Key results in this week include ICICI Lombard, ICICI Prudential, Wipro, Angel One, Infosys, HDFC Life, HDFC AMC, HDFC Bank, ICICI Bank amongst others.
STATE OF THE MARKETS
- Tech View: “A major hurdle remains at 23,800. On the downside, immediate support lies at 22,300; a break below this could lead to a retest of the recent swing low near 21,700,” said Ajit Mishra – SVP, Research, Religare Broking.
- India VIX: India VIX, which is a measure of the fear in the markets, fell 6.1% to settle at 20.11 levels.
Stocks in F&O ban today
1) BirlaSoft
2) Hindustan Copper3) Manappuram4) Nalco
Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.
FII/DII action
Foreign portfolio investors turned net sellers at Rs 2,519 crore on Friday. DIIs bought shares worth Rs 3759 crore.
Rupee
The rupee surged 58 paise against the greenback to settle at 86.10 on Friday due to a sharp correction in the US dollar and a strong rebound in the domestic equity markets.
FII data
The net short of FIIs reduced from Rs 1.15 lakh crore on Wednesday to Rs 1.01 lakh crore on Friday.
