PRE MARKET REPORT, APR 19, 2022

  • US Markets closed lower after choppy sessions
  • Asian market slightly trading in positive
  • SGX Nifty indicating flat start with 27 points gain
  • FIIs net sold shares worth Rs 6,387.45 crore while DIIs net bought worth Rs 3,341.96 crore
  • Heavy FII selling in bluechips indicates pain
  • Nifty managed to defend crucial 200 DMA yesterday
  • Bank Nifty trading at 20, 50 and 200 DMA
  • Bank Nifty has been relatively stronger despite fall in HDFC Bank
  • Nifty PCR 0.76