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PRE MARKET REPORT, FEB 10, 2022

  • US Markets closed sharply higher on Wednesday
  • Asian markets trading mixed
  • SGX Nifty indicating flat opening with 30 points gain
  • FIIs net sold shares worth Rs 892.64 crore while DIIs net bought shares worth Rs 1,793.35 crore
  • RBI monetary policy today and also weekly options expiry markets likely to be very volatile
  • Bank Nifty likely to be volatile due to RBI monetary policy
  • Nifty has moved up from low of 17,050 to 17,450 in 2 days
  • Nifty above 50 DMA, may now test 20 DMA of 17,640
  • Nifty IT may extend gains today following yesterdays rally