SGX Nifty up 25 points; here s what changed for market while you were sleeping
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Last Updated: May 20, 2021, 08:13 AM IST
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Synopsis
Nifty50 on Wednesday formed a Shooting Star candle on the daily chart, which is generally found in an uptrend and suggests a potential trend reversal.
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Net-net, foreign portfolio investors (FPIs) turned seller of domestic stocks to the tune of Rs 697.75 crore, data available with NSE suggested. DIIs were net sellers to the tune of Rs 852.52 crore, data suggests.
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The minutes of US Fed April policy review have stoked some tapering fears while wild swings in cryptocurrencies the world over have made investors jittery over risky assets. Most Asian markets were down early Thursday. But Nifty futures trading in Singapore signalled a positive start. Here s breaking down the pre-market actions:
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