nifty 23/5/2022
pros
1. Dow last 30min short covering is remarkable (high)
2. Govt rate slashes on fuel by 5 and 10rs cut (very high)
3. key custom duty cut (medium)
cons
dow closure is not sure - since its expiry day (less impact)
govt rate cut - need to be given consumer, but OMC can use it as cushion (less impact)
FII selling stream (less)
pros
1. Dow last 30min short covering is remarkable (high)
2. Govt rate slashes on fuel by 5 and 10rs cut (very high)
3. key custom duty cut (medium)
cons
dow closure is not sure - since its expiry day (less impact)
govt rate cut - need to be given consumer, but OMC can use it as cushion (less impact)
FII selling stream (less)