Trade setup for Monday 11 April 2022- Latest Market News
Trade setup for Monday– Good morning and welcome to the morning reports, the top things to know before the market opens today April 11, 2022.
Asian markets are mostly trading in the red on Monday ahead of US inflation data. Hang Seng and Shanghai are trading lower by 2.09 percent and 1.27 percent respectively while Nikkei is trading lower by 0.30 percent. The SGX Nifty is also trading lower by 53 points or 0.30 percent at 17843 levels at 7.25 am IST.
The indications getting from the other Asian market peers are negative, Indian stock markets are likely to open flat in a cautious mode.
The US and European market Indexes update
The US stock markets were closed mixed after a volatile session on Friday. Dow Jones gained 0.40 percent as buying was witnessed in Oil & Gas, Telecom, and Banking shares. S&P 500 and Nasdaq declined by 0.27 percent and 1.34 percent respectively on the back of selling in Technology and Industrials and Consumer Goods stocks on Friday.
European stock market indexes gained on Friday, as traders shrugged off the negative news about additional sanctions on Russia as well as the potential aggressive interest rate hikes from the US Fed. The financial and commodity stocks lead the rally and supported the European markets on Friday. The European market indexes FTSE and CAC gained 1.56 percent and 1.34 percent respectively while DAX was up by 1.46 percent on Friday.
Indian stock market updates
Indian stock markets closed higher on Friday, as the market sentiments got improved after the RBI policy was announced. The benchmark indices Sensex and Nifty closed higher by 0.70 percent and 0.82 percent respectively on the last trading day of the week. FIIs and DIIs both were sellers in the cash segment. FIIs sold Rs 575.04 crore while DIIs sold Rs 16.51 crores in the equity cash segment on Friday.
Securities Delivery Report
| Delivery Report Eod 08-04-2022 | ||
| Rank | Top 5 Scrips ( Rise in Price) | |
| Increase in DEL QTY | DEL Above 10DMA | |
| 1 | Bandhan Bank | Bandhan Bank |
| 2 | MFSL | Syngene |
| 3 | Syngene | Escorts |
| 4 | Cholafin | Marico |
| 5 | EicherMot | Cholafin |
| Delivery Report Eod 08-04-2022 | ||
| Rank | Top 5 Scrips ( Fall in Price) | |
| Increase in DEL QTY | DEL Above 10DMA | |
| 1 | RBL Bank | RBL Bank |
| 2 | Maruti | Maruti |
| 3 | GSPL | TechM |
| 4 | Manappuram | CanFin Home |
| 5 | TechM | Colpal |
Top news and updates you should know before the trade setup for Monday, April 11, 2022.
Finance Minister Nirmala Sitharaman will be meeting heads of public sector banks (PSBs) on 23 April. This will be the first full review meeting after the Union Budget 2022-23. The agenda of the meeting is to review the performance of the lenders and the progress made by them on various schemes launched by the government for the revival of the economy battered by the pandemic.
According to the RBI data released on Friday, India’s forex reserves slumped by $11.173 billion to $606.475 billion for the week ended April 1. This is the steepest weekly fall in the country’s forex reserves ever, as the currency came under pressure due to geopolitical tensions.
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Happy Investing!!
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