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PRE MARKET REPORT, JUNE 02, 2022

  • US markets ended lower on Wednesday saw sharp cuts in last 15 mins
  • Asian markets declined in early hours
  • SGX Nifty indicating negative opening with 70 points cut
  • Dollar climbs up but Brent down further
  • FIIs net sold worth Rs 1,930.16 crore while DIIs net bought worth Rs 984.11 crore
  • FIIs back on sell side after 1 day of buying
  • Nifty has made a lower high for 2 days in a row
  • Nifty made a lower low yesterday, broke Monday low
  • Looking at OI huge call writing seen from 16,600-800
  • Bank Nifty put writers confident of 35,500