- US Markets ended sharply higher after the Federal Reserve delivered a widely expected interest-rate hike
- Asian markets trading higher
- SGX Nifty indicating gap-up of 150 points
- FIIs net sold worth Rs 3,288.18 crore while DIIs net bought worth Rs 1,338 crore
- FIIs have gone all in on short side ahead of expiry
- Index futures: FIIs unwind 1500 longs, add 36,000 shorts
- Stock futures: FIIs net add 14,000 shorts
- If Nifty breaches yesterdays low further downside will open up
- If Nifty trades above 17,010-50 can result in some swift short covering
- Weekly expiry today and expect markets to be volatile