Pre Market Report, March 18, 2014 | Stocks and Commodities

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March 18, 2014
Time: 8.40 am

Pre Market Report:

1. US markets closed positive yesterday.
2. Sentiment in Asia is good.
3. As expected Crimea voted to join Russia.
4. We have to see what Russia decides on March 21.
5. SGX Nifty is trading about 20 points higher.
6. Russia Ukraine problem will keep the markets under chek.
7. At the same time FII buying will hold the markets from falling.
8. So Nifty is likely to trade between 6400 and 6600 for next few days.
9. Today Nifty future should trade between 6520 and 6580.
10. After our markets closed on Friday, SGX Nifty traded in the range of 6519.50 and 6585.
11. Maruti will gap up by at least Rs 100.
12. So Auto and Banking are likely to do well.