- US Markets, Dow closed on record highs while Nasdaq closed lower
- Asian markets trading mixed
- SGX Nifty indicating a flat start with 11 points gain
- FIIs net sold shares worth Rs 2,697.70 crore while DIIs net bought shares worth Rs 1,029.97 crore
- FIIs have been selling aggressively for last three-four days
- For last three trading sessions Nifty broke previous days low and last two trading sessions Nifty tested 18,050 and took support followed by some recovery
- So fart Nifty is getting support from Bank Nifty
- New Covid outbreak may worsen in the coming days, In UK and Germany new Covid cases are rising
- RIL and ICICI Bank will be in focus today and some stability around IT stocks
- Nifty range is currently between 18,000-18,200
- Nifty PCR 0.9 and Bank Nifty PCR 0.94