- Yesterday Dow fell more than Nasdaq.
- Dow fell more than 600 points at some point and closed more than 400 points down.
- SGX Nifty is down by about 40 points.
- Stock specific action is likely to continue due to MSCI rejig
- Many stocks are added and few got deleted from MSCI index.
- Yesterday our market performance was not bad compared to Global markets
- Huge OI added at 15000CE and above.
- Lupin, Asian Paints, Voltas, Jindal Steel, Tata Power are some of the key companies set to declare results today.
- Nifty future is likely to trade between 14600 and 15000.
Nifty/Banknifty for 12 May 21
Nifty : 14850
Rest: 14950 & 15000
Sup: 14795 & 14770
PCR: 1.70
Banknifty : 32872
Rest: 33300 & 33780
Sup: 32650 & 32430
PCR: 1.16