PRE MARKET REPORT, JUNE 01, 2021

  • US markets were closed yday
  • Asian markets are trading mixed
  • SGX Nifty indicating a gap-up of 60 points
  • FIIs net bought shares worth Rs 2,412.39 crore and DIIs net bought shares worth Rs 179.78 crore
  • Second consecutive day both FIIs and DIIs are net buyers
  • RIL has already run up about 10% in last few trading sessions
  • FII long exposure in Index futures stands at 86% above 80% for last few trading sessions
  • Nifty volatility index is keep going down that means range may also go down
  • Nifty may trade between15680-15500 very short range of 120 points