• Comments Off on PRE MARKET REPORT, DEC 08, 2021

PRE MARKET REPORT, DEC 08, 2021

  • US Markets closed with strong gains on Tuesday
  • Asian markets trading mixed
  • SGX Nifty indicating a gap-up of 100 points
  • FIIs net sold shares worth Rs 2,584.97 crore while DIIs net bought shares worth Rs 2,605.81 crore
  • Index futures: FIIs add 15,000 longs, cover 11,400 shorts
  • Index options: FIIs sell 53,000 Puts, major writing at 17,200
  • Any close above 17,402 will confirm start of fresh uptrend
  • As of now Nifty 7,150 becomes support level
  • Bank Nifty defends 200 DMA again and could be volatile due to RBI monetary policy today
  • Nifty PCR 1.07 and Bank Nifty PCR 0.91