- SGX Nifty indicating a negative start with 25 points cut
- Global markets still going through a risk off phase
- Nifty has seen strong support at 15,600-15,650 levels needs to be watched very closely
- FIIs sell big in cash, net sell Rs 2,199 cr yesterday
- Index futures: FIIs unwind 19,400 longs, add 6,900 shorts
- Bank Nifty fall was is fully attributed to HDFC Bank’s numbers yesterday
- Bajaj Finance will be declaring its results today now becomes extremely important number to track
- Midcap action still remains strong, breadth will be key to watch
Nifty/Banknifty for 20 July 21
Nifty : 15752
Rest: 15840 & 15870
Supt: 15700 & 15660
PCR : 1.15
Banknifty : 35079
Rest: 35335 & 35525
Supt: 34800 & 34700
PCR: 0.92