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April 7, 2014Time: 8.35 am
Pre Market Report:
- US markets fell on Friday.
- But the fall was limited to Biotech and IT stocks which rose very high in the recent past.
- So this correction may not be deep.
- Asian markets are down.
- SGX Nifty is trading slightly higher.
- So we may not be affected by the bad global sentiment.
- Recent opinion poll suggests that NDA is likely to get around 265, which is a positive news.
- Pharma stocks will once again go up, as Sun Pharma is buying Ranbaxy.
- Last Friday Ranbaxy rose by 8%, one of our readers asked us why, we did not know the reason.
- Now we know why.
- Ranbaxy is likely to open higher by Rs 10 to Rs 20.
- Nifty future is likely to trade between 6720 and 6800.
- We just got 2 responses for our quiz question and both are wrong.
- We keep the quiz open until the end of the day today.
- Today in our after market report, we will give the answer.
Comments
Where is the quiz link
ReplyDeleteQUiz: Which F&O contract is trading 40% higher than the spot price?
DeleteSir, I have emailed the right answer, Should I be more specific with my answer, I shall re-send
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