Asia markets mixed ahead of loan prime rate decision, Nik,33253/-114/-0.34% Dj,34299/-109/-0.32% Vix 14.2/ 4.8% US stock futures inch lower as investors kick off holiday shortened week of trading,
Oil,71.3,slides more than 1$ on china growth uncertainties, Gold, 1962.3,ticks lower ,traders assess fed rate trajectory, Bonds, 3.818, Dollar,drifts as traders weigh rate path, yen fragile,BC26938/308/1.2%
Nifty:18755.45/-70.55/-0.37%;Candle:OGU,Long day red; Bank Nifty:43633.75/-304.4/-0.69% Candle:OF,Long day red ; HB:OGu,Short day green,1605,
Events/Results:The National Stock Exchange has added Hindustan Aeronautics to its F&O ban list for June 20, and retained Delta Corp, Indiabulls Housing Finance, India Cements, L&T Finance Holdings, Manappuram Finance, Tata Chemicals, and Zee Entertainment Enterprises to the list.
Market wrap up(DWM,T,N,E):There was some correction after a day of rally on June 19, and as a result, the benchmark indices were off their record closing high. Weakness in global counterparts weighed on the sentiment. Also, the fall in banks, auto, FMCG, and oil & gas stocks dragged the market down. The BSE Sensex plummeted 216 points to 63,168, while the Nifty50 shed 71 points to 18,756 and formed a Dark Cloud Cover kind of pattern on the daily charts, which is a trend reversal pattern to the downside. “The index has formed Dark Cloud Cover on the daily charts which is a small reversal pattern in nature suggesting further downside till 18,600 can be seen once it breaches Monday’s low in the next trading session,” The broader markets outperformed benchmarks despite negative breadth, as the Nifty Midcap 100 and Smallcap 100 indices closed with moderate gains.India VIX – the fear index – increased by 3.55 percent from 10.84 to 11.23 levels, favouring bears and giving discomfort to bulls.
