PRE MARKET REPORT, DEC 06, 2021

  • US Markets closed lower on Friday
  • Asian markets trading cautiously in early hours of trade
  • SGX Nifty indicating a flat opening with 25 points gain
  • FIIs net sold shares worth Rs 3,356.17 crore while DIIs net bought shares worth Rs 1,648.79 crore
  • Call writing seen at 17,200-17,500 strikes for weekly and monthly
  • Nifty first support 17,150, make or break level recent low of 16,780
  • Bank Nifty defended first test of 200 DMA
  • Bank Nifty at 36,200 and 200 DMA at 35,700