The derivative market shows a change towards the upward feeling, as indicated by the growing relationships of lime and positions of position writers. | Photo credit: Istockphoto
The domestic capital market is expected to open with a firm note thanks to local signals. The NIFTY gift at 25,183 against the price of futures of 25,078 indicates a strong or 100 points. Analysts expect the short -term impulse to continue, but warns investors against the taking.
Swapnil Aggarwal, director of VSRK Capital, said: The current market update is promoted by strong corporate profits, global signals and interest of foreign investors. Optimism about economic growth, especially in India, has raised feeling with solid GST collections and high frequency indicators. Banking, infrastructure and welcome have shown strength, while the anticipation of stable interest rates and the continuity of the policy before the elections has been added to trust. “Global markets are firm with the hope of a soft landing for important economies and that adds to the impulse,” he said.
Derivative configuration has begun to bow in favor of bulls. “Put writers were busy building positions on higher strikes, which triggered a relaxed solid calls, a typical bass withdrawal sign. The call writers were seen changing up, confirming the pressure they are feeling,” he said DHUPESH DHAMEJA, Derivative Research Analyst, Samco Securities. The OI groups between 25,000–24,800 support this trend. The relationship of Calos Put (PCR) jumped abruptly from 0.73 to 1.08, showing a notable change in the manufacture of sentences Alcistas. Max Pain is currently parked at 24,850, insinuating that the market is still waiting for a decisive signal for the next section, he added.
The Vix of India fell another 1.93%, ending at 16.89. “That is a significant fall in the last four sessions. The cooling vix points to a reduction of fear and a calm of the nerves in the market. A lower volatility of the accompaniments of phases tendency, as especially when the bulls are gaining ground,” he said.
Meanwhile, Indian exporters began the fiscal year with a Buyer note with outgoing shipments in April 2025 to the increase of 9.03 percent (year after year) to $ 38.49 billion, led by engineering products, oil and electronic products. However, the commercial deficit increased to a maximum of five months of $ 26.42 billion as the increase in importance is shared. Imports increased 19.12 percent (year in year) to $ 64.91 billion in April
“The commercial merchandise deficit in April 2025 exceeded our expectations despite healthy growth in exports, partly because of the frontal load of crude oil imports in the middle of softest prices, as well as a strong increase in electronic merchandise,” said Aditi, said Aditi, said Aditi, said Aditi, said Aditi, an absolute size of the current account of the current account of the current account of the current account of the current account of the current account of the current account of the current account of FY2025 ADITI, said Aditi, said Aditi, an absolute size of the current account of today for Q1 Fy2025 to the United States. 14-16 billion. “The anticipated commercial gap with greater Hhan reflects the strategic purchases of crude oil, while prices remain favorable, along with a strong demand for electronic imports. Although exports maintained constant growth, these import factors promoted the expansion of deficit. Monitoring of the prices of the prices of the basic products and the internal demand patterns will be crucial in the coming months to evaluate the stability of the sector Indian external, added.
Meanwhile, global actions are mixed. Australian actions increase due to a rate cut, just although others in the region are low.
Posted on May 16, 2025