PRE MARKET REPORT, JUNE 15, 2021

  • US markets Dow Jones closed marginally lower and Nasadaq closed higher
  • Asian markets trading higher
  • SGX Nifty indicating a flat opening
  • FIIs net sold shares worth Rs 503.51 crore, unwind some long positions and DIIs net purchased shares worth Rs 544.26 crore
  • Overall texture still remains “Buy on dips” but markets has clearly given a warning about leveraged positions
  • Yesterday’s lows now sacrosanct levels on indices
  • Yesterday’s lows: Nifty at 15606 and Bank Nifty at 34,374