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- US markets fell in the last hours of trading yesterday.
- Gloomy outlook of Federal Reserve towards the economy due to corona triggered the fall.
- Asian markets are down.
- We are following the US markets and SGX nifty is down by 120 points.
- Apple touched 2 trillion market cap yesterday.
- AGr hearing is again due today. Now since reliance is involved, huge volatility is expected.
- Also today is weekly options expiry.
- Nifty PE is close to touching 3SD and is at 32.09. This is as dangerous as it can get.
- FIIs bought for R459 crores adn DIIs sold for Rs 97 Crores.
- Bank Nifty will remain volatile. It mat open below 22k.
- More and more stocks are going into trading due to high MWPL.
- Nift ymay trade between 11250 to 11400.
- Bank nifty may trade between 21800-22300.
