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PRE MARKET REPORT, AUG 12, 2021

  • US Markets, Dow Closed at record highs on back of inflation data
  • Asian markets are trading mixed
  • SGX Nifty indicating a flat opening with with 25 points gain
  • FIIs net bought shares worth Rs 238.14 crore while DIIs net purchased shares worth Rs 206.28 crore
  • Yesterday’s low of 16,162 now act as crucial support for near-term level
  • Advance/decline key to track, ended at 1:2 from 1:10
  • Midcap Index down 3.5%, Small Cap down 6% from peak Possible that market has 1 or 2 more sessions of shakeout
  • Weekly expiry today Options data suggests 16,350-16,400 range