• Comments Off on PRE MARKET REPORT, MAY 09, 2022

PRE MARKET REPORT, MAY 09, 2022

  • US Markets extended losses on Friday
  • Asian markets trading lower
  • SGX Nifty indicating gap-down of over 200 points
  • FIIs net sold worth Rs 5,517.08 crore while DIIs net bought worth Rs 3,014.85
  • Looking at OI immediate support for Nifty is around 16,200 and major support around 16,000
  • Immediate resistance is placed around 16,400/500
  • Markets will be reacting to RIL results
  • Nifty PCR 0.74