Pre-Market Report 26-June-2023

Nasdaq (-1.01%) and Dow Jones (-0.65%) show significant declines, indicating a negative global sentiment. Nasdaq futures (+0.29%) and Dow Jones futures (+0.18%) suggest a potential recovery, but remain relatively flat. SGX-Nifty is up by +0.01%. FII net value is -344.81 crores, reflecting selling pressure from foreign institutional investors. DII net value is -684.01 crores, indicating continued selling from domestic institutional investors. US ADRs are partially bullish and partially bearish, signaling mixed sentiment. The previous day's BankNifty PCR was 1.11, and Nifty PCR was 0.87, indicating a mixed sentiment as well. Considering the bearish global cues, negative net values, and mixed indicators, anticipate the continuation of the bearish trend for BankNifty and Nifty indices. #BearishTrend #BankNifty #Nifty