Price ponder Private Limited, Lakshya Impex Private Limited and Launchpad Fintech Private Limited are associates of GCML.
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