Pre Market Report, May 27, 2014 | Stocks and Commodities

Sponsored by

May 27, 2014
Time: 8.50am

Pre Market Report:

1. Markets look to stabilise after yesterday,s huge volatility.
2. US markets closed yesterday and therefore Asian markets are clueless.
3. Most of them trading flat.
4. SGX Nifty is trading around 7360.
5. But during these days SGX Nifty is irrelevant.
6. CAD figure was favorable.
7. FIIs did not sell much.
8. Everyone is wondering why there was such a fall without any significant sell from Institutions.
9. The fact that Real Estate index was the only index to fall significantly, and that was the index rising significantly in the last few days, we may conclude that yesterday's sell off was just a profit booking.
10. Let us see how market moves today.
11. Nifty future should cross 7420 in order to be positive in the near term.