- US markets closed marginally lower yesterday
- Asian markets trading lower
- SGX Nifty indicating a cut of around 20 points
- FIIs net acquired shares worth Rs 1,079.20 crore and DIIs net sold shares worth Rs 278.97
- World over markets are in consolidation mode and changing hands from Technology sector to other sectors
- Nifty has risen significantly from Feb highs but Bank Nifty is still about 1000 points lower from Feb highs
- RBI Credit policy today no change expected in interest rates
- Markets will be volatile so wait for the policy to be announced
- SBI hit all time high yesterday theme of the markets remains with PSU banks
- PNB will be coming out with results today
Nifty/Banknifty 4 Jun 21
Nifty : 15690
R1 & R2 : 15785 &15850
S1 & S2 : 15600 &15555
PCR: 1.63
Banknifty LTP: 35649
R1 & R2: 35850 &36150
S1 & S2 : 35350 &35180
PCR: 0.85