CUES FOR TODAY
- Wall St shut overnight on account of Juneteenth Holiday
- Gift Nifty suggests 20 pt downtick at start
- Nifty closed flat yesterday despite big sell-off in Mid & Small Caps
- Nifty June Series expiry next week
- Option writers pegged around 24600-25050 range
Other Imp Macros
- Oil at $77 as Iran-Israel-US tensions continue
India: Cash Market Flows
- FII +935 Cr
- DII +605 Cr
FII Gross Volumes on the lower side due to US market holiday
FIIs in Index Futures
- Long 22%
- Short 78%
Key To Track: If Indices conquer and close >20 DMA
- Nifty: 20 DMA at 24850
- Nifty Bank: 20 DMA at 55857
Stocks in Focus
- Banks & NBFCs in focus as RBI relaxes provisioning norms for project financing
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