- 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