Pre Market Report
° SGX NIFTY Is At 17072 (+51)
° NASDAQ Is At 10802 (-65)
° DOW JONES Is At 29260 (-329)
° In NIFTY 17000PE,16800PE and 17200CE, 17300CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 38500PE and 39000CE Has Huge Open Interest In Weekly.
° IN INDEX F&O, FIIs Are 23% Long And 77% Short.
° ₹Rupee hits record low of 81.70⏬
° S&P, OECD retain India’s economic growth projections for FY23
° Axis Bank to tap into rural, semi-urban markets to expand credit card business.
° Profitability of cement companies to fall for second straight fiscal: Crisil
° Any policy misstep or additional risks would increase the threat of a global recession in the next 12 months : Moody’s
° FIIs are selling in large volumes. DIIs are also increasing their buying volume.
° DOLLAR INDEX is slightly down from the yesterday's high but still remains on the higher side.
° ₹RUPEE is still remain weak, is a NEGATIVE.
° Crude Oil prices are continue to fall down, is a POSITIVE.
° US 10 YR & 02 YR BOND YIELD are significantly higher.
° GOLD price is continue to fall.
° Yesterday, US MARKETS had closed in RED.
° EUROPEAN MARKETS had closed FLAT with MIX BIAS.
° Currently, US FUTURES are trading in GREEN.
° ASIAN MARKETS are also trading mostly in RED.
° DATA WISE THINGS ARE NEGATIVE. GLOBAL CUES ARE MIX.
° SGX NIFTY is indicating slight gap up opening.
° Higher levels will continue to come under selling pressure.
° On the downside, If yesterday's low will be broken then further fall can come.
° We are close to monthly expiry. So, expiry related adjustments can create more volatility.