top of page


Today's Market Influencer :

Today Movement - Neutral to Negative

USA markets are negative as 19 cases are disclosed by the government and they mention that situation can get bad before it is controlled & China is positive as the number of death reports are lowest in many weeks . The oil prices are at $52.15/bbl(-1.23%) as spread of virus becomes more global and refineries do 25% lower runs with credit issues for new oil purchases. USDINR at 71.58(0.00%) FII selling becomes more severe as ETF outflows increase but lower crude controls the currency.

Important close levels - 11539/12295

Stock of the Day :

RITES Ltd. - SELL - Stop Loss 330 & Target - 308/297

(IMP : Do not trade if opens at Stop loss/Target levels)

GoI to sell 5% of equity via OFS with floor price being set at 298. This will put negative pressure on liquidity available of the company.

We would be negative for intraday trade.


bottom of page