PRE MARKET REPORT, APRIL 20, 2021

US markets came under profit booking, Asian markets are mixed SGX Nifty is higher by about 80 points DIIs have bought for more than Rs 2000 crores Bank Nifty is likely to be more volatile Nifty Future took support between 14200 and 14300 on multiple times Since tomorrow is a holiday, we can expect today’s […]

PRE MARKET REPORT, APRIL 19, 2021

US markets closed at record high on Friday, Asian markets are mostly higher But SGX Nifty is down by about 200 points Since last two weeks, markets fell more than 400 points on Mondays, SGX Nifty is trading with caution Corona cases hit the highest one day rise HDFC Bank results seems to be below[…..]

PRE MARKET REPORT, APRIL 16, 2021

US markets closed at another record high But Asian markets are mixed SGX Nifty is slightly lower WIPRO ADR is up 7.5%, After huge profit booking, TCS recovered yesterday Except Infosys, all other IT stocks are doing wel HDFC Bank this Saturday and ICICI Bank next Saturday results. In weekly options, 14000PE added huge OI[…..]

PRE MARKET REPORT, APRIL 15, 2021

As usual, US markets ended mixed, Asian markets are also mixed Yesterday Infosys came out with results, But Infosys ADR is down by 6% Infosys usually make big move after results Infosys announced buy back, people thought they will buy from retail investors at a fixed price through tender But they decided to buy from[…..]