PRE MARKET REPORT, OCT 4, 2021

  • US markets closed on higher note on Friday back of positive economic data and positive news from Merc on oral antiviral treatment
  • Asian markets trading mixed.
  • Hong Kong market significantly down by 2% primarily due to suspension of Evergradee stock as a result SGX Nifty has given all the gains of more than 150 points
  • SGX Nifty indicating a flat opening
  • FIIs net bought shares worth Rs 131.39 crore while DIIs net sold shares worth Rs 613.08 crore
  • Looking at OI 17,700 seems to having huge resistance and support around 17,500 which has highest put OI
  • HDFC twins will be in focus if FIIs turn into buyers
  • Nifty PCR 0.94 and Bank Nifty PCR 0.87