Pre Market Report, January 31, 2014 | Stocks and Commodities

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Pre Market Report
Time: 8.55 am

Pre Market Report:

1. US markets rose.
2. But Asian markets are mostlt down.
3. SGX NIfty is trading flat with positive bias.
4. PNB will declare results today and onve again Banking stocks will be under pressure.
5. China stocks are down, so metal stocks will also be under pressure.
6. So as usual, Banking, Metal, Real Estate, Auto and Infra stocks will be under pressure.
7. IT, Pharma and FMCG will continue to do well.
8. Today market is expected to be range bound with positive bias.