PRE MARKET REPORT, MAR 14, 2022

  • US Markets closed lower on Friday
  • Asian markets trading higher in the morning trades
  • SGX Nifty indicating negative opening with 75 points cut
  • FIIs net sold worth Rs 2,263.90 crore while DIIs net bought worth Rs 1,686.85 crore
  • FIIs continue to sell but has come down significantly
  • Nifty 20 DMA at 16,766 if taken out cant test 200 DMA of 16,950
  • Bank Nifty has shown signs of bouncing back 200 DMA at 36,000
  • HDFC Bank, Kotak Bank key for any upward move
  • Nifty PCR at 1.03