By theindianinvestor 
20 November 2204
time : 3pm IST
Insights :
1) Russia-Ukraine Conflict Update
- Russia has confirmed that Ukraine was hit with U.S.-made long-range missiles, escalating tensions in the region.
2) FII and DII Activity in Indian Markets (November 19)
- Foreign Institutional Investors (FIIs) sold more than ₹3,000 crores.
- Domestic Institutional Investors (DIIs) purchased over ₹2,700 crores, helping stabilize the markets.
3) European Market Performance
- European markets are trading marginally in green.
4) Gold and Crude Oil Prices Surge
- After few days of decline, both gold and crude oil prices spiked due to the Russia-Ukraine developments.
- Gold surged nearly 2%, while crude oil prices rose by 3%, reflecting uncertainty in global markets.
5) U.S. Futures Update
- U.S. futures are currently trading in green.
6) Local Market Events and Volatility
- Markets are expected to be highly volatile due to:
- Political developments in Maharashtra, a key state for the NDA.
- Exit polls for Maharashtra and Jharkhand, scheduled to be released post 6:30 PM.
- Weekly expiry of derivatives adding to the market turbulence.
7) GIFT Nifty Outlook
- GIFT Nifty is indicating a higher opening, with a 60-70 point gain expected as of now .
8) NTPC Green IPO Update
- The IPO was subscribed 33% on Day 1.
- The grey market premium remains flat, suggesting a neutral listing.
9) Key Resistance for Nifty
- Significant Open Interest (OI) was added to Nifty 23,800 CE (Call Option) for the weekly expiry, which could act as a resistance level.
10) Nifty 50 Technical Levels
- Nifty 50 is trading at its 200-day moving average, historically a critical support level for the index.
11) Waree Energies Results
- Disappointing Q2 results led to a 7% drop in the stock on Monday.
- However, the investor presentation highlighted positive future prospects:
- A strong order book of nearly 20 GW.
- Potential entry into adjacent business segments, signaling growth opportunities.