Pre Market Updates: Friday September 07

- Yesterday the pullback was mainly led by pharma stocks
- FIIs are buying options in huge quantities.
- All over the world emerging markets have entered into bear markets.
- Means, markets have fallen more than 20% from the peak.
- But our sentiments are difference we are not doing that bad as we are still 2 to 3% down from all time high.
- Nifty trading above one month’s gain in this fall.
- Nifty may to trade between 11460 and 11590.