PRE MARKET REPORT, JUNE 14, 2021

  • US Markets closed modestly higher on Friday
  • Asian markets are trading mixed
  • SGX Nifty indicating a gap down of 75 points
  • Main reason is because of tweet by Suchita Dalal over the weekend around some kind of scam going around Adani group stocks
  • Three FPIs demat account has been frozen together they are holding 45000 crore worth of Adani Group stocks
  • FIIs net bought shares worth Rs 18.64 crore and DIIs purchased shares worth Rs 666.36 crore
  • FIIs are still bullish holding long on Index Futures at 83%
  • Nifty might trade between 15650 – 15900