PRE MARKET REPORT, APR 21, 2022

  • US Markets ended mixed on Wednesday Dow closing higher and Nasdaq closing 1.2% lower
  • Asian markets trading mixed
  • SGX Nifty indicating positive start with 90 points gain
  • FIIs net sold worth Rs 3,009.26 crore while DIIs net bought worth Rs 2,645.82
  • Nifty structure clears on close below 16,950 or above 17,315 for any directional move
  • Reliance has been strong follow through important for IT and HDFC twins for Nifty to scale above
  • Yesterday HDFC Bank ADR up 2% need to see if it can lead Bank Nifty
  • Nifty PCR 0.83