Pre-Market Report, January 21, 2014 | Stocks and Commodities

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January 21, 2014
Time: 7.45 am

Pre-Market Report:

1. US markets were closed yesterday.
2. But Asian markets are up.
3. First there is monetary policy decision by Bank of Japan today, that is lifting sentiment there.
4. Second China injected more liquidity in the system ahead of Chinese New Year holidays, that is lifting the sentiment in Chinese stock markets, which closed at the lowest point below 2000 after a long time.
5. SGX Nifty is trading around 6330.
6. There are no other market moving news today.
7. Tomorrow, L&T and HDFC will declare results.
8. Nifty is expected to trade between 6280 and 6360.