November 26, 2014
Time: 8.30 am
Pre Market Report:
Time: 8.30 am
Pre Market Report:
- US markets closed almost flat after better than expected GDP data.
- Most Asian markets are trading flat.
- Yesterday, FIIs bought heavily in cash market.
- Selling in F&O was also normal.
- Despite that markets fell drastically.
- And SGX Nifty now also trading closer to yesterday's low.
- But just before expiry, markets may move any way.
- It all depends on at what point stop loss is kept by long and short people.
- Nifty future is likely to trade between 8420 and 8500.
- Only after the expiry, GDP data and RBI policy will influence the markets.
Comments
In the broader market, BSE midcap index has lost 0.1% and smallcap index has gained 0.1%.
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Power Grid stock extend losses on MSCI exclusion.
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