Pre-Market Report 23-June-2023

Global queues are partially bullish and partially bearish, with Nasdaq showing gains but Dow Jones experiencing a slight decline. Nasdaq futures and Dow Jones futures are down as well. Sgx-nifty is almost flat. FII net value is negative, indicating selling pressure, while DII net value is positive but relatively low, suggesting limited institutional buying. US ADRs are partially bullish and partially bearish, adding to the mixed sentiment. The last day's closing BankNifty PCR was 0.81, and Nifty PCR was 0.99, both below 1, indicating a slightly negative outlook. Overall, the trend for BankNifty and Nifty is mixed with a cautious stance and a potential for some downward movement.