CUES FOR TODAY
- Indian Markets declined yesterday
- Gift Nifty suggests +25 Pt green at start
- FIIs sell 5045 Cr in Cash and 3169 Cr in Index Futures
- Nifty Bank at 20 DMA of 54940, at a crucial level
- For Nifty, strong support seen at 24524, 20 DMA
WALL ST ENDED FLAT
- Dow -0.0%
- S&P -0.04%
- Nasdaq +0.28%
- US 10Y Yield cools to 4.52% after a big surge earlier
- Bitcoin at fresh record high of $112000
- Brent Crude falls to $64 on hopes of OPEC+ production increase
- Rupee weakened past 86 yesterday, FII flows crucial to track
India: Cash Market flows
- FII -5045 Cr
- DII +3715 Cr
FIIs in Index Futures
- Net Sell 3169 Cr
- Long -7066
- Short +10654
- FII Long exposure drops to 32% vs 42%, 5 days ago
- FII net contracts at -55300 vs -23235 on May 16th
Nifty Options Data suggests
- Support at 24400-24500
- Congestion at 24850-24950
Stocks To Watch