×

Pre Market Report, March 25, 2015

March 25, 2015
Time: 8.20 am

Pre Market Report:


  1. US markets closed negative.
  2. Asian markets are flat.
  3. SGX Nift is trading about 8 to 10 points higher.
  4. Yesterday FIIs have bought for Rs 738 crores and DIIs have sold for Rs 632 crores.
  5. FIIs continue to buy in cash market and still market keeps falling.
  6. SBI and Tata Motors fall due to rights issue.
  7. Expiry related issues will dominate the markets today.
  8. Markets are expected to be highly volatile in a range bound trade.
  9. Nifty is likely to trade between 8500 and 8600.
  10. Nifty future is likely to trade between 8520 and 8620.
  11. If there is no strong short covering, Nifty is likely to expire in the same range.
  12. If there is any strong short covering and if Nifty future trades above 8620 for more than half an hour, then we can expect the expiry between 8600 and 8700.


Comments