PRE MARKET REPORT, MAY 07, 2021

US markets closed at another record high Asian markets are positive SGX Nifty is higher by about 65 points Today HDFC is set to declare results, HDFC Twins will be in focus FIIs are 51% long and 49% short in Index Futures They are 59% long and 41% short in Stock Futures As long as […]

PRE MARKET REPORT, MAY 06, 2021

Dow at another record but Nasdaq was down for 4 straight days Asian markets are higher SGX Nifty is up by about 70 points Considering the fact that FIIs keep selling everyday and both FIIs and DIIs have both sold in Cash market yesterday, this gap up really surprising Bloomberg, “India’s stock market is on[…..]

PRE MARKET REPORT, MAY 05, 2021

US markets ended mixed, Nasdaq was down, Dow was up Asian markets are mixed Yesterday FIIs sold for Rs 1700 crores SGX Nifty hit a low of 14371, But right now it is trading around 14580 Main reason: RBI Governor speaking to Media, Bank Nifty will be in focus as RBI Governor is expected to[…..]

PRE MARKET REPORT, MAY 04, 2021

US markets ended mixed with Nasdaq down, Asian markets are also mixed SGX Nifty is down by 30 points Yesterday markets saw dramatic recovery from low levels The recovery cam without any institutional support FIIs have sold for about 2300 crores in Cash market, But DIIs have bought for about 550 crores in Cash market[…..]