DIIs buy for a whopping 2046.96 crores today ! Nifty trying to go up ahead of SBI results! SBI up 4%

Good Evening everyone, As mentioned in the Pre-market report, we did see a rebound in the Nifty today & It feels like Nifty is just looking for a reason to get back up. SBI went up today by almost 4% after predictions of good results by major analysts, which boosted the sentiment in the market.

I hope some of you have bought SBI shares along with me when I had announced it yesterday on our channel.

DIIs bought for a net of Rs. 2046.96 crores in the Indian market today while FIIs kept selling to the tune of Rs. 866.26 crores.

On the daily chart, Nifty still holds a in decisive candle.

Sector Watch:

Metals were the star today as this sector went up by 5% today and gave us all a great opportunity to book handsome profits today. PSU banks closely followed with power from SBI. While FMCG lagged the most today.

Top Gainers:

Without a doubt, The top gainer of the day was Hindalco which most of us had in our kitty & went up by 10%in the day, followed by another favorite of ours, the Tata steel, followed by SBI up by 4.14%.

Top Losers:

The auto and Pharma sectors continued to underperform as Maruti's results were not great and similarly, Dr. Reddy's results were not great either. However, we can look at it as an opportunity to buy at the right levels.

That's is it, for now, lets catch up tomorrow to end the week on a positive note.