PRE MARKET REPORT, APR 25, 2022

  • US Markets tumbled on Friday on fear aggressive near-term interest rate rises
  • Asian markets fell taking cues from US markets
  • SGX Nifty indicating gap-down opening with more than 240 points cut
  • FIIs net sold worth Rs 2,461.72 crore while DIIs net bought worth Rs 1,602.35 crore
  • FIIs selling again, in cash and in futures
  • For Nifty, Tuesday low and close important levels
  • Tuesday low of 16,824 and close of 16,958 levels to defend
  • Bank Nifty weak, closed at monthly lows
  • ICICI Bank numbers strong need to see if it can help curtail the fall
  • Nifty PCR 0.91