Dow futures are trading slightly higher despite higher US inflation data.
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No FOLLOW UP Buying? Post Market Report 26-Aug-26
The creator discusses unexpected market volatility, particularly the severe selling pressure on non-banking stocks like Reliance Industries and Airtel, attributing it to an upcoming MSCI rejection on August 31st. The creator notes that Reliance Industries is expected to face selling pressure until this event passes, and its price has been range-bound. The unusual trading patterns between 3:15 PM and 3:30 PM are highlighted as problematic for intraday traders, making option premiums erratic. The creator also observes a significant drop in Nifty future premiums over the last few months, indicating a bearish market sentiment.
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Tickers discussed in this post
NASDAQ futures are trading lower following higher-than-expected US inflation data.
S&P 500 futures are trading lower following higher-than-expected US inflation data.
Nifty futures are trading at a premium, suggesting a bullish attempt, but the market is struggling to retrace recent falls, indicating a lack of strong bullish conviction.
HDFC Bank has been trading in a tight range around 725 for the last six months, contributing to Nifty's lack of movement.
Reliance Industries is expected to remain under selling pressure until August 31st due to an MSCI rejection, and its stock has been trading in a tight range around 300 for the last six months.
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