PRE MARKET REPORT, APRIL 7, 2021

US markets closed mixed with DOW up and Nasdaq down SGX Nifty is showing almost 180 points higher There is no reason for such a big gap up US Bond yield down to 1.66, Dollar Index at 92.32, Crude is not down significantly Market may continue extreme volatility in a range Indian markets being suppressed […]

PRE MARKET REPORT, APRIL 6, 2021

US markets closed at all time high. but Asian markets are not sharing that optimism SGX Nifty is slightly down Yesterday FIIs have sold for about Rs 932 crores in Cash market and DIIs have bought just for Rs 75 crores FIIs sold aggressively in Index futures, add fresh shorts Yesterday’s price action gives a[…..]

PRE MARKET REPORT, APRIL 5, 2021

Dow futures up 200 points due to strong US Jobs data Many Asian markets are closed SGX Nifty hit a high of 15020 but corrected US Dollar is likely to strengthen That could be one reason why SGX Nifty is lower RBI policy is on Wednesday, RBI is expected to maintain the status quo We[…..]

PRE MARKET REPORT, APRIL 1, 2021

SGX Nifty is higher, indicating about 80 points gap up FIIs net sell Rs 1686 cr, large part possible in last 30 minutes HDFC twins saw big selling in last 30 minutes Delivery volume of Rs 1200 cr in HDFC Bk, Rs 900 cr in HDFC Massive Call writing yesterday at 14,800, premium 34 Once[…..]