Pre Market Report
05-OCT-2021
° SGX NIFTY Is At 17602 (-108)
° NASDAQ Is At 14472 (-319)
° DOW JONES Is At 34002 (-323)
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° In NIFTY 17600CE To 17400PE And 17800CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 37000PE And 38000CE Has Huge Open Interest In Weekly.
° IN INDEX F&O, FIIs Are 56% Long And 44% Short.
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° Services PMI Data Will Be Released Today.
° SGX NIFTY Is Indicating Huge Gap Down.
° So It'll Be Interesting To See How Much More Our Market Will Slide Down After The Gap Down.
° DOLLAR INDEX Is Again Moving Towards $94 Is A Danger.
° ₹Rupee Is Depreciating & Brent Oil Prices Are On Fire To Make The World Market Uncomfortable And Jittery.
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° Yesterday, US Markets Have Been Closed Significantly Lower.
° Rising Crude Oil Prices Were Already A Concern And On Top Of It Facebook's Service Outrage Has Triggered Sell Off In Tech Shares.
° Asian Markets Have Also Opened Lower But Currently Recovering From The Lows.
° So, Recovery In Asian Markets And US FUTURES Is Likely To Eliminate The Continuous Fall In Our Market.
° But Still We Need To Monitor The Movement Of The Global Markets And Factors That Affects Our Market.
° GLOBAL CUES ARE NEGATIVE.
° LOCAL CUES ARE FLAT.
#MacroEconomy
