Pre Market Report, Jul 31, 2014 | Stocks and Commodities

Jul 31, 2014
Time: 8.45 am

Pre Market Report:

1. US markets ended mixed with Nasdaq and and S&P 500 up and Dow down.
2. Nasdaq was up mainly because of good results by Twitter.
3. Asian markets are also mixed.
4. SGX Nifty is down by 11 points.
5. FIIs were the net sellers yesterday.
6. So, it is unlikely that yesterday's momentum will continue.
7. There may be some selling in the second half of the trading session.
8. HCL Tech has declared results in line with expectation.
9. Maruti, DLF and ICICI Bank will declare results today.
10. Nifty is likely to expire between 7740 and 7840.