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FII And PRO Have Created 1.9 Lakh Contracts Short Position In Current Expiry, This May Drag Markets Down Again
Stock Market Today – 3rd October 2019
FII & PRO have created short position in last 3 days for more than 1.9 lakh contracts indicating a further weakness in the market. The October monthly expiry has started on 26th of Sep 2019 on which the FII & PRO have negative position of 1 lakh contracts and till 1st Oct 2019 the position stands at 2.98 lakhs contracts. Selling will be confirmed after, the crucial support for Nifty which is 11247 (previous day low of the Index) breaks and Smallcap Index breaks 5400 levels.
Tracking an Event: RBI will announce its monetary policy on 4th Oct 2019.
For detailed Nifty Trend and FII & PRO position please download our app “Value Stocks”.Sector Analysis:
Last day market remained negative. All the major and minor sectors ended in red followed the market sentiment.
Top 5 companies are Reliance Power (15.91%), Escorts (5.02%), Narayana Hrudayalaya (4.82%), Thomas Cook India (4.51%) and Somany Ceramics (3.78%).
The US 10 Year T-Note is trading at 131.20. The Bond has crucial support at 117.42 made on 5th Nov 2018. The US Dollar Index is trading at 98.697.

Sector performance as on 1st Oct, 2019

Small Cap Gainers as on 1st Oct, 2019

Large Cap Gainers & Losers as on 1st Oct, 2019

Mid Cap Gainers & Losers as on 1st Oct, 2019DISCLAIMER:
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