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 Hindalco will be coming up with results today
  • FIIs buy 71cr, DIIs sell 876cr in cash
  • Nifty might trade between 14700-15300 in coming days