Pre Market - Sanpshot - 13-07-2021


 

US stocks shook off earlier losses to end at record levels. Investors awaited signs of a further rebound in corporate profits and start of Q2 results season. Indices gained between 0.25% to 0.35%. Small cap Russell 2000 closed just above the flat line.


US 10 year and dollar index traded flat near 1.35% and 92.25. Cboe Vix closed at 16. 


Crude futures moved a bit higher Brent above 75, WTI above 74.

Indian stocks ended the day nearly flat, erasing the strong opening gains in a volatile. Realty and metal stocks showed some life on Monday. Markets ignored strong overnight cues from Wall Street as well as positive trading in Asian stocks. 


For the day watch for choppy trade till Nifty takes out trading range set for last many sessions. Continue to maintain rotational positions till a clearer path is visible for the markets.

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