- US Markets ended lower on Friday
- Asian markets trading lower
- SGX Nifty indicating huge gap-down of over 400 points
- FIIs net sold worth Rs 7,631.02 crore while DIIs bought Rs 4,738.99 crore
- Brent crude surges to $130/bbl Dollar Index trading above 99 mark
- Nifty has now now opened gate towards 15,600 and Bank Nifty has opened channel towards 31,000
- Nifty Put Call ratio at 0.85, bounce happens around 0.7
- Banking stocks will be under pressure as most of the Bank ADRs are down 4-7% on Friday
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