March 25, 2015
Time: 8.20 am
Pre Market Report:
Time: 8.20 am
Pre Market Report:
- US markets closed negative.
- Asian markets are flat.
- SGX Nift is trading about 8 to 10 points higher.
- Yesterday FIIs have bought for Rs 738 crores and DIIs have sold for Rs 632 crores.
- FIIs continue to buy in cash market and still market keeps falling.
- SBI and Tata Motors fall due to rights issue.
- Expiry related issues will dominate the markets today.
- Markets are expected to be highly volatile in a range bound trade.
- Nifty is likely to trade between 8500 and 8600.
- Nifty future is likely to trade between 8520 and 8620.
- If there is no strong short covering, Nifty is likely to expire in the same range.
- 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.
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