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PRE MARKET REPORT, JUNE 08, 2021

  • US Markets closed negative on Monday
  • Asian markets trading mixed
  • SGX Nifty indicating a positive opening of 40 points
  • FIIs net sold shares worth Rs 186.46 crore and DIIs net bought shares worth Rs 983.97 crore
  • Market remains in firm grip of bulls
  • Focus on Bank Nifty, within 6% of previous peak
  • Fresh buying in large stocks like Reliance and TCS
  • Nifty has seen Put writing at 15,700, seen as base now
  • Bank Nifty faces some congestion at 35,500-36,000