Wall Street recovered from initial weak cues on DEUTSCHE Bank as German chancellor assured about financial of DEUTSCHE Bank.
US Treasury secretary Janet Yellen has closed door meeting with all key regulator – no decision outcome will be shared with public.
Last trading day for current financial year will be 29-Mar-23 and 31-Mar-23 will last trading day for calendar year but trade in Equity & FO segment will be settled on 3-Apr-23.
VIX @ 15.24: expected VIX to be in 14 – 16 range.
F&O data: Nifty PCR @ 0.78 Vs 0.86 previous. Banknifty PCR @ 0.72 Vs 0.70 previous. FII net short remains at 13.33%:86.67%.
Approach on Indices: SGX Nifty indicate positive opening, likely to recover loss made in last hour on Friday, no major global cues, technical looks sides ways. Nifty @ 16925 & Banknifty @ 39054 to act as support level
SGX Nifty @ 17005.50 up 86 points at 8:10 AM