SGX nifty down 40 points , expect another weak opening today.

SGX nifty down 40 points , expect another weak opening today.

Nifty down for 4th day
Biggest single day fall in 7 months
FIIs sell 3439cr in cash market yesterday
In last 4 days , FIIs have sold 8300cr in cash
Nifty has broken October 1 low of 17450
Nifty down 700 points in last one month              
DIIs buy 2051cr in cash market yest
Paytm in focus- stock down ~40% from issue price
Paytm lost 5 bln$ of market cap since listing
US markets end mixed, Nasdaq down 1%  
Fed chairman Jerome powell gets second term

Source – sonia Shenoy telegram channel