Pre Market Report, November 12, 2014 | Stocks and Commodities

November 12, 2014
Time: 8.30 am

Pre Market Report:

1. US markets closed at all time high once again, though the gain is marginal.
2. Asian markets are also trading firm after a news that japan will delay sale tax increase.
3. SGX Nifty is trading slightly positive at 8412.
4. Today also markets are likely to be volatile.
5. This is mainly due to banking strike.
6. Volume is likely to be very low and that will add to the volatility.
7. Even a small amount of selling, markets will fall more and even a small amount of buying, markets will rise more.
8. Tata Steel, Oil India, Adani Ent., Reliance Infra, Reliance Power are the key companies that will declare results today.
9. Nifty future, once again likely to consolidate between 8360 and 8440.
10. People will not like to create huge positions ahead of Inflation and IIP data today evening.