- US markets ended sharply on Friday as Wednesday’s hawkish turn by the Federal Reserve continued to weigh on sentiment.
- US Dow Future slipped 0.3%
- SGX Nifty trades at 15,558, down 190 points.
- Asian stocks slid Monday after traders soured on the reflation trade in the wake of a hawkish pivot by the Federal Reserve.
- FIIs and DIIs together bought around ₹3,000 cr, currently FIIs are long on Index futures at 68%
- You can expect markets to be highly volatile
- Nifty may trade between 15500-15700
Nifty/Banknifty 18 Jun 21
Nifty/Banknifty for 21 Jun 21
Nifty : 15683
Resist : 15770 & 15800
Suppt: 15545 & 15425
PCR: 1.02
Banknifty : 34558
Resist: 34845 & 35100
Suppt: 34080 & 33735
PCR: 0.78