• Comments Off on PRE MARKET REPORT, DEC 02, 2021

PRE MARKET REPORT, DEC 02, 2021

  • US Markets fell more than 1% on Wednesday on back fear from new Carona variant
  • Asian markets also trading negative
  • SGX Nifty indicating gap-down of around 70 points
  • FIIs net sold shares worth Rs 2,765.84 crore while DIIs net bought shares worth Rs 3,467.02 crore
  • FIIs have been selling in huge numbers but at the same time DIIs are supporting so far
  • Weekly expiry today and markets expected to be very volatile
  • Nifty has been trading very violently between 17,000 and 17,300 with huge volatility
  • Nifty PCR 1.09 and Bank Nifty PCR 0.93