The NSE Nifty Future is trading at 10,763.50 with a loss of -0.07% percent or -7.85 point. The Nikkei 225 Future is trading at 21,490.00 with a loss of -0.97% percent or –210.00 point . The Hang Seng Future is trading at 28,034.00 with a loss of -0.04% percent or -12.00 point.
TODAY’S FACTORS AND EVENTS
The unexpected spike in the put-call ratio (PCR) of weekly Bank Nifty options, accompanied by a shedding of call open interest (OI) at key levels, increases the odds of the index rising by 150 points or more on July 5 due to fresh buying and short covering of calls and futures. Analysts expect traders to buy Bank Nifty futures or the 26500 call expiring on July 5 in case of a dip at opening or if the index opens flat.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,174.82 with a loss of -0.54% percent or -132.36 point. The S&P 500 is trading at 2,713.22 with a loss of -0.49% percent or -13.49 point. The Nasdaq Composite is trading at 7,502.67 with a loss of -0.86% percent or -65.01 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,546.99 with a loss of -0.78% percent or -170.05 point. Hong Kong’s Hang Seng is trading at 27,933.90 with a loss of -1.09% percent or -307.77 point. China’s Shanghai Composite is trading at 2,731.43 with a loss of -1.00% percent or -27.70 point. India’s BSE Sensex is trading at 35,563.48 with a loss of -0.23% percent or -81.92 point at 12:15 PM.