Pre Market Report, January 27, 2015 | Stocks and Commodities

January 27, 2015
Time: 8.20 am

Pre Market Report:

1. US markets closed positive.
2. Most Asian markets are up marginally.
3. SGX Nifty is also trading marginally higher at 8855.
4. Greece election results came as expected.
5. Despite Syriza party winning, markets all over the world ignored this news.
6. Only Greece markets fell by 3.2% which is much lower than 5% rise the day before election.
7. Maruti's results will be watched closely.
8. Maruti has been under performing in the last few sessions. So the results will decide the direction for this stock.
9. A couple of smaller banks will declare results today. So Bank Nifty will be in focus.
10. Power stocks like RPower seems to have bottomed out.
11. Expiry related issues will keep the markets volatile.
12. Nifty future is expected to trade between 8800 and 8900.