PRE MARKET REPORT, FEB 04, 2022

  • US Markets fell after four days of winning streak
  • Facebook was down 24% when India was trading and now Amazon up 14% in after hour
  • Asian markets trading mixed in the morning
  • SGX Nifty indicating flat start with 40 points gain
  • FIIs net sold shares worth Rs 1,597.54 crore DIIs net offloaded shares worth Rs 370.58 crore
  • FIIs net sell again in cash and Index futures
  • Nifty has huge support at 50 DMA zone of 17,400-17,450
  • SBI results tomorrow last hour of trading will be of BankNifty
  • Looking at OI 17,600/700/800 all have huge Call OI and No major Put writing