- US markets closed flat after rallying around record highs
- Asian markets trading mixed
- SGX Nifty indicating a flat opening with 18 points gain
- FIIs net bought shares worth Rs 3,881.16 crore while DIIs net sold shares worth Rs 1,872.40 crore
- FIIs buy in huge numbers after a gap of around 10 days of net selling
- Massive buying by FIIs could lift sentiment in large caps
- SEBI’s peak margin rule kicks in today
- Auto sales for the month of August will be out today
- Markets generally consolidate after two days of expansion
- Nifty may consolidate between 17,100-17,200 zone
- Big delivery buying in Bharti, Metal names
- Axis Bank, ICICI Bank ADRs see big rally, Need to see if Bank Nifty can follow through the rally
- Nifty PCR 1.37 and Bank Nifty PCR 0.98