PRE MARKET REPORT, MAY 20, 2022

  • US Markets ended lower after a volatile session
  • Asian markets jumped in early trade
  • SGX Nifty indicating gap-up of over 200 points
  • FIIs net sold worth Rs 4,899.92 crore while DIIs net bought worth Rs 3,225.54 crore
  • FII selling at highs remains a risk
  • Nifty now, 15,700-15,800 huge support
  • Fresh decline now only on close below 15,700
  • Metals Index, other commodities may lead