Market Live: Weak Setup For Nifty, FIIs Net Sellers | Siemens, Federal Bank In Focus | Opening Bell

Technical indicators show no cheer for Nifty, weak macro data should keep bulls on backfoot. Meanwhile, global cues are fairly muted with the SGX Nifty marginally in the red. China GDP grows by 3% that exceeded some expectations but still grew at one of the weakest rates in 40 years owing to the Covid-19 pandemic and a real estate crisis. Stocks in focus: Federal Bank, Siemens, Persistent Systems #moneycontrol #stockmarket #stocks #nifty #sensex #chinaeconomy #sgxnifty #federalbank #siemens #persistentsystems Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools. A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy. Subscribe: https://bit.ly/moneycontrolyoutube Follow us: Visit https://www.moneycontrol.com/ Facebook:   / moneycontrol   Twitter:   / moneycontrolcom   Instagram:   / moneycontrolcom