02062020 Pre-Market-Update:- Nifty moves, Stocks to Trade, FnO Action and Much More. Nifty had a robust rally of 245 points. White House Pursues "Antifa" as Local Terrorist Group. China responds to Sanctions Threat. Doubts over N. Korea may still be having their Nuclear Program operational. FMCG Major Britannia to report results. Pharma under pressure amid the golden run.
International Key Triggers: SGX Nifty is trading flat at 08:30 am today at 9810 indicating flat to sideways moving markets at the beginning, US markets gave off all early losses and ended in green at 25475. Nikkei and Hang Seng also indicating a positive start for the markets. US riots are taking a toll over the minds of investors and this is triggering at the time of Corona Crisis and the uncertainty over US-China and US-Iran. Though Investors look puzzled the markets are moving like there is nothing to bother around.
Domestic News: Uday Kotak of Kotak Mahindra Bank to offload 2.1% stake for Rs. 6800Cr. Auto Sales are Mixed in May. Q1 results with all likelihoods is going to be more of pain for more industries while Industry leader HeroMotoCo reported sales of over 1.12lakh vehicles in May. US internal riots is paining investor sentiments.