PRE MARKET REPORT, MAY 21, 2021

US markets closed on a positive note after three days Asian markets trading higher following overnight bounce in Wall Street SGX nifty indicating a gup-up 100 pts SBI earnings today, strong quarter expected delivery buying yesterday in SBI ahead of earnings Delivery selling in metal stocks yesterday 800cr selling in Tata Steel JSW Steel and […]

PRE MARKET REPORT, MAY 20, 2021

US market closes with cut in a roller-coaster session as crypto market whipsaw Asian markets largely lower in trade, Hang Send more than 150 points off highs SGX Nifty indicating positive opening with a 22 points gain Expiry day today expect huge volatility Nifty/Banknifty 20 May 21 Nifty : 15030Rest: 15160 & 15230Sup: 14975 &[…..]

PRE MARKET REPORT, MAY 19, 2021

US markets closed 260 points SGX Nifty indicate a negative opening for the index in India with a 79 points loss. Wholesale price Index (WPI)-based inflation, which in April touched an 11-year high of 10.49 percent, is expected to remain high in the coming months due to a low-base effect and sustained high commodity prices[…..]

PRE MARKET REPORT, MAY 18, 2021

US markets recovered from lows as investor bet on Cyclical stocks SGX Nifty indicating a gap-up of 150 points Foreign institutional investors (FIIs) net sold shares worth Rs 2,255.84 crore, while domestic institutional investors (DIIs) net bought shares worth Rs 1,948.48 crore India Covid cases falls below 3 lakhs boost sentiments Tata Motors will be[…..]