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PRE MARKET REPORT, AUG 03, 2021

  • US Markets closed marginally lower on Monday
  • Asian markets trading lower as Delta variant of caronavirus spread
  • SGX Nifty indicating negative opening with 35 points cut
  • FIIs net sold shares worth Rs 1,539.88 crore while DIIs net purchased shares worth Rs 1,505.82 crore
  • Nifty once again in the top end of the recent range
  • Yet another fresh high for Midcap Index, up 35% this year
  • PSU banks will be in focus today, SBI will be declaring results tomorrow
  • Bank Nifty continues to underperform courtesy HDFC Bank