Pre Market Report, December 5, 2014 | Stocks and Commodities

December 5, 2014
Time: 8.30 am

Pre Market Report:

1. US markets closed marginally lower.
2. Weakness was due to no stimulus announcement in Europe.
3.  Markets all over the world are in bull grip.
4. Particularly US, Japan, China and India.
5. China stocks appreciated nearly 40% in the last few months.
6. So any bad news are ignored by the markets.
7. No rate cut by RBI, India did not fall, No stimulus in Europe, World markets did not fall.
8. SGX Nifty is trading marginally positive at 8614.
9. The range for Nifty future will same as yesterday, 8560 to 8640.
10. But today being Friday, the trend after 2 pm will be difficult to predict as traders will square off their trades.