PRE MARKET REPORT, JULY 26, 2021

  • Dow Jones above 35,000 level for the first time
  • Asian markets are trading mixed
  • SGX Nifty indicating a negative opening with 95 points loss
  • Biggest trades have come at 15,600 and 15,900
  • Market’s reaction to big earnings will decide first hour
  • Market to react to RIL, ITC and ICICI Bank numbers
  • Bank Nifty rallied big on Friday due to ICICI Bank
  • ICICI Bank emerging as best in class among private banks
  • This month: HDFC Bank down 3.7%, ICICI Bk up 7.3%