{"id":535,"date":"2023-06-01T02:21:06","date_gmt":"2023-06-01T02:21:06","guid":{"rendered":"https:\/\/fintechcentre.in\/articles\/?p=535"},"modified":"2023-06-01T02:21:06","modified_gmt":"2023-06-01T02:21:06","slug":"things-to-notetradersinvestors-1st-june-2023-thurs8-20am","status":"publish","type":"post","link":"https:\/\/fintechcentre.in\/articles\/2023\/06\/01\/things-to-notetradersinvestors-1st-june-2023-thurs8-20am\/","title":{"rendered":"Things to note(Traders&#038;Investors): 1st June 2023 Thurs,@8.20AM"},"content":{"rendered":"<body>\n<ul class=\"wp-block-list\">\n<li>Asia markets mostly higher, as US debt ceiling bill heads to house floor, Nik,31168\/39\/0.55% Dj,32908\/-135\/-0.41% Vix17.94\/2.75% S&amp;P500 futures inch higher after house passes debt ceiling bill,BC 27128\/-700\/-2.52%<\/li>\n\n\n\n<li>Oil,67.96,settles lower on weak china data,\u00a0 Gold,1979.5,set for monthly loss on dollar strength, Fed rate hike bets, but firm, Bonds,3.654, Dollar,backs off high ater fed officials suggest skipping june raate hike,<\/li>\n\n\n\n<li>Nifty:18534.4\/-99.45\/-0.53%;Candle:OF,Short day red; Bank backs off high after fed officials suggest skipping june rate hike, Nifty:44128.15\/-308.2\/-0.69% Candle:OF,Short day red ; HB:1611,OGD,Short day red,<\/li>\n\n\n\n<li>Nifty :Supp Rest<\/li>\n\n\n\n<li>Banknifty:Supp Rest .<\/li>\n\n\n\n<li>SGX Nifty:18590\/-73\/-0.39%\u00a0 \u00a0 \u00a0FII Long54%FutCash;3406;Opt97%<\/li>\n\n\n\n<li>OI data Nifty \u00a0( max pain W18500M)<\/li>\n\n\n\n<li>OI data Bank Nifty Nifty(max pain W M)<\/li>\n\n\n\n<li>News:The SGX Nifty indicates a marginally lower start for the broader index with a loss of 74.5 points on Thursday. SGX futures stood at 18,587. <strong>India GDP numbers beat expectations, January-March growth at 6.1%<\/strong> , <strong>Govt proposes to offload 3% stake in Coal India via OFS at nearly 7% discount<\/strong>, <\/li>\n\n\n\n<li>Events\/Results:The National Stock Exchange has not added any stock to its F&amp;O ban list for June 1.<\/li>\n\n\n\n<li>Market wrap up(DWM,T,N,E):The market snapped a four-day winning streak on May 31, with the benchmark indices falling half a percent tracking correction in the global counterparts. The selling pressure was seen in banking &amp; financial services, oil &amp; gas, and metal stocks. The BSE Sensex fell 347 points to 62,622, while the Nifty50 declined 99 points to 18,534 and formed bearish candlestick pattern with long lower shadow on the daily charts, indicating buying interest at lower levels. The broader markets outperformed frontline indices as the Nifty Midcap 100 index was up 0.4 percent and Smallcap 100 index gained 1 percent. Hence, the overall sentiment remained bullish with the Nifty50 defending 18,500 mark. \u201cGoing ahead, with key global data points lined up and indicators in the overbought zone, some consolidation may occur within the key indices. However, the approach should remain positive, considering any further dips as buying opportunities,\u201d\u00a0 From a level perspective, he feels the zone of 18,450 \u2013 18,400 is a strong support area, while the immediate resistance is expected in the range of 18,650 \u2013 18,730 levels. Traders should keep an eye on these levels and trade accordingly for the weekly expiry session,<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"625\" height=\"543\" src=\"https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2023\/06\/image.png?resize=625%2C543&#038;ssl=1\" alt=\"\" class=\"wp-image-556\" loading=\"lazy\" srcset=\"https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2023\/06\/image.png?w=812&amp;ssl=1 812w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2023\/06\/image.png?resize=300%2C261&amp;ssl=1 300w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2023\/06\/image.png?resize=768%2C668&amp;ssl=1 768w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2023\/06\/image.png?resize=624%2C543&amp;ssl=1 624w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/figure>\n<\/body>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-535","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/comments?post=535"}],"version-history":[{"count":11,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/535\/revisions"}],"predecessor-version":[{"id":566,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/535\/revisions\/566"}],"wp:attachment":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/media?parent=535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/categories?post=535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/tags?post=535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}