- US markets Closed higher
- Apple , Microsoft led the rise
- Asian Markets are tradind higher.
- SGX nifty is higher by mere 20 points
- Reliance, Hdfc twins and ICICI bank are weak, they fell almost 10 % from last swing highs
- Bandhan Bank was down more than 10 % due to a block deal. RBI told promoters to reduce stake. Rs 10500 Crores worth of shares got sold, most of them were bought by FIIs.
- RBI policy is on thursday, markets may remain subdued till that.
- Amit shah corona infection news may have dampened the moods of bulls, who knows.
- Our markets are not following global markets for a while now.
- Manufacturing PMI came bad
- NIfty now has to cross psychological figure of 11000 to resume uptrend
- Bank Nifty needs to cross 22300
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