Pre Market Report, October 23, 2014 | Stocks and Commodities

October 23, 2014
Time: 5 pm

Pre Market Report:

1. I wish HAPPY DIWALI to all the bloggers.
2. Yesterday I could not write both Pre and Post Markets report due to celebration mood.
3. But markets moved as expected.
4. Banks took breather and Auto stocks shot up.
5. Yesterday US markets fell soon after shooting incident reported from Canada.
6. A Canadian, who is a converted muslim, involved in shooting near Canadian Parliment.
7. So Asian and European markets also fell.
8. Some economic data came from German which were positive.
9. So Europe erased the loses and briefly traded in Green.
10. Now Europe is trading mixed.
11. SGX Nifty is almost flat with positive bias.
12. No big moves are expected in Muhurat trading.
13. Nifty future is likely to trade between 8000 and 8050.