- US stocks were mixed in Wednesday’s session
- Fed event is over no increase in interest rate and no indication of interest rate hike in near future
- Hong Kong markets seeing rebound after two days of drastic fall
- SGX Nifty indicating a flat opening with 8 points gain
- FIIs net sold shares worth Rs 2,274.77 crore while DIIs net purchased shares worth Rs 921.45 crore
- FIIs looks are in no mood to stop selling in last 5 trading sessions they have sold more than 10,000 cr
- Despite FIIs keep selling over 1000 cr daily Nifty has not fallen much in fact has just fallen less than 1% from Jun expiry of 15,800
- One probable reason could be they are not happy with corporate results
- Selling has been so far restricted to Reliance, HDFC Twins and Kotak Bank
- Yesterday Nifty fell nearly 300 points from intraday high and recovered about 200 points
- Monthly expiry today Nifty may expire around 15700-15800 and intraday may trade between yesterdays range only
- Call us: 8770023116
- Email: info@masterniftyoption.com
Archives