- US markets are relentless. Both S&P 500 and NASDAQ hit new all time highs.
- Asian markets are positive.
- SGX Nifty is up 40 points.
- Nothing seems to stop the market.
- Stock market is a forward looking machine and it appears worst is behind us and only good things lie ahead.
- We may see this in couple of weeks.
- Yesterday Bank Nifty woke up and showed what the beast it is, moved 500 points swiftly.
- After Pharma, IT, , Chemical, Defense stocks, Bank stocks are itching for a rally.
- Banks always are the first to fall and last to recover.
- AGR case is being heard today.
- Reliance retail bought Netmeds and are looking to have three more acquisitions Zivame, Urban Ladder and Milk Basket.
- Truly Reliance is building up to be a beast.
- FIIs continue to buy for Rs 1135 crores while DIIs sold for Rs 379 Crores.
- Expecting huge volatility in bank and nbfc stocks.
- Nifty may trade between 11350 to 11500.
- Bank nifty may trade between 22000 to 23000.
in Daily Report
Pre Market Report 19 Aug
