MarketBuzz Podcast June 18: FIIs continue to sell but DIIs rescue Indian markets
Episode 27, Jun 18, 2018, 02:19 AM
In this edition of MarketBuzz, Nigel D'Souza talks about weak US markets on the back of trade wars.
Brent Crude cooled 3.5% last week.
He explains how foreign institutional investors (FIIs) continued to sell last week but domestic investors kept the markets afloat.
Nifty likely to have support at lower levels at the 50 DMA (10,638) and 100 DMA (10,557).
A close above the 10,850 to 10,900 will be crucial for the bulls.