PRE MARKET REPORT, MAY 26, 2021

US markets closed marginally lower on Tuesday Asian markets trading mixed SGX Nifty indicating a negative opening of about 35 points Nifty Future closed on discount compared to spot on Monday and yesterday Nifty Future closed significantly higher premium about 30 points to spot We can expect Nifty Future premium to come down today even […]

PRE MARKET REPORT, MAY 25, 2021

US markets closed higher after Fed officials reiterated that they expect transitory rather than lasting price pressure from US economic reopening Most Asian markets are trading in positive territory SGX Nifty indicating a gap-up of 100 points FIIs net bought shares worth Rs 585.36 crore while DIIs net sold shares worth Rs 707.69 crore India[…..]

PRE MARKET REPORT, MAY 24, 2021

US stocks ended mostly lower on Friday Asian shares got off to a cautious start on Monday as investors anxiously awaited a key read on U.S. inflation this week for guidance on monetary policy SGX Nifty indicating a negative opening by around 40 points FIIs net bought shares worth Rs 510.16 crore while DIIs bought[…..]

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[…..]