PRE MARKET REPORT, MAY 11, 2022

  • US markets ended higher on Tuesday
  • Asian markets trading flat
  • SGX Nifty indicating flat opening with 30 points cut
  • FIIs net sold worth Rs 3,960.59 crore while DIIs net bought worth Rs 2,958.40 crore
  • FII long exposure in Index futures is at 22%
  • FIIs have been short since start of series
  • Imp levels: Recent low of 15,700 and erstwhile support of 16,800