- 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 if Nifty goes up
- FIIs net bought shares worth Rs 959.77 crore and DIIs net sold shares worth Rs 563.59 crore
- Today BPCL, Berger and Manapuram are coming up with results
- Nifty to move up requires HDFC Twins and Reliance to participate for Nifty to reach new highs
- Nifty may trade between yesterdays range of 15160 to 15300
Nifty/Banknifty 26 May 21
Nifty : 15208
Rest: 15350 & 15450
Sup: 15145 & 15100
PCR: 1.05
Banknifty LTP: 34662
Rest: 34950 & 35400
Sup: 34255 & 34050
PCR: 0.77