Pre Market Report, April 29, 2014 | Stocks and Commodities

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April 29, 2014
Time: 8 am

Pre Market Report:

1. US markets ended mixed.
2. Dow and S&P 500 were up while Nasdaq was down.
3. Most Asian markets are up slightly.
4. Japan market is closed.
5. Traders are reluctant to take positions ahead of Fed meeting.
6. Here, Bharti Airtel and Sesa Sterlite are two key companies to declare results today.
7. IOB also declaring results, which has one of the highest NPA. Its result will be taken as sample for other PSU Bank results.
8. Markets will be choppy but not likely to move significantly on either direction.
9. Nifty future should take support at 6780.
10. Resistance will be at 6860.