PRE MARKET REPORT, JULY 12, 2021

US markets closed on record highsAsian markets are trading higherSGX Nifty indicating a positive start of about 45 pointsFIIs net sold shares worth Rs 1,124.65 crore while DIIs net bought shares worth Rs 106.55 croreLooking at OI Nifty may trade between 15700 to 15900Focus will turn to Infosys and has the habit of making violent […]

PRE MARKET REPORT, JULY 09, 2021

US markets fell on Thursday after scaling new highs Asian markets are trading negative SGX Nifty indicating a negative opening with cut of 50 points India VIX moved up by 11.06% to 13.56 Nifty PCR OI fell from 1.25 to 1.06 Bank Nifty PCR OI fell from 1.27 to 0.85 Nifty range 15600 to 15850-15900[…..]

PRE MARKET REPORT, JULY 08, 2021

US markets closed on a positive note yesterday Asian markets trading mixed SGX Nifty indicating a negative opening of 52 points loss FIIs net bought shares worth Rs 532.94 crore while DIIs net sold shares worth Rs 231.80 crore Globally markets are consolidating on positive bias If we look at Nifty it closed around 15800[…..]

PRE MARKET REPORT, JULY 07, 2021

US Markets closed negative Asian markets are trading mixed Global cues challenging, SGX Nifty indicates weak opening Nifty saw profit taking after being 1 point away from peak Nifty might see some buying if 15,750 is respected Bank Nifty up 2.2% this week, has some momentum FII selling continues but ferocity of selling is down[…..]