Pre Market Report | Stocks and Commodities

August 18, 2014
Time: 8.45 am

Pre Market Report:

1. There are no news flow internally like IIP data, Inflation data, PMI data, etc.
2. No more results also as all results are over.
3. So only factor will be global cues.
4. On Friday, Ukraine military destroyed Russian convoy of about 20 vehicles.
5. That has spooked US markets briefly.
6. But US markets recovered towards the end.
7. US markets ended mixed with Dow and S&P down, Nasdaq up.
8. Crude is trading lower, which is good for India.
9. SGX Nifty is trading 7780.
10. Nifty is likely to trade in the range of 7760 to 7840.