Pre Market Report, December 4, 2014 | Stocks and Commodities

December 4, 2014
Time: 8.45 am

Pre Market Report:

1. I could not bring "Pre Market Report" yesterday as I had to go for Sun TV Program.
2. And did not write "Post Market Report" also as I was sick.
3. US markets closed at all time high once again.
4. Asian markets are all u.
5. But SGX Nifty is almost flat at 8580.
6. Markets are consolidating at higher levels.
7. Bank Nifty is out performing Nifty without any rate cut.
8. Positive global cues, FII buying of Rs 391 crores in yesterday's cash market will make sure that the downside is limited in today's trade.
9. Ahead of ECB policy announcement, Nifty future is likely to trade between 8560 and 8640.