Pre Market Report for 09-Sep-2026
Major cues
- US-Iran war escalated
- Brent oil prices jumped to $99 per barrel
- US markets ended in the red
- Asian markets are trading mildly bullish
Watchout for
- Highly bearish sentiment coupled with oversold put call ratio
- The market desperately needs a good news but not getting any
- Coforge - negative as the chairmain resigned; could bring down IT sector as well
- No support is sacrosanct and rallies are being used to sell
- Occasional short covering happening to cool off the PCR but not sustaining
