Pre-market report for Monday:
On June 3, it is anticipated that the benchmark Sensex and Nifty indexes will open a gap-up, with GIFT Nifty trends suggesting a gain of 628 points (2.77 percent) for the overall index.
On May 31, just before the release of GDP figures and the “Exit Poll” for the Lok Sabha general election, the market saw tremendous volatility. The Nifty was up 42 points, or 0.19 percent, at 22,530.70 at closure, while the Sensex was up 75.71 points, or 0.10 percent, at 73,961.31.
GIFT Nifty (Gain)
The Present On June 3, the Nifty is trading 628 points higher than the Nifty 50 close, suggesting a gap-up start to the day. At 06:50 AM IST, Nifty futures were trading at 23,316.
Asian Stocks (Achievement)
Monday’s trade on Asian markets was higher ahead of a private poll on China’s industrial industry.
The official figures released on Friday, which revealed an unexpected contraction in China’s manufacturing sector in May, will be followed by the Caixin manufacturing survey.
Know more: Asian Market Rally on cut expenses
Asian Currencies (Higher) pre-market report for Monday
In today’s trade, the Asian currencies were slightly up against the US dollar. Every currency had a negative return of between 2 and 10 percent during the previous year. Asian currencies were trading as follows at 06.50 IST.
CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
Indonesian Rupiah | 0.074 | 0.037 | -5.25 |
South Korean Won | 0.520 | -1.10 | -6.35 |
Taiwan Dollar | 0.065 | 0.518 | -5.65 |
Thai Baht | 0.177 | -0.128 | -6.82 |
Japanese Yen | 0.127 | -2.58 | -10.21 |
Philippines Peso | 0.277 | -1.19 | -5.27 |
Singapore Dollar | 0.074 | -0.44 | -2.22 |
Malaysian Ringgit | -0.042 | 1.4 | -2.40 |
China Renminbi | -0.126 | -0.011 | -1.95 |
FII and DII (Net Purchaser)
On May 31, domestic institutional investors purchased stocks worth Rs 2,114.17 crore, while foreign institutional investors (FIIs) emerged as net buyers on the last day of the month by purchasing Indian equities worth Rs 1,613.24 crore.
FII/DII (RS IN CR) | 31ST MAY | MTD | YTD |
FII Net Flows | 1,613.24 | -46,792.3 | -1,30,226 |
DII Net Flows | 2,114.17 | 55,739.4 | 2,03,092 |
LME Goods (Decline)
Early on Monday, LME commodity prices were down. Zinc lost the most, falling 3%, while aluminum and nickel each saw a decrease of over 2%.
CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
Aluminium | – 1.90 | – | 11.26 |
Nickel | -1.76 | – | 18.7 |
Copper | -0.94 | – | 17.3 |
Lead | -0.18 | – | 9.88 |
Zinc | -3.32 | – | 11.72 |
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