Tuesday, 20th May, 2025
Time : 8:30 AM IST
insights :
1 Nifty fell by 74 points and closed at 24945.
2 Looks like markets are consolidating at these levels after a 1000 point rally in nifty in the last week.
3 FIIs pumped more than Rs 12000 crores last week in to equity markets.
4 Moody’s downgraded US credit rating over rising US debt concerns.
5 This may indicate that , investors will demand higher yields on treasuries.
6 yesterday , US markets closed almost flat , Dow closing at 0.3% higher.
7 Asian markets are trading higher
8 GIFT Nifty indicating more than 80 point gap up opening.
9 yesterday , both FIIs and DIIs were net sellers in cash market. FIIs net shorts are now at 58% vs earlier 52%.
10 markets may take support at 24800 and face resistance at 25200.