Pre Market Report, June 26, 2014 | Stocks and Commodities

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June 26, 2014
Time: 8.50 am

Pre Market Report:

1. US markets rose after falling previous day.
2. Most Asian markets are up.
3. SGX Nifty is flat.
4. On one side, global cues are good.
5. On the other side, Gas price hike decision has been postponed, which is negative for Energy sector stocks.
6. Markets are expected to be sideways with plus or minus 25 to 30 points in the first half of the trading session.
7. In the second half, markets are likely to make some big moves, either on the upside or downside.
8. Most likely, it will be on the upside.
9. Nifty may expire above 7600.
10. Anyway it is very difficult to predict the market movement in second half of the expiry day trade.
11. Let us see what is going to happen.